Illinois quitclaim deed from corporation to individual form
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- Quitclaim Deed - Page 1 -
This document prepared by (and after recording
return to): )
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) -------- Above This Line Reserved For Official Use Only------------- Name:
Firm/Company:
Address:
Address 2:
City, State, Zip:
Phone:
_______________________________
(Parcel Identification Number)
QUITCLAIM DEED
(Corporation to Individual)
KNOW ALL MEN BY THESE PRESENTS THAT:
FOR VALUABLE CONSIDERATION OF TEN DOLLARS ($10.00), and other good and
valuable consideration, cash in hand paid, the receipt and sufficiency of which is he reby acknowledged,
______________________________ , a Corporation organized under the laws of the state of
______________________ , hereinafter referred to as “Grantor”, does hereby convey and quitclaim unto
______________________________ ,
married unmarried, hereinafter “Grantee”, the following
lands and property, together with all improvements located thereon, lying in the County of
______________________, State of Illinois, to-wit:
Describe Property of State "SEE DESCRIPTION ATTACHED"
Prior instrument reference: Book ______, Page ______, Document No. ______, of the Recorder of
______________________ County, Illinois.
LESS AND EXCEPT all oil, gas and minerals, on and under the above described property owned
by Grantor, if any, which are reserved by Grantor.
SUBJECT to all easements, rights-of-way, protective covenants and mineral reservations of
record, if any.
TO HAVE AND TO HOLD same unto Grantee, and unto Grantee’s heirs and assigns forever,
with all appurtenances thereunto belonging.
Taxes for tax year ______ shall be
prorated between Grantor and Grantee as of the date selected
by Grantor and Grantee, or
paid by Grantee, or paid by Grantor.
IN WITNESS WHEREOF, this assignment was executed by the undersigned Assignor on this the
____ day of __________________, 20___.
- Quitclaim Deed - Page 2 -
IN WITNESS WHEREOF, this deed was executed by the undersigned on this the ____ day of
__________________, 20___.
{Name of Corporation}
__________________________________
BY: {Type Name]
TITLE:{Title with Corporation}
STATE OF __________________
COUNTY OF __________________
The foregoing instrument was acknowledged before me this ____ day of __________________,
20____ by __________________ (name of officer or agent, title of officer or agent) of __________________________________ (name of corporation acknowledging) a
______________________________ (state or place of incorporation) corporation, on behalf of the
corporation. ______________________________
Notary Public
(SEAL) Printed Name: __________________
My Commission Expires:
__________________
COUNTY – ILLINOIS TRANSFER STAMPS
EXEMPT UNDER PROVISIONS OF PARAGRAPH ___________________ SECTION 4, REAL
ESTATE TRANSFER ACT.
DATE: _________________________ _______________________________________
Buyer, Seller or Representative
- Quitclaim Deed - Page 3 -
Grantor(s) Name, Address, phone:
Grantee(s) Name, Address, phone:
SEND TAX STATEMENTS TO GRANTEE
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FAQs
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An Illinois Quitclaim Deed From Corporation To Individual is a legal document that allows a corporation to transfer its ownership interest in a property to an individual without providing any warranties. This type of deed is typically used when the corporation is transferring property to a shareholder or member. It's a straightforward way to convey property rights, making it essential for anyone involved in real estate transactions in Illinois.
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