Illinois General Assembly - Bill Status for HB4698

Amends the Counties Code. Provides that when a quitclaim deed is recorded or filed on any property (instead of on any property within a county with a population of 3,000,000 or more), the recorder of deeds must send by certified or registered mail, return receipt requested, a notice (instead of mail a notification postcard) to any party with an interest of record in the property (instead of to the previous owner of record) at the most current address listed for the party on the property record in the recorder's office (instead of the address listed for the party on the property record in the recorder's office) or as listed on the most current tax bill of property taxes for the property. The notice (instead of postcard) must state that a newly recorded quitclaim deed has been filed on the property, and must state the date of the new recording, the address of the recorder's office, and any other information deemed necessary by the recorder. Provides that the recorder must notify all parties with an interest in property if there is recorded or filed a quitclaim deed to a parcel of property. Amends the Conveyances Act. Provides that the grantor, the grantee, or any person who possesses an executed quitclaim deed must record the deed in the office of the recorder within 7 days after the deed is executed and the person who records the deed shall pay all fees charged by the recorder for sending certified notices to all parties with an interest of record in the property.

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