You won’t have to collect vast information and do a time-taking title search. In Illinois, a quitclaim deed is used to transfer real estate property to family members or close friends.Īs it does not provide any warranty about the grantor and title, it is a relatively quick process. Illinois quit claim deed is a legal document that acts as proof when real estate property is transferred from the grantor to the grantee. It is a quick process, and the property is transferred immediately.įollowing are the components that need to be incorporated in this form template:

This is where a quit claim deed Illinois can be handy. This is specifically the case when you are transferring ownership to your family members or business partners. Sometimes, going through the whole procedure for the transfer of property in Illinois seems tedious.