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Home Real Estate Quitclaim Deed Illinois

Illinois Quitclaim Deed Form

Updated August 10, 2023 | Legally reviewed by Susan Chai, Esq.

An Illinois quitclaim deed is a document that a property owner (the grantor) uses to pass property to another person (the grantee) easily. The deed does not guarantee that the property title is free and clear of any claims or liens. Instead, you need a warranty deed to transfer property with warranties as to ownership and right to transfer, which helps the grantee determine exactly what interest and rights they are receiving from the transfer.

Laws & Requirements

Statute: 765 ILCS 5/10 (Conveyances Act): The law requires deeds to include the language “convey and quit claim” and not “grant,” “bargain,” or “sell.” If you’re preparing the Illinois quitclaim deed, enter the property description just as it appears on the previous deeds. If you can’t find an old deed, check with the county recorder of deeds where the property is located. They can tell you where to get a copy of an earlier deed.

Signing Requirements: 765 ILCS 5/20: The grantor must sign the Illinois quitclaim deed form in the presence of a notary. The document must be notarized.

Recording Requirements: Upon completing, signing, and notarizing the quitclaim deed, file it with the County Recorder’s Office in the county where the property is located.

Transfer Tax: Yes, unless the transfer is exempt (any transfer of property under $100). The amount is calculated based on the value of the property being conveyed (35 ILCS 200).

Additional Documents: If a transfer tax is due, Form PTAX-203, Real Estate Transfer Declaration, must be completed and signed by the grantor, grantee, and preparer and then filed either on paper or online.

Sample

Below is an example of what an Illinois quitclaim deed looks like.

Illinois Quitclaim Deed

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Illinois Quitclaim Deed

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