Deeds.com Real Estate Deeds
Deeds.com Account
Sign In

Illinois - Rock Island County Gift Deed Forms

Express Checkout (Download)

Form Package
Gift Deed
State
Illinois
Area
Rock Island County
Price
$27.97
Delivery
Immediate Download

Payment Information

Included Forms

All Rock Island County specific forms and documents listed below are included in your immediate download package:


Rock Island County Gift Deed Form Page 1

Gift Deed Form - Rock Island County

Fill in the blank form formatted to comply with all recording and content requirements.
Included document last updated 6/10/2022

Rock Island County Gift Deed Guide Page 1

Gift Deed Guide - Rock Island County

Line by line guide explaining every blank on the form.
Included document last updated 7/15/2022

Rock Island County Completed Example of the Gift Deed Document Page 1

Completed Example of the Gift Deed Document - Rock Island County

Example of a properly completed form for reference.
Included document last updated 8/9/2022

Included Supplemental Documents

The Following Illinois and Rock Island County supplemental forms are included as a courtesy with your order.


Plat Act Affidavit Form (Illinois Document)


Plat Act Affidavit Guide (Illinois Document)


Completed Example of the Plat Act Affidavit Form (Illinois Document)


Notarial Record Form (Illinois Document)


Illinois Real Estate Transfer Declaration (Illinois Document)


Supplemental Form PTAX 203-A (Illinois Document)


Supplemental Form PTAX 203-B (Illinois Document)


Certificate of Acknowledgment (Illinois Document)


Jurat (Illinois Document)


Homestead Exemption (Illinois Document)


Transfer Tax Payment Document (non recorded transfers) (Illinois Document)


Illinois Assessors Contact List (Illinois Document)


Frequently Asked Questions:

  • How long does it take to get my forms?
    • Forms are available immediately after submitting payment.
  • What are supplemental forms?
    • Often when a deed is recorded additional documents are required by Illinois or Rock Island County. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.
  • How do I get my forms, are they emailed?
    • After you submit payment you will see a page listing the Rock Island County forms you ordered with a download link to the pdf form file. You download the forms to your computer. You will also receive an email with a link to your download page in case you need it later.
  • What type of files are the forms?
    • All of our Rock Island County Gift Deed forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.
  • Can the Gift Deed forms be re-used?
    • Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Rock Island County that you need to transfer you would only need to order our forms once for all of your properties in Rock Island County.
  • Are these forms guaranteed to be recordable in Rock Island County ?
    • Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Rock Island County including margin requirements, content requirements, font and font size requirements.
  • Do I have to enter all of my property information online?
    • No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.
  • Can I save the completed form, email it to someone?
    • Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.
  • Do I need any special software to use these forms?
    • You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.
  • Are there any recurring fees involved?
    • No. Nothing to cancel, no memberships, no recurring fees.

Areas covered by these Gift Deed Forms:

  • Rock Island County

Including:

  • Andalusia
  • Barstow
  • Buffalo Prairie
  • Carbon Cliff
  • Coal Valley
  • Cordova
  • East Moline
  • Hampton
  • Hillsdale
  • Illinois City
  • Milan
  • Moline
  • Port Byron
  • Rapids City
  • Reynolds
  • Rock Island
  • Silvis
  • Taylor Ridge

What is the Illinois Gift Deed?

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

Our Promise

The documents you receive here will meet, or exceed, the Rock Island 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 Rock Island 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.

Customer Reviews:

4.8 out of 5 (3739 Reviews)


October 6th, 2022

Name: Donna W.

Review: Answered all of my questions and was very easy to use. I will use Deeds.com to do all of my real estate forms from now on. Thanks.

Reply from Staff on October 6th, 2022

Thank you!


October 6th, 2022

Name: Katherine M.

Review: Easy smooth process to get a legal Maine template - thanks for providing

Reply from Staff on October 6th, 2022

Thank you for your feedback. We really appreciate it. Have a great day!


October 6th, 2022

Name: Teresa T.

Review: amazingly fast! Thank you!

Reply from Staff on October 6th, 2022

We appreciate your business and value your feedback. Thank you. Have a wonderful day!


Name: Charles C.

Review: Easy to use, fast!

Reply from Staff

Thank you!


Name: John T.

Review: Great site, I was able to navigate with ease. We appreciate all those who contributed in making this possible

Reply from Staff

Thank you!


Name: Sue D.

Review: Great program

Reply from Staff

Thank you!


Name: GARY S.

Review: I thought your forms are great. Easy to use with instructions provided.

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!


Name: Justin F.

Review: Provided the template and guide I was looking for. Reasonable pricing,

Reply from Staff

Thank you!


Name: Elizabeth N.

Review: I love how easy it is to understand and complete.

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!


Name: Duane S.

Review: Really glad to find your site. Made filing so much easier.

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!


Name: XIN Y.

Review: Great e-Recording service. Fast and convenient! All done in the comfort of my home. Love it!!!

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!


Name: KELLY S.

Review: very happy. I will use you for all my needed documents thanks for being here

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!


Name: Patricia K.

Review: Able to find the information that I needed.

Reply from Staff

Thank you!


Name: Ebony L.

Review: Very pleased with deeds.com. I highly recommend them to anyone, from clueless beginners like myself to the more advanced. Thank you for simplifying this process.

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!


Name: Ronald W.

Review: Easy to use and very helpful

Reply from Staff

Thank you!


Deeds.com Real Estate Deeds

Use of Deeds.com Legal Forms. On our Site we make available for use self-help "fill in the blank" forms. If you use a form on our Site, you explicitly agree to our Terms of Use. You understand and agree that your purchase and/or use of a form document is neither legal advice nor the practice of law, and that each form and any applicable instructions or guidance is not customized to your particular needs, not guaranteed or warranted to be current, up to date, or accurate.

NO WARRANTY. Do It Yourself Legal Forms available on our Website are not guaranteed to be usable, correct, up to date, or fit for any legal purpose. Use of any Do It Yourself Legal Form from our website is done so AT YOUR OWN RISK.

If you use any Do It Yourself Legal Form available on Deeds.com, you agree that: TO THE EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL WE BE LIABLE FOR DAMAGES OF ANY KIND (INCLUDING, WITHOUT LIMITATION, LOST PROFITS OR ANY SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES) ARISING OUT OF OR IN CONNECTION WITH THE LEGAL FORMS OR FOR ANY INFORMATION OR SERVICES PROVIDED TO YOU THROUGH THE DEEDS.COM WEBSITE. TO THE EXTENT THE FOREGOING LIMITATION OF LIABILITY IS PROHIBITED, OUR SOLE OBLIGATION TO YOU FOR DAMAGES WILL BE LIMITED TO $100.00.

Nothing on this website should be considered a substitute for the advice of an attorney.

© DEEDS.COM INC. 1997 - 2022 ALL RIGHTS RESERVED | (330) 606-0119 | P.O. Box 5264, Fairlawn, OH 44334