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Illinois Affidavit Regarding the Identity of a Grantor and Grantee of Real Property

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US-00487BG
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The following form is by an affiant as to the identity of a grantor and grantee in a deed to real property in order to correct a name discrepancy.
The Illinois Affidavit Regarding the Identity of a Granter and Grantee of Real Property is a legal document that is used in real estate transactions in the state of Illinois. This affidavit is crucial in cases where there is an issue or uncertainty regarding the identity of either the granter (seller) or the grantee (buyer) of the property. The purpose of the Illinois Affidavit Regarding the Identity of a Granter and Grantee of Real Property is to establish the true and accurate identity of the parties involved in the real estate transaction. By providing this affidavit, the parties are attesting that they are indeed the individuals they claim to be, thus ensuring the validity and authenticity of the transaction. This affidavit typically includes important information and details such as the full legal names of the granter and grantee, their addresses, and their respective roles in the transaction. It may also include specific details about the property, such as the address, the legal description, and any other relevant information pertaining to the sale. It is important to note that there may be different types or variations of the Illinois Affidavit Regarding the Identity of a Granter and Grantee of Real Property, depending on the nature of the transaction or the specific requirements set forth by the parties involved. Some possible variations or types of this affidavit may include: 1. General Illinois Affidavit Regarding the Identity of a Granter and Grantee of Real Property: This is the most common form of the affidavit used in standard real estate transactions. It includes all the basic information and details needed to establish the identities of the granter and grantee. 2. Limited Illinois Affidavit Regarding the Identity of a Granter and Grantee of Real Property: This type of affidavit is used when there are certain limitations or restrictions on the transaction or the individuals involved. It may include additional clauses or statements that address the specific limitations. 3. Trust-related Illinois Affidavit Regarding the Identity of a Granter and Grantee of Real Property: In cases where the property is held in a trust, an additional affidavit may be required to establish the true identity of the granter and grantee as trustees or beneficiaries. This affidavit typically includes details about the trust, such as the trust name and the names of the trustees or beneficiaries. It is important to consult with a qualified attorney or real estate professional to determine the specific type of Illinois Affidavit Regarding the Identity of a Granter and Grantee of Real Property that is required for a particular transaction. Additionally, following the proper procedures and adhering to the relevant laws and regulations is essential to ensure the validity and enforceability of the affidavit.

The Illinois Affidavit Regarding the Identity of a Granter and Grantee of Real Property is a legal document that is used in real estate transactions in the state of Illinois. This affidavit is crucial in cases where there is an issue or uncertainty regarding the identity of either the granter (seller) or the grantee (buyer) of the property. The purpose of the Illinois Affidavit Regarding the Identity of a Granter and Grantee of Real Property is to establish the true and accurate identity of the parties involved in the real estate transaction. By providing this affidavit, the parties are attesting that they are indeed the individuals they claim to be, thus ensuring the validity and authenticity of the transaction. This affidavit typically includes important information and details such as the full legal names of the granter and grantee, their addresses, and their respective roles in the transaction. It may also include specific details about the property, such as the address, the legal description, and any other relevant information pertaining to the sale. It is important to note that there may be different types or variations of the Illinois Affidavit Regarding the Identity of a Granter and Grantee of Real Property, depending on the nature of the transaction or the specific requirements set forth by the parties involved. Some possible variations or types of this affidavit may include: 1. General Illinois Affidavit Regarding the Identity of a Granter and Grantee of Real Property: This is the most common form of the affidavit used in standard real estate transactions. It includes all the basic information and details needed to establish the identities of the granter and grantee. 2. Limited Illinois Affidavit Regarding the Identity of a Granter and Grantee of Real Property: This type of affidavit is used when there are certain limitations or restrictions on the transaction or the individuals involved. It may include additional clauses or statements that address the specific limitations. 3. Trust-related Illinois Affidavit Regarding the Identity of a Granter and Grantee of Real Property: In cases where the property is held in a trust, an additional affidavit may be required to establish the true identity of the granter and grantee as trustees or beneficiaries. This affidavit typically includes details about the trust, such as the trust name and the names of the trustees or beneficiaries. It is important to consult with a qualified attorney or real estate professional to determine the specific type of Illinois Affidavit Regarding the Identity of a Granter and Grantee of Real Property that is required for a particular transaction. Additionally, following the proper procedures and adhering to the relevant laws and regulations is essential to ensure the validity and enforceability of the affidavit.

