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Home My WebLink AboutPacket - 12/11/2017 - Community Development Committee 1 � MCHenr Community Development Committee McHenry Municipal Center 333 S Green Street McHenry,IL 60050 December 11, 2017, 7:00 PM AGENDA 1. Call to Order 2. Roll Call 3. Public Comment: Any person wishing to address the Committee will be asked to identify themselves for the record and will be asked but are not required to provide their address. Public comment may be restricted to three-minutes for each individual speaker. Order and decorum shall be maintained at public meetings. 4. Discussion on a Real Estate Transfer Ordinance 5. Update on Code Enforcement Strategy 6. Review of 2017 Committee Topics and Proposed 2018 Committee meeting dates 7. Department updates 8. Motion to adjourn the meeting r Department of Community& Economic Development Ross Polerecky, Director McHenry Municipal Center 333 Green Street McHenry, Illinois 60050 M C, ce n r Phone: (815)363-2182 Fax: (815) 363-2173 rpolerecky@ci.mchenry.il.us Community Development Committee Agenda Supplement DATE: December 11, 2017 TO: Community Development Committee FROM: Ross Polerecky, Director of Community Development RE: Discussion on a real estate transfer ordinance Attachments: Article on Real Estate Transfer Ordinance, List of municipalities with a Real Estate Transfer Ordinance At the August 2017 Community Development Committee meeting a schedule of topics was presented for the year, this month's topic of discussion is a Real Estate Transfer Ordinance. A real estate transfer tax or stamp is a tool municipalities use to keep track of real estate transactions that occur within a jurisdiction. There are many reasons a municipality might want to track these transactions to include the following: • Updating records with most current property owners • Tracking rentals and investment properties • Outstanding payments (water bills) • Property maintenance • Revenue source Many efforts are currently happening within city hall to help obtain some of these results without a transfer ordinance. A rental registration program has been implemented to help track the city's rental stock. This has been very successful with over 2300 landlords currently registered with the city. Another item that has recently been implemented is working with the water-billing department to identify new ownership when water-billing accounts are open. This has been a struggle in the past due to two different department software programs, however with the input of multiple employees an efficient way of transferring data between 9 Department of Community& Economic Development Ross Polerecky, Director McHenry Municipal Center 333 Green Street McHenry, Illinois 60050 M ci, e n r Phone: (815) 363-2182 Fax: (815) 363-2173 rpolerecky@ci.mchenry.il.us departments has been put in place. With these efforts we have also been able to help with overdue payments by not issuing building permits if a water bill is overdue or a shut off has occurred. Real Estate Transfer Ordinances are often used as a source of revenue. This revenue typically goes into the General Fund but can be earmarked for specific uses; affordable housing and open space preservation are examples. Currently there are no Municipalities within McHenry County that have a Real Estate Transfer Ordinance except McHenry County. McHenry County charges $0.25 per $500 of sale price. This tax is a responsibility of the seller. The City of McHenry currently has access to the McHenry County Recorder's Office to see documents of the most recent sales. Attached is an article from that does an excellent job of explaining a Real Estate Transfer Ordinance and how it can be used. The article also goes into some of the struggles a municipality tends to run into during the process of trying to pass an ordinance. Also attached is a list of communities from Cook and surrounding counties that currently utilize a Transfer Stamp Ordinance. This list also includes the amount of the fee and who is responsible for the fee. The purpose of this discussion is to obtain feedback from the Committee as to whether staff should proceed with the development of a Real Estate Transfer Ordinance. Real Estate Transfer Taxes-PolicyLink Page 1 of 12 Print This Page I Download PDP What Is It? Real estate transfer taxes(RETTs)(also known as"real property transfer taxes")are state, county, and/or municipal sales taxes most often used as general revenue. However, RETTs, can be devoted to specific uses such as affordable housing development or open space protection. When RETTs are used to provide affordable housing or other community benefits to neighborhoods receiving an influx of investment, they can be a powerful form of value recapture, raising additional revenue as investment bolsters land value, because they are usually based on the sales price, and paid every time a property is sold. Florida, with its vibrant real estate market, forecasts$1.67 billion in revenue from its transfer tax in 2002-2003.Approximately 14.8 percent of its receipts, or$249 million, will be dedicated to state and local housing trust funds. Equitable development advocates embrace RETTs because they mitigate the very activities that can lead to displacement-high- end real estate sales with rapid turnover. Last Updated.'January1003 "Many places call their transfer How To Use It? taxes"documentary stamp taxes"because the tax receipt is a stamp affixed to the documents before they are recorded. Real estate transfer taxes can be enacted at the state,county, and municipal level.They become part of closing costs, usually adding a nominal amount to the associated fees.They are sometimes called "documentary stamp taxes," because they require a "stamped" receipt of payment before the title transfer documents are recorded at a county clerk's office. Many states and localities already have a RETT on the books, but neighborhood advocates may want to increase it and/or redirect its use. For new and amended RETT ordinances alike, there are a j number of variables to consider: What's covered?Residential properties(single family and multifamily, owner-occupied and rental)are usually covered by RETTs. Vacant land, industrial, commercial, and retail properties may be included depending on the circumstances.Jurisdictional decisions are based on market trends. Sometimes, RETTs are littp://www.kintera.org/site/c.1kIXLbMNJrE/b.8016725/k.7F5B/Real_Estate Transfer Tax... 11/7/2017 Y � Real Estate Transfer Taxes-PolicyLink Page 2 of 12 used to encourage investment in certain properties, such as industrial developments that will create jobs. What is the tax rate?A RETT is usually applied as a percent of the sales price or as a set dollar amount per$1,000 of value of a sold property. New Jersey,for example, charges$1.75 per $500 of the first$150,000 of purchase price and an additional $.75 per$500 of any amount over$150,000.The level is usually a balance between raising sufficient funds to meet the goal for the RETT and the politically feasibility of such taxes. Exemptions.In order to avoid burdening low-income homebuyers, a RETT is often applied only to the amount of the purchase price above a certain threshold, such as$75,000. Use of the Revenues. RETTs usually go directly Into general revenue. But some or all of the money can also be targeted for specific uses. Affordable housing, schools, and open space preservation are some of the most common uses. New Jersey, for example, shares its revenue between the county where the sale took place and the state, with the bulk of the state's portion going to environmental protection and neighborhood preservation. RETTs are a very common way to fund housing trust funds. According to the Fannie Mae Foundation, 12 of the 37 state-level housing trust funds are funded by REfTs, and most of the large funds(over$10 million in revenues)get some of their income from REfTs. Who pays the tax?A RETT may be the responsibility of the buyer, the seller, or both jointly. In practice, the division of the tax is often negotiated at closing. In Ontario,Canada,first-time home buyers may apply for a land transfer tax refund up to$2000 if the home purchased Is a newly constructed home. Anti-Speculation Measures. RETTs are usually set low enough that they do not affect the market in any noticeable way. But sometimes RETTs are designed to damper speculation, purchases followed by rapid resale and steep price increases, with little or no actual improvement made to the property. Property"flipping" schemes also can employ fraudulent assessments of real estate value or inaccurate claims about the level of renovation. REITs can reduce the motivation for speculation in a few ways: • Tax rates can be based on the amount of time the property is held, with very high rates-high enough to affect profit-for properties held for six months or less. Rates then decrease until they reach a more usual, unobtrusive level after 3-6 years. Alternatively, a portion of the profit may be exempt from the tax, but only if a property has been held for a minimum period of time.These practices discourage speculation without penalizing long-term homeowners. • Taxes can also be based on the amount or increased price, and/or the percent of profit from sales.Thus, windfall profits with little investment would be taxed at a higher rate. The costs of http://www.kintera.org/site/c.IkIXLbMNJrE/b.8016725/k.7FSB/Real Estate Transfer Tax... 11/7/2017 Real Estate Transfer Taxes-PolicyLink Page 3 of 12 Improvements made to a property would be subtracted from the calculations of profit or sales price increase. In either case, to make sure only speculators pay higher tax rates, exemptions can be made for people over 65, new construction, emergencies,or homeowners In situations such as job loss or transfer, adverse change in income, recent divorce, new children, marriage, or death of a family member. Anti-speculation measures also make property-flipping scams less appealing and more difficult to carry out,since the enforcement agency will have records of sales that involve rapid ownership turnaround and large price hikes. Getting a RETT Passed Until 1966,there was a federal transfer tax on real property.When It expires,many states,like Maine,adopted one In Its place. Secure State Permission. Many states require municipalities to get state approval to pass a new tax.To approve a local RETT In one of these states,a jurisdiction must first make its case to the state, to get a "local option,"and then pass it locally.This can require a lot of work(and swift timing). In 1996, residents of Cape Cod, Massachusetts petitioned the state for permission to establish a RETT for conservation purposes. The state legislature approved a voter referendum, but by the time the RETT ordinance came to a vote,the opposition was