Mchenry County Gift Deed Form

Mchenry County Gift Deed Form
Fill in the blank form formatted to comply with all recording and content requirements.

Mchenry County Gift Deed Guide
Line by line guide explaining every blank on the form.

Mchenry County Completed Example of the Gift Deed Document
Example of a properly completed form for reference.
All 3 documents above included • One-time purchase • No recurring fees
Immediate Download • Secure Checkout
Additional Illinois and Mchenry County documents included at no extra charge:
Where to Record Your Documents
Walk-In: Administration Building
Woodstock, Illinois 60098
Hours: 8:30am to 4:30pm M-F
Phone: (815) 334-4110
Mail-To: McHenry County Recorder
Woodstock, Illinois 60098
Hours:
Phone:
Recording Tips for Mchenry County:
- Ensure all signatures are in blue or black ink
- Bring your driver's license or state-issued photo ID
- White-out or correction fluid may cause rejection
- Verify all names are spelled correctly before recording
- Check that your notary's commission hasn't expired
Cities and Jurisdictions in Mchenry County
Properties in any of these areas use Mchenry County forms:
- Alden
- Algonquin
- Cary
- Crystal Lake
- Fox River Grove
- Harvard
- Hebron
- Huntley
- Lake In The Hills
- Marengo
- Mchenry
- Richmond
- Ringwood
- Spring Grove
- Union
- Wonder Lake
- Woodstock
Hours, fees, requirements, and more for Mchenry County
How do I get my forms?
Forms are available for immediate download after payment. The Mchenry County forms will be in your account ready to download to your computer. An account is created for you during checkout if you don't have one. Forms are NOT emailed.
Are these forms guaranteed to be recordable in Mchenry County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Mchenry County including margin requirements, content requirements, font and font size requirements.
Can I reuse these forms?
Yes. You can reuse the forms for your personal use. For example, if you have multiple properties in Mchenry County you only need to order once.
What do I need to use these forms?
The forms are PDFs that you fill out on your computer. You'll need Adobe Reader (free software that most computers already have). You do NOT enter your property information online - you download the blank forms and complete them privately on your own computer.
Are there any recurring fees?
No. This is a one-time purchase. Nothing to cancel, no memberships, no recurring fees.
How much does it cost to record in Mchenry County?
Recording fees in Mchenry County vary. Contact the recorder's office at (815) 334-4110 for current fees.
Questions answered? Let's get started!
Gifts of Real Property in Illinois
Gift deeds convey title to real property from one party to another with no exchange of consideration, monetary or otherwise. Often used to transfer property between family members or to gift property as a charitable act or donation, these conveyances occur during the grantor's lifetime. Gift deeds must contain language that explicitly states that no consideration is expected or required. Ambiguous language or references to any type of consideration can make the gift deed contestable in court.
A lawful gift deed includes the grantor's full name and marital status, as well as the grantee's full name, marital status, vesting information, and mailing address. Vesting describes how the grantee holds title to the property. Generally, real property is owned in either sole ownership or co-ownership. For Illinois residential property, the primary methods for holding title are tenancy in common, joint tenancy, and tenancy by the entirety. An estate conveyed to two or more unmarried persons is considered a tenancy in common, unless otherwise specified (765 ILCS 1005/1). A conveyance to a married couple vests as tenancy by entirety unless otherwise specified (765 ILCS 1005/1c).
As with any conveyance of realty, a gift deed requires a complete legal description of the parcel. Recite the source of title to maintain a clear chain of title, and detail any restrictions associated with the property. In Illinois, if the signer is not personally known to the notarial officer, a witness must acknowledge and sign the deed (765 ILCS 5/24). All signatures must be original.
In Illinois, most conveyances of real property are subject to a Real Estate Transfer Tax and require a Real Estate Transfer Declaration (Form PTAX-203). However, because a gift deed transfers real property from one party to another with no exchange of valuable consideration, this type of conveyance is exempt from the tax and does not require a declaration (35 ILCS 200/31-45e). Record the completed gift deed with the recorder's office where the subject property is located. Contact the same office to confirm recording fees and accepted forms of payment.
