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IL SB0046

Bill

Status

Engrossed

3/10/2021

Primary Sponsor

Jason Barickman

Click for details

Origin

Senate

102nd General Assembly

AI Summary

  • Amends the Conveyances Act Section 8 to establish a statutory form for special warranty deeds in Illinois

  • Specifies that words "grant," "bargain" and "sell" in fee simple deeds create an express covenant that the grantor owns an indefeasible estate free from encumbrances done or suffered by the grantor, except reserved rents and services

  • Provides a substantially standardized special warranty deed form that includes grantor and grantee names, property description, county, legal address, permanent index number, and known encumbrances

  • Requires deed forms to include a 3½ by 3½ inch blank space for recorder use and typed/printed party names below signatures, though non-compliance does not invalidate the deed

  • Special warranty deeds convey fee simple title with three specific covenants: grantor's lawful ownership and power to convey, freedom from grantor-caused encumbrances (except reserved rents and services), and warranty against claims through the grantor only

Legislative Description

SPECIAL WARRANTY DEEDS

Last Action

Rule 19(a) / Re-referred to Rules Committee

6/2/2021

Committee Referrals

Rules6/2/2021
Judiciary - Civil4/28/2021
Rules3/11/2021
Judiciary2/9/2021
Assignments1/29/2021

Full Bill Text

No bill text available