well organized and the ordinance lost. Regarding states that require approval for a RETT,Jaimie Ross, affordable housing director of 1000 Friends of Florida, suggests that its most feasible for revenues to be shared between the state agencies and local governments. Ms. Ross brought together a coalition that created a bill to increase the state RETT in Florida and direct some of it to affordable housing(see Tool In Action). Ross says that once state-level players have something to gain from the proposal they will throw their weight behind it,giving it a much better chance of passage. Build a Coalition.As with any local ordinance,there are many Interest groups that might be supportive if they are reassured that the RETT will not harm their interests, or better yet, that it will benefit them in some way. Exemptions that protect long- time or low-income homeowners or agreements to use some of the revenue to fund homeownership(creating business for realtors) may be crucial to winning allies. To build a coalition like this, it is important to solicit input from all relevant stakeholders before the details of the ordinance are finalized. "Find out what everyone's bottom line is,compromise to meet their needs,and then don't break the integrity of that compromise,"says Ross. Stay Mobilized. RETTs, and the programs they fund,can come under attack In times of economic stress. Keeping the original coalition together,and keeping track of the good things the http://www.kintera.org/site/c.1kIXLbMNJrE/b.8016725/k.7F5B/Real Estate Transfer Tax... 11/7/2017 Real Estate Transfer Taxes-PolicyLink Page 4 of 12 money has funded, will be essential to maintaining the RETT as a dedicated source of funding for equitable development. Challenges Political Opposition "REALTORS need to be concerned,because these kinds of taxes are viewed as easy,"says Glenn Dorfman,executive officer of the Minnesota Association of REALTORS.'They don't hit everybody,just users,and In the case of real estate,Infrequent users." REALTOR Magazine Online,November 1,2002 The real estate industry tends to automatically oppose taxes affecting their industry. In fact, the website of the National Association of Realtors has an entire section devoted to REfTs, which includes a long list of links to news stories of realtors opposing and defeating RETT measures.They typically claim REITs will both make housing unaffordable and cause housing markets to stagnate. Foes like this will rally property owners of all sorts who are afraid of losing value and local officials who are afraid of discouraging investment. There are two responses to this. First, the alarmist statements about harming the market have never been proven.Jaimie Ross, who was a real estate attorney before joining 1000 Friends of Florida, calls the assertion of harm "unadulterated ridiculousness,"adding "there is not a real estate transaction anywhere-residential or commercial, low price or high-that has not happened because of the documentary stamp tax[Florida's REM,"she says. "I can say that unequivocally. It is never part of the decision to buy and sell.The only Issue is how are [buyer and seller]going to split it." Winning realtors over necessitates showing them how they will benefit. Using at least some of the money earned for homeownership programs, for example,directly increases their business. In Florida, the realtors' lobbyist recognized the potential of more homebuyers early on, and has been a firm supporter. Legislative Hurdles In some states, localities must jump through many hoops to pass new local taxes. Some states prohibit local governments from instituting new taxes without state approval,or without a yes vote from an extra-majority of voters(e.g. two-thirds approval).The legality of the tax may also be challenged in some states as an income tax, especially if sellers pay and there are anti-speculation measures. If a RETT is classified as an income tax, It might require voter approval. Administration of Anti-Speculation Measures http://www.kintera.org/site/c.IkIXLbMNJrE/b.8016725/k.7F5B/Real Estate Transfer Tax... 11/7/2017 Real Estate Transfer Taxes-PolicyLink Page 5 of 12 When a tax is gradated based on length of time of holding and/or profit received, the administration becomes much more complicated.The agency administering the tax needs to track the dates and prices when properties change hands,assess the value of improvements, and handle exemptions and appeals.This will cost more money and time,and generally makes these sort of measures unappealing to small jurisdictions. Making the formula for calculating the tax rate as simple as possible, and creating a standardized form used in all closings (to determine which tax rate applies)can make the record- keeping somewhat simpler. Case Studies It's All in the Details: Florida's Dedicated Revenue Source for Affordable Housing It came about because of ignorance. At least that's what Jalmle Ross, affordable housing director at 1000 Friends of Florida claims. When she arrived In Tallahassee in Summer 1991, Ross knew little about the politics and animosities surrounding funding for affordable housing. But she quickly found out all was not well. Ross's first goal on the job was encouraging local governments to implement their comprehensive plans and meet their affordable housing goals. But she was getting nowhere because it was lack of funds-rather than lack of will-that was holding the localities back. So Ross began to look into the question of funding, and she found two initiatives afoot. At approximately$15/person,Florida currently has the largest dedicated revenue source for housing In the country. The city of Tampa had for years been trying to win a "local option" bill that would give localities the right to pass their own real estate transfer taxes to fund affordable housing. Meanwhile,a different affordable housing funding bill had emerged from several housing industry groups who were participating In an ad hoc working group on affordable housing convened by Governor Lawton Childs . Ross talked to the sponsors of each bill, and each felt the other one didn't stand a chance. "I said these people need to come together,"she remembers. Building a Coalition Ross started by calling the Tampa city lobbyist, Cathy Bentancourt, who put her in touch with other affordable housing advocates. "Soon there were so many people coming to my meetings we couldn't hold them in our office," recalls Ross. "So I asked the home builders if we could have it at their office." The home builders said yes, but when Ross told Bentancourt littp://www.kintera.org/site/c.IkIXLbMNJrE/b.8016725/k.7F5B/Real Estate Transfer Tax... 11/7/2017 Real Estate Transfer Taxes-PolicyLink Page 6 of 12 about the new location, Bentancourt told her"Hell no!" The home builders, along with the Realtors, had taken the lead In defeating the Tampa local option bill over and over, and Bentancourt refused to show up if the meetings were at their offices. Ross had uncovered a deep mistrust in the housing world. "If I'd had that knowledge beforehand, I would've thought it couldn't be done,"she says. But having come this far,and seeing it as the only option to make some lasting change, she persevered. She found a meeting room on neutral ground -at the legislature - invited everyone, and sat back. "I was scared out of my mind,"she says. 'These were powerful people. No one knew who I was, but they knew each other. And they started hammering out a compromise bill." The coalition Included the Florida Home Builders Association, Florida Association of Realtors, Florida Association of Counties, Florida League of Cities, Florida Legal Services, Department of Community Affairs, Florida Housing Finance Corporation, Florida Impact, Florida Catholic Conference, and the Florida Housing Coalition. Their bill became the William E. Sadowski Act of 1992. It raised the state's real estate transfer tax(called the documentary stamp tax) by a dime, from 60 to 70 cents per $100. That increase was directed 30 percent to the state housing finance corporation, and 70 percent to be divided among the housing trust funds of 67 counties and 48 cities(the ones eligible for federal Community Development Block Grants). In 1995 another 10 cents per$100 of the revenue stream would be re-directed to the housing programs. Building a Compromise The Sadowski Act Coalition made the State Housing Initiative Program so detailed there was hardly any need for rule making to Implement it. Ross says the bill was successful because it spelled out a very specific program-the State Housing Initiative Program-that explained exactly how the money would be used. Each member of the coalition got some benefits and made some compromises In crafting the program's guidelines. For example, 65 percent of the money must go to homeownership programs-this was a compromise between the Realtors'goal of 100 percent and the low-income advocates'goal of no more than 50 percent.The home builders got a guarantee that 75 percent of the money would go to construction-related activities, and that participating local governments would expedite the permitting process for affordable housing. The low-income advocates got a requirement that at least 30 percent of the money would go to housing for very low-income people(under 50 percent of median income)and another 30 percent to low-income(under 80 percent of median), with the remaining available for projects for people up through moderate-income(under 120 percent of median). No exemptions to the tax at all were included - Ross says the prospect of negotiating them was far too complicated, and http://www.kintera.org/site/C.IkIXLbMNJrE/b.8016725/k.7FSB/Real Estate Transfer Tax... 11/7/2017 Real'Estate Transfer Taxes-PolicyLink Page 7 of 12 would've become a real "sticky wicket."So the coalition steered clear. The catalyst Program is delivered through the Florida Housing Coalition.It provides on site technical assistance,a hotline,and workships for local governments and nonprofits on every part of affordable housing. Within these parameters, the local governments have flexibility about how to use the money. It has been used for rehab work, foreclosure prevention, new construction,down payment assistance, and more. A strong accountability component is built in -the money must be"expended"within two years, and "expended"means a qualified person has actually moved In. The Sadowski Act also sets aside$350,000/year for the Catalyst Program, which provides training and technical assistance on all aspects of affordable housing to local governments-many of which had never received housing funding before the act was passed. It was these details and compromises that made the bill Politically feasible,"says Ross. The state housing finance corporation went to bat for the Act, since It stood to get 30 percent of the