Illinois Quitclaim Deed
ILLINOIS QUITCLAIM DEED
I. Recitals
WHEREAS, Grantor is the legal owner of the real property located at [Property Address], County of [County Name], State of Illinois, more particularly described as follows: [Property Description]; and
WHEREAS, Grantee desires to acquire all of Grantor's right, title, and interest in and to the above-described property;
NOW, THEREFORE, in consideration of the mutual covenants herein contained and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:
II. Transfer of Interest
Grantor hereby remises, releases, and forever quitclaims unto Grantee, all the right, title, interest, and estate which Grantor has in and to the above-described property, including but not limited to any appurtenances thereto.
III. No Warranties
It is expressly understood and agreed that this Deed is a Quitclaim Deed and does not include any warranties or guarantees of title, either express or implied, including but not limited to warranties of merchantability or fitness for a particular purpose. Grantor makes no representations as to the condition of the property or any liens or encumbrances affecting the property.
IV. Consideration
In consideration of the sum of [Amount] Dollars $[Numerical Amount] paid by Grantee to Grantor, the receipt and sufficiency of which are hereby acknowledged, Grantor hereby quitclaims the above-described property to Grantee.
V. Legal Description
The legal description of the property subject to this Deed is as follows: [Legal Description]
VI. Acceptance
Grantee acknowledges receipt of this Deed and accepts the same as a Quitclaim Deed, understanding the nature of this transfer and the absence of warranties.
VII. Further Assurances
Grantor agrees to execute and deliver such further documents and assurances as may be reasonably required by Grantee to effectuate the transfer of title contemplated herein.
VIII. Successors and Assigns
This Deed shall be binding upon and inure to the benefit of the Parties hereto and their respective heirs, executors, administrators, successors, and assigns.
IX. Governing Law
This Deed shall be governed by and construed in accordance with the laws of the State of Illinois.
IN WITNESS WHEREOF, Grantor has executed this Quitclaim Deed as of the date first above written.
[Your Name]
[Your Address]
[Grantee's Printed Name]
[Grantee's Address]
STATE OF ILLINOIS
COUNTY OF [County Name]
On this [Date], before me, a Notary Public in and for said County and State, personally appeared [Your Name], known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged that [he/she/they] executed the same as [his/her/their] free and voluntary act and deed, for the uses and purposes therein set forth.
[Notary Seal]
Notary Public Printed Name: [Notary Public Printed Name]
My Commission Expires: [DATE]
