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All deeds to be recorded must include the following: Statement of exemption or transfer tax declaration. By whom the deed was prepared. To whom and where the future tax statements are to be sent. Notary seal, date, and signature. Orignial signatures (digital or photocopies of signatures are not acceptable by law)

Content Requirements for Illinois Deeds Current owner (grantor) and new owner (grantee) name and address. An Illinois deed that transfers title to real estate must include on the face of the document the names and addresses of the current owner and the new owner. ... Granting clause. ... Legal description of property.

Transfer tax is paid by purchasing Department of Revenue stamps from the county recorder at the time of recording. The transfer tax rate is $0.50 per $500 of value stated in the Transfer Tax Declaration at the state level, and counties may charge a county transfer tax at $0.25 per $500 of value.

Overview of Illinois Real Estate Transfer Tax State real estate transfer tax are imposed at a rate of $0.50 per $500 of value stated in the Transfer Tax Return. County real estate transfer tax are imposed at a rate of $0.25 per $500 of value stated in the Transfer Tax Return.

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.

LEGAL FEES - ILLINOIS QUIT CLAIM DEEDS The fee is $150 (or $160 if paid by credit card). It will be your responsibility to get the transfer stamps (if necessary) and get the deed recorded with the County Recorder. There is nothing legal about obtaining the municipal stamp and recording the deed.