revenue. And the housing Industry lobbyists saw that in the end, the increased housing funding would be good for business. "Have your Realtor call my Realtor," Ross sometimes jokingly tells colleagues in other states who are facing Realtor resistance. Hanging on to Success Although the Sadowski Act has made Florida the envy of affordable housing advocates across the country for the past 10 years, in 2003 Florida housing advocates are facing a tough challenge. Governor Jeb Bush has proposed redirecting the transfer tax money and funding housing on an annual appropriations basis. This would seriously weaken the housing programs, and require a huge amount of energy to yearly lobby for funding. But the good news, according to Ross, is that the Sadowski Act Coalition has continued to meet every year since the act was passed to monitor its successes and advocate for continued affordable housing funding. Since the coalition Is still around, Ross thinks they can put up a good fight in the legislature. The years of accountability reports will also provide them with good data to make their case.After all, the reason the coalition is still together, says Ross, is because the housing program works. Success Factors Ingredients for Success Ask these questions about your program:What is the target population?What are acceptable activities?How can It benefit members of your coalition?What accountability measures are there? http://www.kintera.org/site/C.IkIXLbMNJi-E/b.8016725/k.7F5B/Real Estate Transfer_Tax... 11/7/2017 Real Estate Transfer Taxes-PolicyLink Page 8 of 12 Be specific about how the money will be used.Jaimie Ross,of 1000 Friends of Florida, says the biggest mistake she's seen in campaigns for RETTs is that"all they're trying to do Is get money and give It out to local governments." Communications should explain how the money will be used, and how programs will be held accountable. Such measures give potential allies something to rally around. It makes a REfT proposal seem less like another tax and more like a way to fund something specific and desirable. Get some real estate professionals on your side. In 1986, Block Island, Rhode Island, won permission from its legislature to set up a land trust and fund it with a real estate transfer tax.That same year, several other Rhode Island municipalities lost similar measures.The difference,according to a January 12, 2002 article in the Block Is/and Times, is that local real estate interests supported Block Island's proposal. illlnois and Cook County have RETTs that are charged to the seller,while Chicago's Is charged to the buyer. Maintain the integrity of compromises. In order to pass the Sadowski Act, a 1992 Florida law which increased the state RETT and directed a portion of it to affordable housing, low- income advocates had to lower what they considered an acceptable percentage of funds devoted to very low-income individuals. In turn, the realtors lowered their goal for percentage of funds directed to homeownership. "We'd rather have a smaller slice of the pie than a big slice of no pie,"says Jaimie Ross, who brought the various parties together for their first meetings. Once the coalition reached their agreement, neither side Independently tried to have the numbers adjusted In their favor. Ross says this consistency kept the coalition together even after the legislation was passed. Create Strong Accountability Standards.When devoting RET revenue to a particular use, create detailed guidelines as to how the money will be used and how expenditures will be documented and reported. Why Use It? Real Estate Transfer Taxes can: Increase Funding for Equitable Development. Affordable housing and other equitable development programs are difficult to fund. RETTs, however,can be easily designed to produce a dedicated source of funding for these programs. RETTs provide local matching funds for federal grants and leverage private funding. If a housing trust fund gets revenue from a REfT, for example, it can rely on a (fairly) littp://www.kintera.org/site/C.IkIXLbMNJrE/b.8016725/k.7F5B/Real Estate Transfer Tax... 11/7/2017 Real Estate Transfer Taxes-PolicyLink Page 9 of 12 predictable stream of income without being dependant on annual budget processes. Capture Investment Entering the Neighborhood. As new businesses, homeowners, and landlords move into gentrifying neighborhood, RETfs can capture a portion of that Investment and redirect it to programs that preserve what made the neighborhood attractive in the first place, while allowing long-time residents to benefit from reinvestment along with newcomers. Discourage Speculation. Aggressive speculation can throw an entire housing market out of balance. Reducing speculation stabilizes rents; home and apartment prices; and property taxes.The jurisdiction as a whole benefits through maintaining diversity and affordability of Its housing stock. DATA AND MAPS COMING SOON Download the Tool Resources 1000 Friends of Florida,Affordable Housing Program "Field Guide to Real Estate Transfer Taxes", National Association of Realtors http://www.kintera.org/site/c.1kIXLbN4NJrE/b.8016725/k.7FSB/Real Estate Transfer Tax... 11/7/2017 Real Estate Transfer Taxes-PolicyLink Page 10 of 12 "Real Estate Transfer Taxes', from financing Loca/Parks,Trust for Public Land. '"The New Jersey Realty Transfer Tax." American Lawyer Newspapers Group, Inc., NewJerseyLawJournal. June 21, 1999. "Real estate agents eye house rental tax", Read Kingsbury, 8/ock1s/and Times,January 12, 2002. "Homeowners and the New Land Tax". Michael Larkin, Hicksville Illustrated News August 20, 1999. Financing RETTs can be easily used for community benefits, and they are not very difficult to administer.And RETTs can raise significant sums. In Nassau County, New York,a RETT of 1%on real estate transfers over$500 was instituted in the face of a budget deficit,with an expectation of$50 to$60 million annually for the county from roughly$5 to$6 billion in sales. In 2000-2001, the state of Michigan collected$262,682,000from Its RETT, which it directed to the School Aid Fund. The level of revenue that a RETT creates depends primarily on: • the rate charged; • the types of properties covered;and • the level of real estate market activity. The amount generated for equitable development will also depend on how the revenue is allocated, and whether it Is split among several recipients. As a dedicated source of revenue, the main problem with RETTS Is their fluctuation within the housing market. Policy Working with states There are two approaches to working with states that have policies forbidding local municipalities to pass new taxes. The first is to petition the state for permission, sometimes called a "local tax option bill." The second is to mount a statewide campaign to create RETTs that are shared among localities. Going statewide involves a large number of interests and littp://www.kintera.org/site/c.1kIXLbNINJrE/b.8016725/k.7F5B/Real Estate Transfer Tax... 11/7/2017 Real Estate Transfer Taxes- PolicyLink Page 11 of 12 requires a great deal of coordination. Statewide efforts may not make sense if opposition is not expected. However, state level campaigns have the advantage of bringing in many allies, such as housing finance agencies, and can have a redistributive effect by collecting the tax from all areas of the state, including areas with more rapid growth. Tie RETTs to other tools RETTs are a perfect complement to a variety of affordable housing tools,,especially housing trust funds. Assigning some or all of the revenue from a RETT to a housing trust fund both ensures a dedicated source of funding for housing and makes the tax easier to pass in the first place, because the tax clearly addresses the broadly understood need for more housing. RETTs can also be tied to other housing programs, depending on the needs of a locality. Share Other groups, especially conservation and education proponents,are also looking to RETTs for funding. Forming coalitions and crafting policies that allocate revenues to other programs, can be an effective strategy in uncertain climates. Key Players • Affordable housing advocates and their constituents.A coalition to pass, increase, or redirect a real estate transfer tax will often start with lower income people, housing advocates,and others concerned about affordable housing and displacement. Employers concerned about the dispersion and displacement of some of their workforce,and other less usual affordable housing advocates should be included. • Real estate industry. Realtors and homebuilders will be involved in any RETT proposal.The only question is whether their involvement will be as bitter opponents or allies.To win them over, make sure that RETT funded programs have some clear benefit for the Industry's members. • Property owners. Property owners, especially low-or middle- income homeowners, are going to be concerned about how the tax will affect them. This is especially true if punitive anti-speculation measures are being considered. Education about the benefits the tax, along with considering carefully focused exemptions, can bring them on board. • State and local governments. Local governments are likely to be supportive of a new source of revenue as long as it will not be too politically costly. State governments'attitude can range from hostile to ambivalent to supportive, depending on the strength of the coalition,the political climate, on taxation in general, and whether the proposal Is a statewide measure that will bring funding to state agencies as well. http://www.kintera.org/site/c.ikIXLbMNJrE/b.8016725/k.7F5B/Real Estate Transfer Tax... 11/7/2017 Real Estate Transfer Taxes-PolicyLink Page 12 of 12 • Tax speclallsts are useful in advising on the structure of the tax and the implications of different options in both achieving the goal of reducing displacement and in putting together an effective coalition. Contact PolicyLink I Site Man i littp://www.kintera.org/site/c.1kIXLbN4NJrE/b.8016725/k.7F5B/Real Estate Transfer Tax... 11/7/2017 FrtstAmmican Transfer Stamp Requirement Listing T�'e Insw ace Compelgy Revised: 03.01.17 IN M-0-i ;Illinois* •$0.60 r$500 Seller Coun Recorder's Office • Grantor/Grantee form to complete for exempt118 N.Clark St#120 (312)443-5086 k County' •$025 per$500 transaction SellerR uired to use EZDec on line r ramChicago,IL 60602 www.ccrd.info/CCRD�i 031findex.isoKalb • $0 25 per$500 • Seller 110 E.Sycamore St (815)895-7156 more;IL 60178 www n Du Page 421 N.County Farm (630)682-7200 Cou • $025 per$500 • Seller Wheaton.IL 60187 www.co,duDaaejI.uj Grundy 111 Washington St (815)941-3215 County* • $025 per$500 Seller Morris IL 60450 www Kane County' • $025 per$500 0 Seller 719 S.Batavia Ave (630)232-5935 Geneva.IL 60134 wwwcou-ntvolkaneom Kendall 111 W.Fox St (630)553-4112 Co • $0.25 per$500 • Seller