Real Estate Transfer Tax Ordinances

All data confirmed with municipalities April 2017. “Last update” field indicates date of most recent change from municipality.

Provided courtesy of ATG Member Agent

Prepared by Attorneys’ Title Guaranty Fund, Inc. (ATG)

County or Municipality Tax Amount Legal Reference Where to Purchase Stamps Exempt Stamp Required? Non-Compliance Penalties Party Liable for Payment Special Requirements Effective Date Pre-Transfer Inspection Required Notes
University Park
698 Burnham Dr.
University Park, IL 60466-2788
708.534.6451
www.university-park-il.com

Last Update: 02/08/2011
$1.00/$1,000 (round to nearest $1,000) University Park Ord. 755 Village Hall Yes. $25 Deed will not be recorded. Lien will be recorded. 1% interest per month and penalty of 10% of tax amount. Fine of $200-$1,000. Seller All sums due village must be paid. No personal checks. 11/10/1992 Yes. $250

none

County or Municipality Tax Amount Legal Reference Where to Purchase Stamps Exempt Stamp Required? Non-Compliance Penalties Party Liable for Payment Special Requirements Effective Date Pre-Transfer Inspection Required Notes
University Park
698 Burnham Dr.
University Park, IL 60466-2788
708.534.6451
www.university-park-il.com

Last Update: 02/08/2011
$1.00/$1,000 (round to nearest $1,000) University Park Ord. 755 Village Hall Yes. $25 Deed will not be recorded. Lien will be recorded. 1% interest per month and penalty of 10% of tax amount. Fine of $200-$1,000. Seller All sums due village must be paid. No personal checks. 11/10/1992 Yes. $250

none