Delete Pages From Legal Illinois Contract For Deed Forms For Free

Illinois deeds submitted for recording must be accompanied by a signed Transfer Tax Declaration Form (PTAX-203) unless the deed is exempt from transfer tax. The declaration uses a form published by the Department of Revenue and includes information about the transaction and a calculation of the transfer tax due.

In Illinois, the property records are located at the county recorder. You can go there in person to conduct a search or you can check the county recorder's website to see if they offer online searching.

For a property deed transfer by quitclaim in Illinois, you must use the form that's used in the county where the property is located. If the property is located in a county other than the one in which you live, call the County Recorder of Deeds in the other county to determine the proper quitclaim deed form to use.

Each Illinois county has a county recorder who receives deeds for recording and keeps the county's land records. A deed must be filed with the recorder for the county where the property is located. The county clerk serves as recorder in counties with populations under 60,000.

Termination of Contract for Deed The seller must deliver a notice to the buyer of the seller's intent to terminate the contract. The notice names the conditions of the default, terms of reinstatement that set out what the buyer must pay to redeem his interest and notice of the consequences upon failure to comply.

Should I record the contract? The seller must record the contract or a memorandum of the contract within 10 days of the date of sale. They must do this at the county recorder of deeds where the property is located.