Yorkville,IL 60560 www.co.kendall.lius Lake County' • $0.25 per$500 • Seller 18 N.County St (847)377-2575 Waukeqan.IL 60085 www.lakecovntvil.aov LaSalle • $025 per$500 707 Etna Rd-Room 269 (815)434-8226 County' Seller Ottawa IL 61350 www.lasanecountv.orci McHenry 2200 N.Seminary Ave (815)334-4110 (815)338-2040 Ext.115 Coun • $025 per$500 • Seiler Woodstock.IL 60098 www m it Will County' • $0.25 per$500 Seller 302 N.Chicago St (815-740-4W) Joliet,IL 60431 www will r m • Certificate of Sewer Compliance required-call 630-693-7530 2 weeks prior to dose • Stamp$2.50 per$1,000 • Final water meter reading-call 630-693-7570 24 prior to dose • $50 Exempt stamp required hours p One Friendship Plaza (630)693-7530 Addison . Final water bill must be paid • Buyer required to make 2 trips to village: Buyer Addison,IL 60101 www.addisonadvantaoe.oro • $0-Sewer inspection 1.To complete application to establish water and sewer prior to dose. 2.To provide PTAX and copy of deed for stamps . Permit release required call to verify) Algonquin • No city stamps • 2200 Hamish Drive (847)658-2700 • Final water bill must be paid AJgonquin,IL 30102 www.alaonouin.com .Transfer forth required-available online • Stamp$3.50 per$1,000-$100 . Provide village copy of contract signed by both Alsip minimum parties and indicating sales price,address,&PIN Seller 4500 West 123rd St (708)385-6902 • $15 Exempt stamp required •Seller must be at home for final water meter Alsip,IL 60803 www.villaaeofalsio.om • Final water bill must be paid reading • No personal checks Arlington • No city stamps 3435 N.Kennicott Ave (847)368-5000 Heights • Final water bill must be paid Arlington Heights,IL 60004 www.-yah.com •Stamp$3.00 per$1.000 •Transfer forth required-available online (630)256-3570 • $0 Exempt stamp required • Seller request Statement of Open Accounts(water 44 E Downers www•a innancane l.oro Aurora' . Final water bill and all other village bilq-contact village 5 days prior to dose to obtain. Seller Aurora IL 60507 (dick Fie on left then Revenue debts to be paid (630)256-3600 &Collection) Fox Metro: 630-892-4378 Barrington •No city stamps • 200 S.Hough St (847)304.3400 • Final water bill must be id Barrington,IL 60010 www Fi 1 First American will obtain stamps All transfer information is believed accurate. However,contact the taxing body directly for confirmation • 1 of 18 Fi stAmmican Transfer Stamp Requirement Listing Tale Insra�aca°Compat�p Revised: 03.01.17 ', - �i w'T: .q� 4 ;¢ yak• •.�3,-_ E 4t�e x h •Transfer form required-available online •Stamp$3.00 per$1,000 . Provide village PTAX and copy of deed or sales (630)540-5950 Bartlett • $0 Exempt stamp required contract for stamps Seller Bar S.tlett Main IL 60103 www.villaoe.bartlett.il.us • Final water bill must be paid • Complete Vacant Building Registration Form and Bar (under Village Forms) inspection if REO property • No city stamps 100 N.Island Ave (630)879-1424 Batavia - Final water bill must be id • Need to provide buyer's name Batavia,IL 60510 www ' vi • $25 Zoning Inspection and Certification • Submit zoning application 10 days prior to dose. 11270 W.Wadsworth Rd (847)246-6006—Donna Perez Beach Park •$100—Inspection fee for property Contact Village to obtain application Seller Beach Park,IL 60099 www.viflaaeolbelchoark.com vacated for 6+months •All village debts must be paid • Stamp$50 flat fee .Transfer form required—available online 6701 South Archer Rd (708)458-2067 Bedford Park • $0 Exempt stamp required Inspection required-no fee(call to schedule) Seller Bedford Park IL 60501 www.villaaeofbedfordoark.com •Water bills must be paid • Home ins on by village • Stamp$5.00 per$1,000(obtained prior to dose) . Provide village original deed,contract,and survey • Stamp$10.00 per$1000(obtained for stamps 7-3500 Bellwood after dose) •Transfer form required&obtained when final water Seller Bell Washington Blvd (ww.54bellwo •$10 Exempt stamp required bill is paid Belhvood,IL 60104 www.vil.bellwood.il.us • $175 inspection •Allow 7 days for inspection • Final water bill must be paid • No stamps required Bensenville -All village debts must be paid 0 NSA 12 S.Center St (630)766-8200 • $55—Inspection fee if property Bensenville,IL 60106 www.bensenville.iLus vacated 120+days • Provide village original deed for stamps • Stamp$300 flat fee(covers home •Cash or certified check only 5819 Electric Ave (708)449-8840 Berkeley and sewer inspections) . Home and sewer inspections required and ONLY Seller •All village debts must be paid performed on Mondays. Berkeley,IL 60163 www.berkeley.il.us •Allow 14 days for inspections • Stamp$10.00 per$1,000 .Transfer form required-available only at village • $100 Exempt stamp required hall • $50 Inspection . Provide village PTAX and original deed for stamps 6700 W.26th St (708)788-2660 Berwyn • $75 Inspection for 2 flat Seller • $125 Minimum inspection fee for •Call Water Dept 5 days prior to dose. (708)788 Berwyn,IL 60402 www.berwyn-it.00v 2660 x6464 commercial(based on sq.footage) . No personal checks • Final water bill must be paid Bloomingdale - No city stamps required 201 S.Bloomingdale Rd (630)893-7000 • Final water bill must be paid Bloomingdale.IL 60108 www.villaoeofbloominadale.ora • No city stamps required • $100 Inspection SRR,condo, •Complete Notice of Intent to Sell application Blue Island townhome . Final water meter reading required Seiler 13051 S.Greenwood Ave (708)597-8606 • Inspection fee for other property •Certificate of Closing will be issued upon Blue Island,IL 60406 www.blueisland.oro Wes vary,contact village. completion of all requirements •All village debts must be paid First American will obtain stamps All transfer information is believed accurate. However,contact the taxing body directly for confirmation 2of18 •.1 .•1 SIC, ' Hr&Am&i= Transfer Stamp Requirement Listing Title Insurance Company Revised: 03.01.17 Aw- ,. £ ' amp"- , ors. ` �: Otfiec * P 13oAd `T±etepflone°l�bs+te xr, g - . • Stamp$7.50 per$1000 • Provide deed,PTAX to obtain stamps Bolingbrook• -All village debts must be paid- • Residential Transfer&Information form required— Split 375 Briarcliff (630)226-8430 clearance letters valid for 5 days available online Bolingbrook.IL 60440 www.bolinabrook.com • $50 Exempt stamp required • Call village for final water meter reading •$175 certification of compliance • Provide original deed for village to affix stamp. stamp •Certification of Compliance stamp must be initialed • $100 or more Inspection depending by village clerk. Cannot record without 2350 S.25th Ave (708)681-3600 Broadview on •Certificate of O Seller property type Occupancy required Broadview.IL 60153 www.brookfieldil.aov • Final water bill and all other village • Final water meter reading required debts must be paid • No personal checks • $200Inspection Brookfield • Final water bill and all other village 0 Seller 8820 Brookfield Ave (708)485-73U debts must be paid Brookfield.IL 60513 www.villogsofbrookfield.com • Stamp$3.00 per$1,000 . Provide copy of deed and PTAX to obtain stamps 50 Raupp Blvd (847)459-2500 Buffalo Grove • $0 Exempt stamp required .Transfer form required—available online Seller Buffalo Grove,IL 60089 www.vba.om •All village debts must be paid • Final water meter reading required 72 hours prior to • Stamp$5.00 per$1,000-minimum closing call(708)424-6030 Burbank $100 •Transfer form required Seller Burbank,W.7L St www urban 00 - $0 Exempt stamp required • Provide village deed for stamps when exempt Burbnk IL 60459 www.burbankil.00v • Certified funds only • Stamp$5.00 per$1.000 • Provide copy of signed and notarized deed and Burnham • $0 Exempt stamp required contract to obtain stamps Buyer 14450 Manistee (708)862-9150 . Final water bill must be paid • Cash only for payment Burnham.IL 60633 htto://bumham.oausetime.com •Transfer form required • Stamp$8.00 per$1,000 to$2M > $4 Seller > $4 Buyer •Transfer form required-available online Calumet City 91-8110 • $0 Exempt stamp for Judicial Sales • Pick up stamps 48 hrs prior to closing Split Cal Wentworth www alumetci deed • Contact municipality for stamp rates over$2M. Calumet City,IL 60409 www.glumetcity.oro • $50 Exempt stamp required on SFR • Stamp$5.00 per$1.000 • $15 Exempt stamp required Calumet Park • $100 Inspection(Buyer charge) • Depending on inspection city may require a$2500 Either 12409 S.Throop (708)389-0851 • Inspection fee varies for other escrow to obtain stamps Calumet Park,IL 60643 www.calumemarkvillage.om properties,contact village • Final water bill to be paid • Stamp$3.00 per$1,000 - Provide sales contract and PTAX to obtain stamps (630)665-7050 •Transfer form required—available online 500 N.Gary Ave Carol Stream •$25 Exempt stamp required Seller (630)871-6222 Water Dept • Final water bill must be paid • Must schedule final water meter reading-2 day Carol Stream,IL 60188 www.carolstream.oro notice required • Final water meter reading 1200 L.W.Besinger Dr (847)551-3476 Carpenterswlle • No stamps required ng required Carpentersville,IL 60110 www.vil.carpenter-sville.il.us "First American will obtain stamps All transfer information is believed accurate. However,contact the taxing body directly for confirmation 3of18 ` FrstAmericau Transfer Stamp Requirement Listing Tittle Inswwce Company Revised: 03.01.17 OF K. , = Covemrng � I1+VeCse� •Stamp$3.00 per$1,000 .Transfer form required-available on-line •$0 Exempt stamp required 24555 S.Navajo Dr. (815)467-5311 Channahon . Final water and garbage bills must •gimps original deed and PTAX form to obtain Buyer Channahon,IL 60410 www.channahon.om be paid • Stamp$525 per$500 > $1.50 per$500 Seler •City transfer declaration form required(available at 121 N.LaSalle S.