Warranty Deed

WARRANTY DEED. This form is used in the State of Illinois to legally transfer ownership of real estate from one party (the grantor) to another (the grantee) while providing a guarantee that the grantor holds clear title to the property and has the legal right to convey it. The document outlines the parties involved, the consideration (amount paid), the legal description of the property, and the parcel identification number (PIN). It includes the physical address of the property and notes any exceptions such as existing taxes, easements, or restrictions. The grantor also waives any rights under Illinois Homestead Exemption Laws. The deed must be signed and sealed by the grantor(s), notarized, and then recorded with the appropriate county recorder’s office. A section is included to indicate where to return the recorded document and where to send the property tax statement after the transfer. www.FormsWorkflow.com