Get the free Illinois Quitclaim Deed from Corporation to Two Individuals

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How to fill out illinois quitclaim deed from

How to fill out Illinois quitclaim deed form:

1. Obtain the correct form: You can find the Illinois quitclaim deed form online or at your local county recorder's office. Make sure to download or obtain the most up-to-date version of the form.
2. Identify the parties involved: Write down the full legal names and addresses of both the grantor (person who is transferring the property) and the grantee (person receiving the property).
3. Provide property details: Indicate the complete legal description of the property being transferred. This includes the address, county, and any other relevant details that accurately identify the property.
4. Include a statement of consideration: State the consideration, or the value exchanged for the transfer of the property. This can be a nominal amount, such as "one dollar" or "ten dollars," or it can be left blank if no monetary consideration is involved.
5. Sign the document: Both the grantor and the grantee need to sign the quitclaim deed in the presence of a notary public. Ensure that the signatures are legible and match the names written in the document.
6. File the completed form: Once the deed is properly signed and notarized, it needs to be filed with the county recorder's office in the county where the property is located. Pay any required filing fees and obtain a copy of the recorded deed for your records.

Who needs an Illinois quitclaim deed form?

1. Individuals transferring property without guaranteeing a clear title: A quitclaim deed is commonly used when a property owner wants to transfer their interest in the property without making any warranties or guarantees about the title. This could be useful in situations such as transferring property between family members or adding or removing someone from the property's title.
2. Divorcing couples or former spouses: If a divorce settlement requires one spouse to transfer their interest in a property to the other spouse, a quitclaim deed can be used to accomplish this transfer.
3. Co-owners or joint tenants: When co-owners or joint tenants want to transfer their interest in a property to another co-owner or a third party, a quitclaim deed can be used.

Note: It is always advisable to consult with a qualified attorney or real estate professional when filling out a quitclaim deed to ensure compliance with applicable laws and regulations.

This Quitclaim Deed from Corporation to Two Individuals form is a Quitclaim Deed where the Granter is a corporation and the Grantees are two individuals. Granter conveys and quitclaims the described property to Grantees less and except all oil, gas and minerals, on and under the property owned by Granter, if any, which are reserved by Granter. This deed complies with all state statutory laws.

For pdfFiller’s FAQs

What is illinois quitclaim deed from?

An Illinois quitclaim deed form is a legal document that transfers the ownership of a property from one party to another party without any warranties or guarantees about the property's title.

Who is required to file illinois quitclaim deed from?

The party who is transferring their interest in the property (grantor) is required to file an Illinois quitclaim deed form.

How to fill out illinois quitclaim deed from?

To fill out an Illinois quitclaim deed form, you need to include the names and addresses of the grantor and the grantee, a legal description of the property, and the signatures of the grantor and any witnesses or notary public.

What is the purpose of illinois quitclaim deed from?

The purpose of an Illinois quitclaim deed form is to legally transfer the ownership of a property from one party to another party.

What information must be reported on illinois quitclaim deed from?

The information that must be reported on an Illinois quitclaim deed form includes the names and addresses of the grantor and the grantee, a legal description of the property, and the signatures of the grantor and any witnesses or notary public.