-Room 107 (312)747-4747 Chicago* > $3.75 per$500 Buyer FATIC offices) Both Chicago,IL 60602 www,citvofghicaoo.oro • $0 Exempt stamp required • $120 Zoning Certificate Chicago • $50 Water Certification .Water certificate required on exempt deeds as well. Seller • (First American fee for obtaining certificates-$7 • Stamp$4.00 per$1,000 •Transfer form required-available on-line Chicago • $0 Exempt stamp required 1601 Chicago Rd (708)756-5300 Heights • $100 Inspection • Provide village original deed for x m stamps Seller Chicago Heights,IL 60411 www.cltvofchicagoheiahts.org •An villa a debts must be id • Final water meter reading required • Stamp$10.00 per$1,000 •Transfer form required-available at village hall • $50 Exemptstamp • Provide village original deed for stamps p required 4949 W.Cermak Rd. (708)656-3600 Cicero . $50 Minimum inspection • Schedule inspection at least 30 days in advance of Seller Cicero,IL 60804 www.thetownofcicem.com • Final water bill must be paid closing •Villaae hall closed on Fridays Clarendon Hills • No stamps required • Final water meter reading required. WA 1 N.Prospect Ave (630)323-MO Clarendon Hilts,IL 60514 www.clarenclonhilISM • Stamp$5.00 per$1,000-$50 min. .Transfer form required-available on-lineCount Country $50 Exempt stamp required 4200 W.183rd St (708)798-2616 HiNs • $50 Inspection •Stamps issued by village between 8AM4PM only Seller Country Club Hills,IL 60478 www.countryclubhitls.oro •All villa a debts must be paid • No personal checks • Stamp$50 flat fee • $100 Pre-sale inspection •Transfer form required-available online • $0 Exempt stamp required 5550 East Ave (708)354-7270 Countryside •Water,Sewer and Weed Cutting • Provide village copy of deed for exempt stamps Seller Countryside,IL 60525 www.countnrside-il.org charges must be paid(receipt • Inspection not required for exempt deed reouired) Crystal Lake • No stamps required • Final water meter reading required 100 W.Woodstock St (815)459-2020 Crystal Lake.IL 60039 www II k r Darien • No stamps required • Call Du Page County Public Works for water bill 1702 Plainfield Rd (630)8525000 • Final water bill must be paid 630 985-2905 Darien.IL 60561 www.darien.il.us Deerfield • No stamps required • 850 Waukegan Rd (847)945-5000 •Final water bill must be paid Deerfield,IL 60015 www.deerlield.1f.ul DeKalb • No stamps required 200 South 4th St (815)748-2000 • Final water bill must be paid DeKalb.IL 60115 www I First American will obtain stamps All transfer information is believed accurate. However,contact the taxing body directly for confinnation 4of18 `• FitsfAmel ican Transfer Stamp Requirement Listing T"je jnsutaace Cvmperjr Revised: 03.01.17 s f{ &j t=—s Pally�k , .,.a ?. w • Stamp$2.00 per$1,000 •Transfer form required-available online • $10 Exempt stamp required •Original deed required for exempt stamps (847)391-5382 Des Plaines • $25 Inspection for rental or leased • Fax transfer form to village 5 days prior to dosing Seller 1420 Miner St—;#301 FAX(847)391-5402 property to obtain stamps. Des Plaines,IL 60016 www.desolalnesmg • Final water bill must be paid on ALL •Allow 5 days for water meter reading prior to transactions obtaininq stamps • Provide copy of deed and contract to obtain stamps • Stamp$5.00 per$1,000 in addition •Transfer form required Dolton to$50 Transfer Stamp •Schedule&pay for inspection with application in $eller 14014 Park Ave (708)201-3263 • $200 Inspection advance. Allow 5 days to complete. Dolton,IL 60419 www.vodofton.oro • $50 Exempt stamp required • Roof Certification-Roof Inspection by licensed roof inspector • No stamps required Downers •Contact Sanitation District(630)969-0664 ONLY for NSA 801 Burlington Ave (630)4345500 Grove • Declaration form and final payment final water meter reading Downers Grove,IL 60515 www.dowrners.us to Sanitation District •Transfer form required-available at village hall or • Stamp$25 flat fee can be faxed East Hazel • New Zoning Compliance form-Call village for form. 1904 W.174th St (708)798-0213 Crest • $0 Exempt stamp required $100 fee and must be completed before transfer Buyer East Hazel Crest,IL 60429 www.easthazelcrost.com •All village debts must be paid stamp will be issued • Final water meter reading required • Stamp$0 • Property search for code violations to be Elgin • Inspection of vacant properly acknowledged by buyer. 150 Dexter Ct (847)931 5639 •Transfer form required—available online Seller Elgin,IL 60120 www.citvofelkin.ora •All village debts must be paid . Final water meter reading within 5 days of closing •Transfer form required-available online • Stamp$3.00 per$1,000 (847)439-3900 Elk Grove • Final water meter reading—schedule 3-5 days 901 Wellington Ave Village • $10 Exempt stamp required before dosing Seller Elk Grove Village,IL 60007 www•elkarove.com •Afi village debts must be paid •Water/Sewer affidavit required—available online • Stamp$1.50 per$1,000 (630)530-3117 •Transfer form required-available online Elmhurst •All village debts must be paid • Sump pump inspection required Seller 209 N.York St. (630)530-3020 Sump Pump• $0—Sump pump inspection . Final meter reading required Elmhurst IL 60126 (630)530-3110 Water Reading • Stamp$5.00 per$1,000 .Transfer form required-available online • $35 Exempt stamp required 11 Conti Parkway (708)452-7300 Elmwood Park Final water bill must be paid • Inspection required prior to issuing stamps Seller• No personal checks Elmwood Park,IL 60707 www.elmwoodoark.ora • Stamp$5.00 per$1,000 •Village form required—available on line 2100 Ridge Ave. (847)448 4311 Evanston • $100 Exempt stamp required • Provide original deed AND 1 copy to obtain stamps Seller Evanston,IL 60201 www.i iWfevanston.ora •AD village debts must be paid • Final water meter reading within 5 days of closing • Stamp$5.00 per$1,000-$100 Minimum •Transfer form required—available on line (708)422-1551 Evergreen •$0 Exempt stamp required •Schedule water reading 630-547-5235 9418 S.Kedzie Ave Park •$50 Inspection •Schedule inspection 708-229-3333 Seller Evergreen Park,IL 60805 �^"^N•evemreennark-ill.com • $50 Zoning Compliance • No personal checks • Final water bill must be paid •First American will obtain stamps All transfer information is believed accurate. However,contact the taxing body directly for confirmation 5of18 • FiistAnwicaa Transfer Stamp Requirement Listing Title Iasu ww ComWaigy Revised: 03.01.17 e . - p31lYGovernBdf ' ephOn@ • No stamps required • Final water meter reading-bill will be mailed to 2800 Flossmoor Rd (708)798-2300 Flossmoor * See requirements seller at new address N/A Flossmoor,IL 60422 •$0 Exempt stamp • Property Inspection 1. $200-condo • Inspection request form—available online (708)366-2323 2. $300—single family Seller• City provides a letter and a compliance stamp 517 S.Des Plaines Ave Forest Park www.forestpark.net 3. After inspection,if property • Final water meter reading required at least 5 days Forest Park IL 60130 sold"as is"then additional prior to dose. (dick on Get A Building Permit) $100 fee required • Final water bill must be paid • No stamps required . Final water reading required. Final bill request form 66 Thillens Drive (847)587-2151 Fox Lake • No inspection required online(must be submitted 2 days prior to dosing) Fox Lake,IL 60020 www.lbxtake.org • Final water bill must be paid Fox River • No stamps required 305 Illinois St (847)639-3170 Grove • Final water bill must be aid 'All village debts must be paid Fox River Grove,IL 60021 f • Pre-sale inspection required(apply at the time of listing property for sale) • Final water meter reading scheduled 5 days prior to •40 Flat fee-single dwelling dose 9500 W Belmont 2nd Floor (847)671-4800 Franklin Park • $0 Exempt stamp • Documents required for sale of property, Seller Franklin Park,IL 60131 www.villaaeoffranklinpark,com • $75 Inspection-single dwelling 1. Original Plat of Survey no older than 6 months provided 3 days prior to dose 2. Original deed provided 3 days prior to dose 3. Receipt of payment of final water bill • Stamp$2.00 per$500 524 W.Stephenson.#300 (815)599-5819 Freeport .All villagedebts must be aid 'Transfer forth required—available online Seller Freeport IL 61032 www.ci.freeDort.il.us • Stamp$3.00 per$1000• $0 Exempt stamp required (630)469-5000 p •Transfer forth required-available online 535 Duane St. (630)547-5235—water reading Glen Ellyn • Final water meter reading 5 days prior to dose. Seller •$50 Inspection . Inspection needed 5 days prior to dose. Glen Ellyn,IL 60137 (630)469-6756-inspection • Final water bill must be aid www.alenellvn.oro • Final water meter reading—call(847)835-4113 or (847)835-4113 x1110 • No stamps required e-mail finance@goglenccece schedule. . m to sedule. Final 675 Village Ct Glencoe . Final water bill must be paid reads are attempted to be done next day but no Glencoe,IL 60022 www•villageofalencoe.ora sooner than 3 business daysprior to closing. •Transfer form required-available on line • Stamp$3.00 per$1,000 • Provide village PTAX form and deed for stamps (630)260-6000 Glendale • $25 Exempt stamp required • Certificate of Compliance required—form online 300 Civic Center Plaza (630)260-6010—water reading Heights • $50 Inspection •Arrange for final water meter reading no sooner Seller Glendale Heights,IL 60139 (630)260-6030-inspection • Final water bill must be paid than 2 days prior to dosing www.alendaleheiahts.oro • No Personal checks •[Glenview No stamps required • Schedule water meter reading 10 days prior to 2500 East Lake Ave (847)724-1700 Seller• Final water bill must be paid dose Glenview,IL 60026 (847)724-3112—water reading www. I nvi .il •First American will obtain stamps All transfer information is believed accurate. However,contact the taxing body directly for confirmation 6of18 FirstAmm can Transfer Stamp Requirement Listing III*Insmwce Con*w7 Revised: 03.01.17 T gow"M pec6or>s; 1>a ti eirrIngBody TelephonelU�ietisRe . .. �. • Stamp$5.00 per$1,000 •Transfer form required—available online •$50 Exempt stamp required • Roof&Heating inspection also required(not done 1 Asselbom Way (708)753-2400 Glenwood • Inspection required—fee depends by village) Seller Glenwood,IL 60425 www.viltacieofglenwood.com on property type($100 for single • Final water meter reading fami • No personal checks • No stamps required • Final water meter reading 2 weeks prior to close 1 Briar Road (847)998-8852 Golf . Final water bill must be paid •Water certificate issued when final water bill is paid Golf,IL 60029 www.villaoeofgolf.us • No stamps required 10 South Seymour Ave (847)223.8515 Grayslake • No inspection required • Final water reading required Grayslake.IL 60030 www.graysiake.com • Final water bill must be paid Green Oaks • No stamps required • Closing letter with buyer and seller names and date 2020 O'Plaine Rd 847-362-5363 • Final water bill must be paid of closing must be sent to village Green Oaks,IL 60048-1547 www • No stamps required 325 N O'Plaine Rd. 947-599-7500 Gurnee . Final water bill must be id 'All village debts must be paid Gurnee,IL 60031-2610 wwwaurnee.11.us Hainesville '$40 Inspection required •Village Hall closed on Wednesdays,open 9am-1pm Seller 100 N.Hainesville Rd (847)223-2032 • Final water bill must be paid on Fridays Hainesville,IL 60030 www Hampshire • No stamps required 234 S.State St 847-683-2181 • Final water bill must be id • Hampshire,IL 60140-0457 www.hamoshireil.oro • Stamp$1.50 per$500 • Provide original deed and PTAX to obtain stamps •$10 Exempt stamp required •Transfer forth required-available online 2121 W.Lake, (630)372-4200 Hanover Park Final water bill and all other village • Final water reading day prior to close and final bill Seller Hanover Park,IL 60133 www.hanovemarkillinois.oro debts must be paid paid when stamps purchased • No stamps required •$50—final water meter reading Cif fequested) 201 W.Front SL 815-943-6468 Harvard •Agent/seller can provide image of • Harvard,IL 60033 www.citvofharvard.om water meter reading • Final water bill and all other village debts must be paid • Stamp$5 per$1,000—buyer/seller split plus$60 fee to the Buyer .Transfer form required-available online • $60 Exempt stamp 15320 Broadway (708)210-5300 opt.9 Harvey • $150 Inspection • Other forms are required-see Harvey web site split Harvey,IL 60426 www.citvofharvev.oro • Final water bill must be paid for full instructions •All villa a debts must be paid •Stamp$10.00 per$1,000 • Provide village PTAX form and deed for stamps Harwood •$50 Exempt stamp required • 2 Original transfer form required-available online Buyer 7300 W.Wilson (708)867-7200 Heights •$50 Inspection •Seller must schedule inspection with Bldg.Dept Harwood Heights,IL 60706 www.harvmWheiohts.ora • Final water bill must be paid • No personal checks over$50. Hazel Crest .