Legal Question in Real Estate Law in Illinois

Historically, when the market was cruising along at "warp speed", and so many people were refinancing and buying homes, many banks would take a fair amount of time recording either deeds, or "releases" of mortgages.

The Cook County Recorder of Deeds generally records deeds and releases within a month from the time the documents are filed with their office. See www.ccrd.info to search your property's information in particular.

In this day and age with smaller banks going out of business and being absorbed by larger, more instititutionalized banks, there is no telling whether the banks processes will become better developed or suffer from contraction as banks cut back on employees and locations in general.

Something as simple as recording a document shouldn't take much time at all, but in light of difficulties in the economy and with banks in general, there is no predictability that the recording of documents will come easily or quickly.

Keep contacting your bank and ask them to complete their task!

There is no set or standard time limit. I've seen it peformed quickly, and other times i've seen it take months. If you would like more information about your real estate matters, please feel free to contact out office. 773-684-5730.

This reply does not constitute an attorney-client relationship, and is specifically limited by the information you have provided.

I've seen deeds recorded in days and deeds recorded in months! The longest I can remember offhand is about 13 months. However, usually title companies are given the task of recording deeds (assuming a closing is involved). Attorneys often record them when property is being quit claimed or placed in a trust (usually within a day or two). I'm not quite sure why the bank is recording the deed in this case.

Depends the kind of deed. If it's a release of mortgage, banks don't do this. They send the release to you and YOU must record it. Title companies used to but because they were accused of taking the recording fee at closing of the payoff and the release was then mailed to the borrower and the borrower recorded instead of delivering it to the title company and the title company never returned the collected fee, the title companies stopped doing it unless YOU deliver it to them.

If your talking another kind of deed, you need to be more specific. Banks typically only record mortgages and "trust deeds" which are like mortgages; otherwise it's not their issue.