Oak Lawn Real Estate Transfer Tax Form printable pdf download

INSTRUCTIONS:

This form must be filled out completely, signed by at least one of the grantors (sellers) or their agent, faxed to: Property Maintenance

Dept. at (708) 499-7823 for approval and presented to the Finance Dept. cashier’s window, 9446 So. Raymond Ave., Oak Lawn,

Illinois, 60453 or other designated agent, at the time of purchase of real estate transfer stamps as required by the Oak Lawn Real Estate

Tax Ordinance along with a copy of the final water bill paid receipt for separate meter dwelling or properties. The stamps must be affixed

to the deed, and this form attached, when the title is recorded.

)

The full actual amount of consideration of the transaction is the amount upon which the tax is to be computed. Both the full actual

consideration of the transaction and the amount of the tax stamps required must be stated on the declaration.

) In cases involving an intermediary buyer, nominee or "straw man," one declaration form must be prepared for each deed that is to be

recorded. One of these transactions may be exempt under Section 3-2-7F of the Village Code.

) For additional information, please call the Finance Department at (708) 499-7780, Monday through Friday, 8:30AM to 5:00 PM.

) IT IS THE SELLER'S OBLIGATION TO MAKE ARRANGEMENTS FOR FINAL WATER BILL PAYMENT PRIOR TO

VACATING THE PROPERTY. SELLER MUST CONTACT WATER BILLING AT (708)499-7762 FOR AN APPOINTMENT, AND

MEET THE WATER METER INSPECTOR FOR FINAL READING. MAKE PAYMENT VIA, CASH OR CHECK AT THE

DESIGNATED TIME, UNLESS THE SALE IS A CONDOMINIUM UNIT WHICH IS NOT NECESSARY.

Address of Property _____________________________________________________________________Unit #___________________

Permanent Property Index Number _________________________________________________________________________________

Date of closing __________________________________________________Type of Deed____________________________________

Full Actual Consideration (Include amount of mortgage and value of liabilities assumed

)

_____________________________________

Amount of Tax ($5.00 per $1,000 or fraction of a thousand round to next highest thousand

__________________________________

(PAYMENT MUST BE MADE BY CASH, VISA, MC, DISCOVER OR CERTIFIED CHECK, CASHIERS CHECK, MONEY ORDER OR ATTORNEY’S CHECK.)

Note: The Village of Oak Lawn, Oak Lawn Real Estate Transfer Tax Ordinance specifically exempts certain transactions from Taxation.

These exemptions are enumerated in Section 3-2-7F of the Village Code which is printed on the reverse side of this form. To claim one of

these exemptions, complete ·the appropriate blanks

below. Please attach a Xerox copy of the signed & notarized deed, also Xerox copy

of signed & notarized statement by Grantor/Grantee.

I hereby declare that this transaction is exempt from taxation under the Oak Lawn

Real Estate Transfer Tax Ordinance

Subsection

__________________________of Section 3-2-7F. (Choose from page 2).

Details for exemption claimed (explain)

_____________________________________________________________________________________________________________

We hereby declare the full actual consideration and above facts contained in this declaration to be true and correct

Grantor:

(Please Print)

(

Seller)

_____________________________________________________________________________________________________________

Name

Current Address

City, State, Zip Code

_____________________________________________________________________________________________________________

Seller’s Forwarding Address Required

Signature_______________________________________________________Date Signed_____________________________________

Seller or Agent or Attorney

Grantee:

(Please Print)

(Buyer)

____________________________________________________________________________________________________________

Name

Current Address

City, State, Zip Code

Oak Lawn Real Estate Transfer Tax Form

Related Articles

Related forms

Related Categories