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When properly executed, delivered and accepted, a deed transfers title to real property from one person (the grantor) to another person (the grantee). Transfer may be voluntary, or involuntary by act of law, such as a foreclosure sale.

How Do Homeowners Add Spouses to Property Deeds? One of the most common ways property owners add spouses to real estate titles is by using quitclaim deeds. Once completed and filed, quitclaim deed forms effectually transfer a share of ownership from the owners, or grantors, to their spouses, or the grantees.

A property deed is a written and signed legal instrument that is used to transfer ownership of the real property from the old owner (the grantor) to the new owner (the grantee).

The key legal requirements for a document to be a formal deed are:The document must be in writing.The document must make clear that it is intended to be a deed known as the face value requirement.The document must be properly executed as a deed.The document must be delivered.More items...?

A deed must contain the names of the parties typed or printed to the side or below the signatures. This includes grantors as well as any witnesses and persons taking the acknowledgements. 765 ILCS 5/35c, 765 ILCS 5/9, 5/10. The name and address of the grantee or grantees must appear on the face of the deed.

The basic requirements of a valid deed are (1) written instrument, (2) competent grantor, (3) identity of the grantee, (4) words of conveyance, (5) adequate description of the land, (6) consideration, (7) signature of grantor, (8) witnesses, and (9) delivery of the completed deed to the grantee.

When properly executed, delivered and accepted, a deed transfers title to real property from one person (the grantor) to another person (the grantee). Transfer may be voluntary, or involuntary by act of law, such as a foreclosure sale.

Ensuring a deed is valid Practice dictates that that usually means that the beginning of the document states that it is a deed, as too will the testimonium clause and the execution clause stating that the document is signed as a deed; The document must be executed in accordance with the relevant law.

What is a grantor? A grantor refers to a person or institution that conveys ownership of a property. It is also an entity that creates a trust, also known as a settlor or creator.

-The purchaser's or grantee's present address is required in Illinois as an element of a valid deed. -if no specific form of ownership is selected, tenancy in common is assumed in Illinois. -When a deed conveys real estate as a gift to a relative, "love and affection" may be sufficient consideration.

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Real Estate Document · Title and date of document on first page. · Grantor and Grantee names labeled on the first page. · Grantee mailing address on the first page ... Step-by-step instructions about how to sign a deed to transfer real estatethe real estate from the current owner (grantor) to the new owner (grantee).Of Origin/Title for a Manufactured Home Classified as Real Property in thebe terminated by consent of the secured party contained on the affidavit of ... How should I complete the grantor's contact information on a RETR for theI have to record a Transfer by Affidavit (PR-1831) with the Real Estate ... A deed is a legal document that is signed and recorded to show who has title rights to access and use a piece of real property. This document is required in ... Forms · Quit Claim Deed · Warranty Deed (Joint Tenancy) · Warranty Deed (Statutory) · Claim for Mechanic's Lien · Release of Mechanic's Lien · Plat Act Affidavit ... Shown on the Deed or Assignment of Beneficial Interest in a land trust is either areal estate in Illinois, a partnership authorized to do business or ... Statement concerning the identity of a GRANTEE shall be guilty of a CLASS Cacquire and hold title to real estate in Illinois or other entity recognized ... The office of the Recorder of Deeds maintains a set of indexes about each deed recorded, for an easy search. Almost all states have a grantor-grantee index ... Transportation, (Grantee), the following described real estate in DuPage County, Illinois. SEE ATTACHED LEGAL DESCRIPTION. Grantor, without limiting the ...

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Illinois Affidavit Regarding the Identity of a Grantor and Grantee of Real Property