|
Illinois Special Warranty Deed Form |
The Illinois special warranty deed is a legal document that a Grantor (seller) shall offer to a Grantee (buyer). This deed provides only limited liability by the Grantor. This form is as effective as a “quit claim” deed yet not offering the warranty and protection of a general deed.
The document essentially states that the Grantor has done nothing, to impair or damage the property or the title. This would be the sum of the warranty. The Grantor is not obligated prove anything more. Once the document is executed, there will be no warranty, promise or legal protection for the buyer. Once the form is completed, it must be witnessed before a notary while submitting dated signatures.
How to Write
Step 1 – Grantor/Grantee Information – Submit the following:
- Name(s) of the Grantor(s)
- Seller’s Street address
- City
- State
- Indicate the Grantor’s marital status (check a box)
- Amount paid to the Grantor(s)
- AND
- The name(s) of the Grantee(s)
- Street address
- City
- State
- Grantee(s) check the applicable box
Step 2 – Property Information – Provide:
- Street address of the property
- City
- State
- Land Parcel information
- Name of the registry location where the original description of the property resides
- Book and page
- Property’s legal description
- Approximate square footage of the land
- Enter restrictions and/or any easements
Step 3 – Signatures –
- Grantee(s) and Grantor(s) must read and agree to the statements
- Grantor(s) name(s)
- Book and Page – the most recent previous deed
- Date transfer of ownership and signatures in dd/m/yy format
- Grantor(s) signature(s)
- Printed name(s)
- Date of signatures in mm/dd/yyyy format
- AND
- Grantee(s) signatures
- Printed name(s)
- Date signatures in mm/dd/yyyy format
Step 4 – Notarization –
- A notary must witness and record the parties signatures. The notary shall complete the remainder of the acknowledgement
