The Chicago Illinois Declaration of Easements and Restrictions is a legal document that outlines the various rights and limitations associated with a specific property or community within the city of Chicago, Illinois. This document is typically created by a developer or homeowner's association to establish rules, guidelines, and restrictions that must be followed by property owners within a particular area. Keywords: Chicago, Illinois, Declaration, Easements, Restrictions, legal document, property, community, developer, homeowner's association, rules, guidelines, limitations, rights, specific area. The Chicago Illinois Declaration of Easements and Restrictions covers a wide range of topics, including land use, architectural standards, maintenance responsibilities, and land access. It is designed to protect the interests of the community as a whole and ensure that the quality and character of the area are maintained. There are different types of Chicago Illinois Declaration of Easements and Restrictions, primarily based on the type of property or community it pertains to. Some common types include: 1. Residential Declarations: These are created for residential neighborhoods or housing developments. They typically include rules for property maintenance, landscaping, home additions or renovations, pet restrictions, noise regulations, and homeowner's association membership requirements. 2. Commercial Declarations: These are created for commercial properties, such as office buildings or shopping centers. They may include restrictions on signage, outdoor displays, operating hours, parking regulations, and obligations for maintaining common areas. 3. Condominium Declarations: These are specific to condominium buildings or complexes. They often outline the responsibilities of individual owners versus the condominium association, including maintenance of common areas (like hallways, elevators, and parking lots), provisions for shared utilities, provisions for insurance coverage, and restrictions on unit modifications. 4. Planned Unit Development (PUD) Declarations: These are created for mixed-use developments, including a combination of residential, commercial, and recreational spaces. PUD Declarations typically establish rules and guidelines for zoning, open space requirements, architectural design, deed restrictions, and other community-specific provisions. These are just a few examples of the different types of Chicago Illinois Declaration of Easements and Restrictions that exist. Each document is tailored to the specific needs and characteristics of the property or community it governs. It is important for property owners and residents to thoroughly review and understand the terms and conditions outlined in the declaration to ensure compliance and harmony within the designated area.
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For the purpose of recording the document, your document must meet all of the recording requirements (the document has to have the property tax number, address, legal description and preparer's name and address, with signatures/notary. For recording you must provide the original plus one copy.
Property Tax E-Services State of Illinois Forms PTAX-203, 203-A, and 203-B. City of Chicago Form 7551 ? Real Property Transfer Tax Declaration. Real Property Transfer Tax Declarations for participating counties.
The fee for recording the vast majority of documents in Cook County is a flat $98.00. According to the Cook County Recorder of Deed's Office, ?this ordinance will promote efficiency in the real estate markets as it will permit full and accurate disclosure of the fees associated with real estate transactions.
The grantor must sign, with his name typed or printed, below the signature. No witnesses are required for an Illinois quitclaim but you will need to have your signature notarized. Once printed, the deed must leave a blank space of 3.5 inches around all the margins for use by the recorder.
The Illinois Real Estate Transfer Tax Law imposes a tax on the privilege of transferring a title to real estate or a beneficial interest in real property located within Illinois. By state statute, the Recorder of Deeds is required to collect the tax at the time of recording.
Tax Rate: $5.25 per $500.00 of the transfer price, or fraction thereof, of the real property or the beneficial interest in real property. In general, The Buyer is responsible for $3.75 and the Seller is responsible for $1.50.
A document filed in the real estate records of the county where property is located, and incorporated by reference into the deeds of every property located within the described area,setting out the rules and regulations pertaining to those properties.It is commonly used to spell out restrictive covenants in
Real estate related documents require: Full Name and Address of Document Preparer. Complete Legal Description of Property (Excluding Assignment of Beneficial Interests (?ABIs?)) Property Index Number (PIN) (Excluding ABIs) Property Address. Document ?Mail To? Address.
ALL DOCUMENTS must be recorded at the Clerk's downtown offices at 118 N. Clark, Chicago, Room 120.
In order to file a deed in Cook County, the necessary documents are as follows: (1) Tax Declaration (MyDec); (2) Tax Stamps (or ?Zero Stamps? if an exempt transfer); (3) A Grantor/Grantee Affidavit (exempt transfers); (4) The Deed to be Filed (which must contain PIN number, complete legal description, commonly known
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A property owner's written instrument of subdivision should be consistent with the provisions of the original declaration of subdivision. In the event that such an instrument is in conflict with the original declaration or other instrument, the party may, upon notice and demand by any person, correct the mistake and file with the Office of the County Clerk, which shall amend the instrument in such manner not inconsistent with the original instrument as the case may be. A property owner is responsible for the accuracy of his or her own documents and may be liable for any errors in the document. If the original document was filed, the original document is a valid document on which a statement of differences shall be filed. The parties are to file a declaration, by written instrument, that there is no conflict between the original and new documents. Within ten business days after being called upon to file, the owners of the property shall file a revised declaration.
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