$100 Inspection Seller 3000 W 170t°Place (708)335-9600 Hazel Crest IL 60429 www,villaaeo—ftzelcrest.com • Sewer inspection required 8652 W.95th St (708)598-4800 Hickory Hills • Final water bill must be paid . Final water meter readingrequired N/A Hickory Hills.IL 60457 rwww.highorghillsil.oro *First American will obtain stamps All transfer information is believed accurate. However,contact the taxing body directly for confirmation • 7of18 J, First Amaican Transfer Stamp Requirement Listing 7-Are Insuralm Conwavir Revised: 03.01.17 Nlk 1 011 DWI,* a Copy of Deed required -Stamp$5.00 per$1,oOO 9 Exempt transactions require original Deed (847)432-0800 Highland Park -$0 Exempt stamp required *Transfer form required-available online Seller 1707 St Johns Ave www.cilvhL)ii.com * Final water bill must be paid * Disclosure statement required Highland Park IL 60035 (go to Finance,then Transfer Form) *Water utility form required & No personal checks o Survey requried . Inspection(fee varies with property 9 Property Transfer Inspection Application available Highwood type) online Seller 17 Highwood Ave (847)432-1924 ext.223* Final water bill must be paid - Must contact Northshore Sanitary District(847-623- Highwood,IL 60040 www.cibmfhiahwood.com 6060)for final bill a Stamp$7.50 per$1000 9 Transfer form required-available online Hillside * $0 Exempt stamp required 9 Copy village PTAX and original deed for stamps Buyer 425 Hillside Ave (708)449-6450 * $50 Inspection(seller charge) e No personal checks Hillside,IL 60162 www,hil[Side-il.org 9 Provide plat of survey for inspection Hinsdale e No stamps required 0 19 E.Chicago Ave. 630-789-7022 e Final water bill must be paid • Hinsdale,IL 60521-3489 =.411glgliololum * Stamp$3.00 per$1,000 e Provide copy of deed and PTAX/EZ Dec to obain Hoffman *$10 Exempt stamp required stamps minimum 1 day prior to closing 1900 Hassell Rd (847)882-9100 Estates e Final water and garbage bills must 9 Transfer form required-available online Seller Hoffman Estates,IL 60169 www.hoffmanestates.ora be paid * Payments can be submitted online *All village debts must be paid 4331 Southwest Hwy (7D8)424-7500 Hometown *$50 Inspection Seller www.dtvofhometown,c;omkIe*1htm! * Final water bill must be paid Hometown,IL 60456 Homewood - No stamps required * Possible water inspection if water was shut-off 2020 Chestnut Rd 708-798-3000 * Final water bill must be paid Homewood,IL 60430-1776 Huntley - No stamps required * Final water meter reading 2 days prior to close 10987 Main St 847-669-9600 * Final water bill must be paid Huntley,IL 60142-7394 www.huntiev.il.us * No stamp cost WITH inspection Indian Head $0 Exempt stamp required 9 Inspection required Seller 201 Acacia Drive (708)246-3137 Park No stamp for quit claim deed * Inspection form—available on line Indian Head Park.IL 60525 www.indianheadpark4l.gov • Inspection cost varies by property *Allow 7 days for inspection type • No stamps required • Final water bill can be paid at Island Lake closing 3720 Greenleaf Ave. 847-526-8764 •All other village debts must be paid Island Lake,IL 60042-9506 www.villageofislandlake.com • $50 OTI(Owners Transfer Inspection)fee Itasca • Final water bill must be paid • Final water meter reading 5 days prior to close N/A 550 W.Irving Park Rd (630)773-2455 Itasca,IL 60143 www-itascaso—m Johnsburg • Final water bill must be paid Seller 1515 Channel Beach Ave (815)385-6023 Johnsburg.IL 60050-8904 www.lohrisbum.ora First American will obtain stamps All transfer information is believed accurate. However,contact the taxing body directly for confirmation 8 of 18 • FustAmtricaa Transfer Stamp Requirement Listing Title Insurance canpau Revised: 03.01.17 . � >W • If new construction residential disclosure form needed • Stamp$3.00 per$1.000 •Transfer form required—available required ilable on line Water/lien letter required and due to village 4 150 W.Jefferson (815)724-3902 Joliet* . $0 Exempt stampSeller Joliet,IL 60432 www.dtvofjol'ietinfo business days prior to closing-available online • No personal checks . $100 Inspection for SFR . Contact building dept for inspection form(708)458- . $100 Inspection for Multifamily Justice $25 each additional unit 2130 7800 Archer Ave (708)458-2520 • Inspection must be paid at time of submitting Seller •$500 Inspection for Commercial/ Justice,IL 60458 www.villageofjustice.oro $50 each additional unit application. •All villa debts must be aid • Inspection good for 6 months. La Grange • No stamps required 447 N.Catherine Ave 708-354-0225 Park .Final water bill must be paid LaGrange Park.IL 60526 I Lake Bluff • No stamps required 40 E.Center Ave. 847-234-0774 • Final water bill must be paid Lake Bluff.IL 60044-2597 lakebluffom • Stamp$4.00 per$1000 rounded to nearest$5'00' • Provide copy of deed and PTAX to obtain stamps • $50 Exempt stamp required(allow .Transfer form required-available online 800 N.Field Drive (847)234-2600,opt 3 then opt 2 Lake Forest 3 days to process) Buyer • Final water bill must be paid • Unincorporated properties require a letter from Lake Forest,IL 60045 www.cltvoflakeforest.com •$150-Home sanitary sewer village confirming unincorporated status. inspection Lake in the • No stamps required 600 Harvest Gate (847)960-7400 opt 3 Hills • Final water bill must be paid Lake in the Hills,IL 60156 www li h Lake Villa • No stamps required 65 Cedar Ave.P.O.Box 519 (847)35"100 • Final water bill must be paid Lake Villa,IL 60046-0519 www k vill Lake Zurich • No stamps required 70 E.Main St. 847-438-5141 • Final water bill must be paid Lake Zurich,IL 60047-2416 www Lakemoor • No stamps required 28874 Route 120,*C 815-385-1117 • Final water bill must be paid Lakemoor.IL 60051 I .Transfer certificate must be submitted 3 days prior to dosing •Application for Certificate of payment issued by 3141 Ridge Rd (708)895-7200 Lansing •All village debts must be paid village Treasurer's office required and submitted 3 Lansing,IL 6 (708)895-7190-Water days prior to close www.villageoflansing.org . Final water meter reading required . No personal checks accepted Lemont • No stamps required 418 Main St 630-257-1550 • Final water bill must be paid Lemont,IL 60439-3708 www.l m 7 • No stamps required 118 W.Cook Ave 847-362-2430 Libertyville * Final water bill must be paid wille,IL 60048-1874 www,liks=lle.com •First American will obtain stamps All transfer information is believed accurate. However,contact the taxing body directly for confirmation 9of18 • FirstAmrricav Transfer Stamp Requirement Listing Yitle kswame Comply Revised: 03.01.17 'e ,"a -W�-WAN • No transfer form required • Need PTAX form with legal description •Stamp$3.00 per$1,000 • Final water meter reading 5 days prior to close 1 Olde Half Day Rd (847)883 8600 Lincolnshire Stamps can be purchased at village hall or at lnshire •$0 Exempt letter required Buyer Ancel,Glink,Diamon et al Lincolnshire.IL 60069 www.lincolnshire.n..00v • Final water bill must be paid 140 S.Dearborn The Marquette Building,61'Floor Chicaqo,IL 60603 312 782-7606 • Need to complete application for Certificate of • $20 Certificate of Payment final Payment—available online. Certificate must be (847)673-1540 6900 N.Lincoln Ave Lincolnwood water meter reading service fee presented at dosing to be recorded with deed. Seller www,lincolnwoodil.oro •All village debts must be paid • Schedule water meter reading 1 week before Lincolnwood,IL 60712 closin Lisle • No stamps required 925 Burlington Ave 630-271-4150 • Final water bill must be id • Lisle,IL 60532-1838 www.villaceoflisle&M • No Lockport tax but note that many properties with Lockport address are in other villages'city limits 222E 9th St (815)838-0549 Lockport • Final water bill must be paid that may have a tax. Call village clerk with address Lockport,IL 60441 www,citvoflockoort.net for determination. • Final water meter reading Lombard • No stamps required 0 255 E.Wilson Ave. 630-620-5700 • Final water bill must be paid Lombard.IL 60148-3931 www 'll fl • Certificate of Compliance Inspection required— available online • $100 Inspection • Complete form and provide to village along with 21460 Lincoln Hwy (708)758-6101 opt.3 Lynwood • Final water bill must be paid payment to have inspection done. Seller Lynwood,IL 60411 (708)758-5434(water reading) • No inspection needed for exempt transactions www.lvnwoodil.us where no one is moving into property. • Final water meter reading 2 days prior to close • $100 Inspection for SFR • HVAC inspection required(need to be done by a 3f0 •$200 Inspection for Commercial/ paw) 4200 Lawndale Ave (708)442-4500 Lyons Industrial •Termite inspection required need to be done by a Seller Lyons,IL 60534 www.villageoflvons-il.net • Final water bill must be paid 31 paw) •Transfer of Compliance required • No stamps required • Sidewalk Inspection required 98 E.3rd St. 815-929-4800 Manteno • Smoke alarm and CO certificate Call Fire Manteno,IL 60950 www.villageofmanteno.com De artment •$125 Inspection for SFR • Provide copy of deed or sales contract to obtain • $200 Inspection for Commercial stamps 16313 S.Kedzie Pkwy (708)331-4905 Markham •$6 Water Stamp • Occupancy permit required prior to sale Seller Markham,IL 60428 www.citvofmarkham.net • Form only available at village hall • Final water bill must be paid . Final water meter reading 5 days prior to closing •$75 Inspection • Call to schedule inspection at least 1 week prior to (708)283-4900 Matteson • $125 Inspection if property has fire dose Seller 4900 Village Commons www.vinaoeofmatteson.oro sprinkler system . Certificate of Occupancy required Matteson,IL 60443 •All village debts must be paid 'First American will obtain stamps All transfer information is believed accurate. However,contact the taxing body directly for confirmation • 10 of 18 • FrtstAnwiicaa Transfer Stamp Requirement Listing Title hmmm Company Revised: 03.01.17 Us!pi,. . _ one MO aW g dress _ � Te�epbf creme • k"il Transfer form required—available on line • Stamp$4.00 per$1,000 • Call to schedule inspection-allow 2-3 weeks $0 Exempt stamp required • Certificate of Compliance required—provide original • 40 Madison St pp8)450-fi314 Maywood deed and PTAX Seller • $90 Inspection Maywood,IL 60153 www.maywood-it.orq •All village debts must be paid -Allow 3 day to obtain stamps Final water meter reading required • No personal checks accepted •Stamp$5.00 per$1,000-minimum •Transfer form required-available online McCook $100 • Submit original deed and PTAX at least 3 days 5000 Glencoe (708)447-9030 • $0 Exempt stamp required before closing Seller McCook,IL 60525 www.villaaeofmccook.ora •$50 Inspection • Request inspection 2 weeks prior to dose •$150 Inspection for SFR • $250 Inspection 2 family d"fling . New water meter installation required on foreclosed • $300 Inspection for 3 family property($450-$1000) dwelling • Certificate of Compliance—available on tine 10 day • $375 Inspection for 4 family notice required Melrose Park dwelling/$75 each additional unit .Village needs:survey,form 3500.