Quit Claim Deed in Illinois What Should You Know

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Do you want to transfer the property rights to a loved one? You will need to prepare and sign a written document to execute the transfer.

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Presentation Transcript

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Quit Claim Deed in Illinois: What Should You Know

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Do you want to transfer the property rights to a loved one You will need to prepare and sign a written document to execute the transfer. If you are not selling your property for consideration of money you will need quitclaim deed. You can quickly get a quitclaim deed form for Illinois on the internet. Details to Be Filled The name and mailing address legal of the grantor and the grantee have to be filled in the deed. It should contain the legal description of the property and the county the property is located in. It has to contain the date or the execution of the deed and the notarized signature of the grantor. The deed must have a return address to be used for the records. Information about the person who prepares the document is also necessary under the ‘prepared by’ section.

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What Can It Do One of the most common uses of the quitclaim is in gifting a loved one the interest in the property. The deed can also be used to transfer the real property interests in a trust. Finally Illinois quit claim deed form is the first thing that you are going to need. Fill in the details and ensure that it is valid.

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