Building DepartmentBUILDING DEPARTMENT SERVICES
Transfer Stamps
Village ordinance requires the seller of property located within the Village limits to purchase transfer stamps. These stamps are required for the seller to transfer that properly to a new owner, and for a new deed to be recorded.
To purchase transfer stamps, you will need to fill out a two-part form available from the Building Department at Village Hall. A copy of the signed and dated sales contract is required when purchasing transfer stamps.
Information includes:
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address of the property being sold
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property index number (the tax ID number)
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type of deed you are conveying to new owner (warranty, special warranty, trust, deed, quit claim, etc.)
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name and current address of both buyer and seller
- seller's signature (seller's agent or attorney may sign for the seller) The fee is based on $5.00 per $1,000 of the purchase price. (Effective 8-15-95)
Effective April 1, 2008, the Village of Park Forest will only accept the following forms of payment for transfer stamps:
The Building Department will verify the information on the Transfer Declaration Form. Stamps are generally purchased by the seller a day or two before the closing is scheduled.
To process an exempt stamp, please provide:
- The original, fully executed deed
- The deed must have an exemption clause, listing the paragraph and section number of the Property Tax Code as to why the transaction is exempt
- The completed Village of Park Forest Transfer Declaration Form
- Notarized grantor/grantee statement
- Illinois P-Tax form may be required
- $15.00 processing fee (effective 1-1-2000)
If you have any questions about the transfer stamp program,
please call the Building Department at (708) 503-7703.
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