Products tagged with 'illinois real estate form'

Transfer title of an Illinois real estate property to a new owner with this easy-to-use Special Warranty Deed form.

What is a special warranty deed?

A special warranty deed is a means of conveying title to a property, under which the seller (called the grantor) warrants or guarantees the title only against title defects that arose during his/her ownership of the property, but not against title defects existing before that time.

Special warranty deeds are commonly used:

• by executors and trustees to transfer estate property to a beneficiary,
• in commercial transactions, and
• in foreclosures.

Exceptions

The grantor transfers title to the buyer (called the grantee) subject to current taxes and assessments, easements, encumbrances, liens and liabilities.

Waiver of Homestead

The grantor waives and releases any homestead exemption rights in the property.

Format and Jurisdiction

This Special Warranty Deed form is a downloadable legal document in MS Word format. It is intended for use only in the State of Illinois.

Attach this free Certificate of Zoning Compliance Rider to the Sales Contract for the purchase or sale of real estate property in the State of Illinois.

• The Rider deals with the issuance of a compliance certificate from the city in which the property is located.
• The seller is obligated to obtain the zoning compliance certificate. If a certificate cannot be obtained, the parties are no longer obligated to complete the sale.
• This free Illinois Certificate of Zoning Compliance Rider to Real Estate Contract form is downloadable and easy to use.

Transfer your interest in a real estate property in Illinois with this easy-to-use Quitclaim Deed.

• Under the Quitclaim Deed, the transferor conveys all of its interest in the property to the transferee but does not provide any warranties regarding the property.
• This form of Deed is often used to remove one spouse's name from title following divorce proceedings.
• This legal form template is provided in MS Word format and is easy to download, fill in and print.
• Intended for use only in the State of Illinois.

Transfer your interest in a real estate property to a trustee with this Illinois Warranty Deed in Trust.

• The Warranty Deed is made in connection with a land trust agreement between the seller (the grantor) and the trustee.
• The trustee is given full power and authority to manage, improve, protect, subdivide, and lease the property.
• The grantor releases all of its interest in the property to the trustee.
• This document should be recorded with the appropriate land title office.
• The form is available in MS Word format.
• Intended to be used only in the State of Illinois.

Draw up a Land Trust Agreement for land in Illinois with this downloadable template.

• A land trust is a method of real estate ownership in which a trustee holds legal title to the real estate.
• The trust's beneficiaries have full power to dispose of the property and complete control over its management.
• The beneficiaries' rights and powers pass to their executors upon their death, and do not form part of their estate.
• The beneficiaries have the right to revoke, alter or amend the trust agreement on written notice to the trustee.
• The beneficiaries are responsible for filing tax reports and paying all real estate taxes and charges on the property.
• Available in MS Word format and fully editable.
• Intended for use only in the State of Illinois.