&4000 Seller 1000 N.25th Ave (708)343-4000 • $250 Inspection for foreclosed . Note-Melrose Park zip code 60164 is considered Melrose Park.IL 60160 www.melmsepark.ora Property Leyden Township and part of unincorporated Cook • $100 Seller charge for property as County-call(312)603-0500 and give specific is. address • Final water bill and all other village debts to be paid .Transfer form required—available online along with MyDec and PTAX form.title commitment and copy • Stamp$5.00 per$1.000 of Deed. Buyer 26225 N.Riverwoods Blvd (847)573-1460 Mettawa .$0 Exempt stamp required • Buyer must contact Village to arrange meeting, Mettawa,IL 60045 www.mettawa&M email clerkiMmettawa.om • No personal checks • Provide copy of transfer stamp application and • $0 stamp required deed to obtain stamps. 14801 Pulaski Rd 708)389-0200 Midlothian . Final water bill and all village debts .Seller affidavit(smoke&carbon dioxide detectors) Sellers Midlothian,IL 60445 www.villageofmidlothian.net must be paid • Forms available at on-line • No stamps required 11004 Carpenter St. 708-479-3900 Mokena • Final water bill and all other village • debts to be aid Mokena,IL 60448-1595 www.mokena.oro • No stamps required Monee • $50 Inspection • Go to village hall to pay and schedule inspection Sellers 5130 W.Court St (708)534 8301 • Final water bill and all other village • Final water meter reading 2 days prior to close Monee,IL 60449 www.villaaeofmonee.ora debts to be paid • Stamp$3.00 per$1,000 •Transfer forth required-available online Morton Grove ' $25 Exempt stamp required •Contact village 5 days prior to dose to detemhine 6101 Capulina Ave (847)965-4100 • Final water bill and all other village any outstanding debts to be paid Seller Morton Grove,IL 60053 www.mortongroveil,ora debts to be paid 1 • Final water meter readi "First American will obtain stamps All transfer information is believed accurate. However,contact the taxing body directly for confirmation • 11 of 18 • FirstAMiliCaIll Transfer Stamp Requirement Listing Title Insm-ame Company Revised: 03.01.17 A4! f e Stamp$3.00 per$1,000 Mount 9 $15 Exempt stamp required * Transfer form required-available online or MyDec Buyer 50 S.Emerson, (847)392-6000 Prospect * Final water bill and all village debts - Provide copy of deed for exempt stamp transaction Mt Prospect IL 60056 www,Mountprospect-org must be paid Mundelein - No stamps required 440 E.Hawley St 847-949-3200 * Final water bill must be paid 0 Mundelein,IL 60060-2400 ZMM,mWWC!jin&Eg * Statement of Open Accounts form required- o Stamp$1.50 per$500 available online Naperville 9$0 Exempt stamp required * Al payments,debt and assessments due the City Buyer 400 S.Eagle St (630)420-4116 must be paid current by seller prior to buyer Naperville,IL 60640 www.naperville.il.us - Final water bill must be paid purchasing stamps a Final water meter reading 2 days prior to close a No New Lenox tax but note that many properties with New Lenox address are in other villages'city 1 Veterans Parkway (815)462-6400 New Lenox - Final water bill must be paid limits that may have a tax. Call village Berk with New Lenox,IL 60451 www.nevAenox.net address for determination. e Final water meter reading *Stamp$3.00 per$1,000 * Inspection required * $25 Exempt stamp required (no 9 Transfer form required—available online 1000 Civic Center Dr. (847)588-8000 Niles inspection needed) 9 Schedule inspection 10 days prior to closing Buyer Niles,IL 60714 www.vniles.com *$25 Occupancy permit fee(buyer charge) - Final water bill must be paid a Original deed needs to be stamped"passed" regarding building inspection e Copy of sales contract and MILS listing sheet 4000 N.Olcott Ave (708)453-0800 Bldg.Dept Norridge •$25 Inspection required Seller * Transfer application required—available online Norridge.IL 607D6 wmy.villaaeofnorridoe.com - Inspection Certificate(good for 30 days) e Provide 15 day notice for inspection North Aurora * Final water bill must be paid Seller 26 E.State St. (630)$97-8228 x223 North Aurora.IL 60542 www.northouroraorg * Stamp$5.00 per$1,000 - City transfer form required-available online 9$50 Exempt stamp required * Copy of Deed or sales contract required 1850 Lewis Ave. (847)596-8626 North Chicago *$50 Inspection(seller charge) * No personal checks Buyer North Chicago,IL 60064 www.northchicaoo.org * Final water bill and all other village 9 Final water meter reading required debts to be paid * Provide original deed and copy of survey to obtain North *$4051rispection stamps 2401 Des Plaines Ave (708)447-4211 Riverside 9 Final water bill must be paid * Inspection must be scheduled 14 days prior to Seller North Riverside,IL 60546 Wftnorthriversidewil.org closing-inspection form available online * Contact village if property did not pass inspection Northbrook & Final water bill must be paid e Final water meter reading to be scheduled within a Seller 1225 Cedar Lane (847)664-4171 week of rJosing. Northbrook.IL 60062 www,northbrook.11.y$ F�Northfield - Final water bill must be paid Seller 361 Happ Rd (847)446-9200 o I Northfield,IL 60093-3482 www.northfieldil.org •First American will obtain stamps All transfer information is believed accurate. However,contact the taxing body directly for confirmation • 12 of 18 Transfer Stamp Requirement Listing Title rnmzwe GDMPezur Revised: 03.01.17 Iftagoal w, e $2501rispection * Certificate of compliance Northlake 9$0 •exempt stamp required * Provide village original deed for stamps Seller 55 E.North Ave (708)343-8700 * Final water bill must be paid - No personal checks accepted Northlake,IL 60164 www.northlakecb.com o Order inspection 30 days prior to close Oak Forest • Final water bill must be paid * Provide 5 day notice 15440 S.Central Ave (708)687-4050 X1022 *Village suggests Title Co.request proof at dosing — Oak Forest,IL 60452 wwwoilk-forest.org * Stamp$5.00 per$1.000 -Transfer form required on ALL transactions(even e Final water bill must be paid for exempt)-available online e Provide village copy of deed for stamps and submit Oak Lawn single family residence • at least 7 days prior to close Seller 9446 S.Raymond Ave (708)499-7780 9 No water bill needed for condo * Exempt letter required for exempt transaction Oak Lawn,IL 60453 wwwoaklawri-il.ggy e Final water bill and all other village 9 Final water meter reading 3 days prior to close debts to be paid 9 No personal checks -Stamp$8.00 per$1,000 *Transfer form required-available online 123 Madison St (708)383-6400 Oak Park 9$30 Exempt stamp required * Stamps obtained after water bill paid Seller Oak Park.IL 60302 www.oak-Dark.us 9 Final water bill must be paid 9 No personal checks or AMEX accepted Oakbrook * No stamps required 17W275 Butterfield Rd 630-941-8W0 Terrace I - Final water bill must be paid Oakbrook Terrace,IL 60181 www.oakbrookler-race.net * $50 Inspection *Transfer form required—available on-line 20040 Governors Hwy (708)603-8000 Olympia Fields . Final water bill must be paid 9 Call village to schedule inspection Seller Olympia Fields,IL 60461 www.olvmoia-fields.com 9 Inspection ood for I year Orland Park 9 No stamps required 14700 Ravinia Ave 708-403-6100 * Final water bill must be paid Orland Park,IL 60462-3167 it 9 Final water bill and all other village 200 E.Wood St. (847)359-9088 Palatine • debts to be paid Palatine,IL 60067-5339 (847)359-9082—Water Bill www.paIdnejI,us * No stamps required 7607 W.College Dr. (708)361-1804 Palos Heights . Final water bill must be paid e Final water meter reading required Palos Heights,IL 613463 (708)361-1800—Water Reading wwwmalosheiahts.= Palos Hills - $50 permit charge to seller - Inspection required on ALL properties and schedule Sellers 10335 South Roberts Rd (708)598-3400 Fina l nal water bill must be paid 2 weeks prior to close Palos Hills, IL 60465 wwwpaloshillsweb.om * Provide original deed and copy of sales contract to obtain stamps. (Deed only for exempt) e Transfer form required-available at village hall or * Stamp$5.00 per$1,000 can be mailed Park Forest - $15 Exempt stamp required - Inspection needed before closing if property to be Seller 350 Victory Dr (708)748-1112 *$100 Inspection owner occupled. Park Forest IL 60466 www.ld0aaeofbarl(forest.com * Inspection needed after dosing but before occupancy if property to be rental * Inspection request form available online * No personal checks over$15. First American will obtain stamps All transfer information is believed accurate. However,contact the taxing body directly for confirmation • 13 of 18 KrstAwaican Transfer Stamp Requirement Listing Title Insurance Comparur Revised: 03.01.17 ISO,... a ,. 77 in 10 ,..►:.'!'!