Legal Question in Real Estate Law in Illinois
Warranty Deeds
Is a warranty deed prepared in Cook County Illinois considered 'legal' if it the transaction is not completed - i.e., the property registered at the Registry of Deeds office. i.e., if the person who transfers the property dies the next day after signing the Warranty Deed.
Asked on 6/01/07, 12:05 am
1 Answer from Attorneys
Joseph Michelotti
Michelotti & Associates, Ltd.
Re: Warranty Deeds
Transfer is "legal", if all of the statutory requirements for a deed are complied with. However, if another deed is recorded prior to this deed being recorded then the transfer may be void. Also if a lien is filed before that deed was recorded the transfer would be subject to that lien.
email me if you have any other questions.
Answered on 6/03/07, 10:34 pm
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