With gifts of real property, the recipient of the gift (grantee or donee) is not required to declare the amount of the gift as income, but if the property accrues income after the transaction, the grantee is responsible for paying the requisite state and federal income tax [1].
In Illinois, there is no state gift tax. Gifts of real property in Illinois are, however, subject to the federal gift tax. The person or entity making the gift (grantor or donor) is responsible for paying the federal gift tax; however, if the donor does not pay the gift tax, the donee (grantee) will be held liable [1]. For questions regarding state and federal tax laws, consult a tax specialist.
In accordance with federal law, individuals are permitted an annual exclusion of $15,000 on gifts. This means that gifts valued below $15,000 do not require a federal gift tax return (Form 709). Even so, donors should consider filing one for many gifts of real property [2].
This article is provided for informational purposes only and is not a substitute for the advice of an attorney. Contact an Illinois lawyer with any questions about gift deeds or other issues related to the transfer of real property.
[1] http://msuextension.org/publications/FamilyFinancialManagement/MT199105HR.pdf
[2] https://www.irs.gov/businesses/small-businesses-self-employed/frequently-asked-questions-on-gift-taxes
(Illinois Gift Deed Package includes form, guidelines, and completed example)
Important: Your property must be located in Mchenry County to use these forms. Documents should be recorded at the office below.
This Gift Deed meets all recording requirements specific to Mchenry County.
Our Promise
The documents you receive here will meet, or exceed, the Mchenry County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
Save Time and Money
Get your Mchenry County Gift Deed form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.
4.8 out of 5 - ( 4578 Reviews )
Diane G.
August 5th, 2022
easy to use
Thank you!
Jon W.
September 16th, 2021
Useless for me. My deed could not be pulled. After investigation, I got a copy online directly from WV for $3. No one but editors of this will ever see this. Shame.
Thank you for your feedback. We really appreciate it. Have a great day!
William A B.
May 20th, 2020
Good service...deed release form as required.
Thank you!
ROBERT P.
August 26th, 2022
Got what I needed
Thank you!
Bill S.
March 10th, 2021
Very convenient and reasonably priced service. Excellent. A++
Thank you for your feedback. We really appreciate it. Have a great day!
Michaela D.
February 27th, 2019
I purchased this form to add my boyfriend to the deed of our home. He owns his own business so he cannot be on our mortgage. The guide doesn't clearly explain adding a person rather than focusing on transferring during a purchase or selling of a home. For future, I'd recommend make a few different examples for those who are trying to use this for the other options a Quit Claim Deed is needed for.
Thank you for your feedback. We really appreciate it. Have a great day!
David R.
February 8th, 2024
Very straightfoward and simple process. The submission of my artifact was completed within a half hour. The best part for me was the coverage/service-area that it included my jurisdiction
We are delighted to have been of service. Thank you for the positive review!
Carol K.
October 8th, 2020
Amazing! That's all I can say. From the time I started the process to the time the deed was recorded was less than two hours! What a great, streamlined, seamless process
Thank you!
Marion Paul W.
January 31st, 2019
Quick service .Easy download.I ordered Quit Claim and should have ordered warranty deed. I will make it work
Thank you!
Sheila G.
September 11th, 2019
I was very pleased with the responses and quick access to info.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Betty A.
March 2nd, 2022
You've made it very easy to download the form I needed. Thank you.
Thank you!
Larry T.
July 28th, 2020
Ordered a 'Gift Deed' form The 'Example' form was most helpful. The actual form was very detailed, and seemed to 'cover all the bases'
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Maria M.
September 27th, 2023
The requested documents I needed were provided and also complete instructions on how to fill them out. I definitely will you this service again.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Michael G. S.
January 3rd, 2019
The process was quite easy, following the instructional guide. I have yet to find out if the deed was accepted, but your site was very user friendly.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Nancy J M.
August 22nd, 2021
Site is easy to navigate and forms are as described. Too bad there is no secure payment link service (PayPal, Apple Pay, etc. So after I verify charge has hit my credit card I will delete my Deeds.com account.
Thank you!