`J. . W _ .; • Stamp$2.00 per$1,000 •Transfer form required-available online Park Ridge • $25 Exempt stamp required • Instructions for sate of property available online Seller 505 Butler Place www arkrid e. •All village debts must be aid •Allow 5 daysto obtain stamps Park Ridge,IL 60068 www,narkridae.us •Transfer form required-available online • Instructions for sale of property available online • Stamp$2.50 per$1,000 (Treasurer's link) •Zoning certificate required for multi-unit property • $0 Exempt stamp required 419 Fulton (309)494-8545 Peoria . $120 minimum zoning certificate • City stamps now being issued by Peoria County Seller Peoria,IL 61602 www.ceoriaaov.oro •$0 Zoning certificate for exempt Recorder of Deeds. Mail all applicable documents to: Peoria County Recorder 324 Main SL,Room G4 Peoria,IL 61602 Phoenix •$50 Inspection •Village hall Wednesday hours:gam-12pm 633 E.151 st St (708)331-2636 • Final water bill must be id Phoenix,IL 60426 www.viUg_qept�hoenix.com • Many properties with Plainfield address are in other • Final water meter must be schedule 24401 W.Lockport St (815)436-7093 Plainfield villages'city limits that may have a tax. Call village prior to Dosing to confirm if propertyis in Plainfield limits Plainfield.IL 60544 www.olainfield il.ora • $170 Inspection .All village debts must be paid prior to issuance of •Additional$95 per unit for multi- 2440 Walter Zimny Dr (708)385-0139 Posen family Certificate of Compliance Seller Posen,IL 60469 www.villaoeofposen.oro •All villa debts must be aid • Contact village if property does not pass inspection • Inspection— . Must file Occupancy Inspection application 1. $50 condo Richton Park 2. $75 single famity/townhome prior t cl online)then schedule inspection 14 days Seller 4455 Sauk Trail www 481-8950 3. $100 commercial prior to dosing. Richton Paris IL 60471 www.richtonpark.oro •All village debts must be paid • Stamp$1.00 per$1,000 • Transfer form required-available online • $0 Exempt stamp required • Original deed and grantor/grantee statementng inspection 400 Park Ave (708)366-8500 River Forest . $0 Zoning ins on required for exempt transaction Seller River Forest,IL 60305 www.yf us • Final water bill must be paid • Inspections occur ONLY on Tuesdays and Fridays • Stamp$50 flat fee for SFR/condo • Provide deed,survey,and water application signed • Stamp$100 flat fee for commercial by buyer to obtain stamps. • Stamp$25+$25 per unit for appt .Transfer form (708)453-8007 River Grove bulling required—available online Seller 2621 N.Thatcher Inspection required for exempt • Seller must show deed ge River Grove,IL 60171 www.voro us • $0 transfers well • Final water bill must be id at villa hall PRIOR • Final water bill must be aid to obtaining stamps • Must submit application 14 days prior to dosing— available on line • $2001nspection • Provide copy of deed and termite inspection to Additional$50 per unit on multi- obtain stamps 157W 144°i St (708)841-2200 • Riverdale family • Final water bill must be paid within 7 days of Seller Riverdale,IL 60827 www.villayeofriverdale.net •All village debts must be paid transfer stamp purchase • Exempt stamp required • Inspection required on exempt transaction-allow 14 days to complete First American will obtain stamps All transfer information is believed accurate. However,contact the taxing body directly for confirmation r 14 of 18 ` FrtstA wicav Transfer Stamp Requirement Listing Titk Insurance Company Revised: 03.01.17 a 0 In S,Fees °Other'RequmemeMs Party m . sv Govem g Body Telephone! #? a "77 •Certificate of Compliance •Schedule inspection 10 days prior to close • $175 Inspection 27 Riverside Rd (708)447-2700 Riverside . Final water bill must be paid (708)447-1241 Seller Riverside,IL 60546 www.riverside.il.us • Provide original survey that is less than 6 months old • Stamp$100 flat fee 3327 W.137th St (708)385-8940 Robbins • $0—Exempt stamp • Inspection application available only at village hall Either Robbins,IL 60472 www.villaaeotobbins-il.com • $2401ns ction • Provide copy of deed,IL and village PTAX to obtain • Stamp$3.00 per$1,000 stamps Rolling • $50 Exempt stamp required •Transfer form required for all deeds-available Seller 3600 Krchoff (847)394-8500 Meadows . Final water bill and all other village online Rolling Meadows,IL 60008 www-cim n.ora debts must be paid • Documentation submitted after 3:30 will result in stamps issued next day • Provide original deed for village to affix stamp •Transfer form required—call Finance Dept • Clearance letter required on all debts and good for • Stamp$3.50 per$1,000 5 days. Romeoville • $40 non-exempt stamp required • Signed Buyer/Seller affidavit may be required for Buyer 1050 W.Romeo Rd (815)886-7200 • All village debts must be paid inspection issues. Romeoville.IL 60446 www.romeoville.ora • Schedule final water meter reading minimum 7 days prior to closing • Foreclosed properties need walk-through by Village Building Department • No stamps required • Final water bill must be paid • Occupancy Inspection on vacated properly 60+days 1. $400—SFR • Inspection required before water will be tumed on 31 S.Prospect St. 630-980-2000 Roselle 2. $225—Townhouse vacant(REO)property for buyer. NOT required Roselle,IL 60172-2097 www.roselle.il.us 3. $150-Condo before dosing • Inspection fee on REO property 1. $400—SFR 2. $220—Townhome 3. $150-Condo Rosemont • No stamps required 9501 W.Devon Ave. 847-825-4404 • Final water bill must be paid Rosement,IL 60018-4823 www.rosemont.com/villace of rosem ont.phy Round Lake • $60 Inspection •All village debts must be paid prior 1937 N Municipal Way to obtaining (847)546-2351 . Beach •$0 Water meter inspection Certificate of Occupancy. Seller Round Lake Beach,IL 60073 www•villaaeofroundlakeWach.com •All village debts must be paid • Schedule final water reading 5 days prior to closing Round Lake . $75 Ins 619 W.Pontiac Ct (847)546-1206 Heights pection • Inspection must be paid in advance Seller Round Lake Heights.IL 60073 www.vilfaQeofroyndiakeheights.com •$751nspection Round Lake -$65 re-inspection .All village debts must be paid prior to obtaining 203 Lake Shore Or (847)546-2790 Park • $200 water deposit for new Certificate of Occupancy. Seller Round Lake Park,IL 60073 www.roundiakecark.us residences •All village debts must be paid First American will obtain stamps All transfer information is believed accurate. However,contact the taxing body directly for confirmation 15 of 18 t ' F"ustAmerican 'transfer Stamp Requirement Listing 71"de hismauce Compaup Revised: 03.01.17 t ` Older Qthe i3e g �" Govemrng Sgdy'Address T'stephone!Webs�r ._a .,. x >_ ., Saint Charles • No stamps required 2 E.Main St 630-377-4400 • Final water bill must be id St Charles,IL 60174-1984 www rl 1 . $50 Inspection 21801 Torrence Ave (708)758-3330 Sauk Vllage • $50 Application • Inspection application available only at village hall Seller Sauk Village,IL 60411 www ill • Stamp$1.00 per$1,000 • Provide copy of contact and legal description of property to obtain stamps 101 S.Schaumburg Ct (847)895-4500 Schaumburg •$10 Exempt stamp required .Transfer form required-available online Seller Schaumburg.IL 60193 www.villageotschaumbuEg.com • Final water bill must be paid • Contact Water Dept to schedule reading Schiller Park . Final water bill must be paid • Final water meter reading required before payment 9526 Irving Park Rd (847)678-2550 Schiller Park,IL 60176 www.villageo-fsc-hillerpark.com Shorewood • No stamps required 1 Towne Center Blvd 815-725-2150 • Final water bill must be aid • Shorewood.IL 60404-9705 www vil i • Stamp$3.00 per$1,000 . Transfer form required 5127 Oakton (847)673-0500 Skokie •$25 Exempt stamp required e Copy of PTAX and copy of deed required Seller Skokie,IL 60077 www.skokie.org • Final water bill must be paid SleepyHollow • No stamps required 1 Thorobred Lane 847-426-6700 • Final water bill must be paid Sleepy Hollow,IL 60118 www.sleeovhofloyAl.org • $175 Inspection for property plus South Chicago $25 for each additional residence in 3317 Chicago Rd (708)755-1880 Heights same building Seller So.Chicago Heights,IL 60411 www.southchicaaoheichts.com • Final water bill must be paid South Elgin • No stamps required 10 N.Water St 847-742-5780 e Final water bin must be paid South Elgin,IL 60177-1695 www.southelain.com South Holland • Final water bin must be paid • Certificate of Payment required. Seller 16226 Wausau Ave (708)210-2900 South Holland.IL 60473 www II n • Schedule final water meter reading 1 week prior to Steger •$50 Minimum for inspection dosing Seller 3320 Lewis Avenue (708)754-3395 • Final water bin must be paid • If home has inside water meter,must be replaced Steger,IL 60475 wvwr.vitlageofsteeer.org with outside meter-$100 fee •Stamp$5.00 per$1,000 Stickney • $25 Exempt stamp required • Provide village original deed and copy of sales Seller 6533 W.Pershing (708)749-4400 m • Final water bin must be paid • Stamp$4.00 per$1000 • $0 Exempt stamp required 1629 N.Manheim (708)345-5550 Stone Park .$50 Inspection • Original Deed,PTAX or MyDec required. Seller Stone Park,IL 60165 www.voso.us • Final water bin must be paid • Stamp$3.00 per$1.000 • PTAX and transfer form required—available online 301 E.Irving Park (630)736-38W Main Streamwood • $10 Exempt stamp required • Copy of Deed required Seller (630)736-3844 Finance Dept •All villa a debts must be aid • Schedule final water readingStreamwood,IL 60107 www.streamwood.org • No stamps required 10 Municipal Dr. 630-466-4507 Sugar Grove . Final water bin must be paid Sugar Grove,IL 60554-6901 wvwi v it v • $50 minimum inspection 7321 W.59M St (708)563-4800 Summit . Final water bill must be aid • Certificate of Compliance Seller Summit,IL 60501 www.thevillaceofs�urnmft..com •First American will obtain stamps All transfer information is believed accurate. However,contact the taxing body directly for confirmation 16 of 18 t .j.'dgh"'g1jh'+ Transfer Stamp Requirement Listing nde1VSMraVM Con WW Revised: 03.01.17 �"4;:�TeIep W-17� 40 hon� site * Transfer form required-available online * Provide village copy of sales contract and copy of - Stamp$5.00 per$1000 Deed for stamps 308 W.State St (815)895-4920 Sycamore *$0 Exempt stamp required(form 9 Stamps waived if. Buyer Sycamore,IL 60178 www.citvofsvcamore.com required) > Purchaser is a current Sycamore resident for > rZre than 1 year perty is homestead Thornton 9 No stamps required 115 E.Margaret St 708-877-4456 * Final water bill must be paid 0 Thomton.IL 60476-1292 www.thomton6O476.com Tinley Park - No stamps required 16250 S.Oak Park Ave. 708-444-5000 9 Final water bill must be paid Tinley Park,IL 60477-1600 www.finlevoark.oM 9 Stamp$1.00 per$1,000 *Transfer form required-available at village hall or o $25 Exempt stamp required 698 Burnham Dr (708)534-6451 University Park .$250 Inspection faxed Seller University Park,IL 60484 wwwuniversity-park-il.co 9 All villa debts must be paid 0 Original signatures required. I Villa Park -$50 Inspection(seller charge) * Call Public Works(630)834-8505 to schedule Seller 20 S.Ardmore Ave (630)834-8500 * Final water bill must be paid - No personal checks Villa Park.IL 60181 Wauconda - $751- Final Inspection form required—available online Seller 101 N.Main St (847)526-9609 water bill must be id ' Inspection Wauconda,IL 60084 www.wauconda-ilM e $100 Inspection a zoning letter required—application on available 100 N.Martin Luther Kng Jr (847)599-2500 Waukegan * Final water bill must be paid online AND MUST BE REQUESTED PRIOR TO Seller Ave www,wau anweb.net LISTING Waukegan.IL 60085 * NON-Exempt - $0—Exempt stamps 1.Deed Certification form required—available West Chicago e $0.11 per sq.foot Inspection fee on online Seller 475 Main St (630)293-2200 NON-Exempt property 2.1rispection required West Chicago,IL 60185 wwwwestchicago&% 9 All village debts must be paid a Final water meter reading 2 days prior to close * Provide copy of signed deed for exempt transaction West Dundee No stamps required 102 South Second St (847)561-3800 • Final water bill must be paid West Dundee,IL 60118 wwwwdundee.m • $0 Exempt stamp required * Provide village original deed for stamps 10300 West Roosevelt Rd (708)345-0020 Westchester * $125 Inspection—SFR/condo * Final Meter reading required and bill paid before Seller Westchester,IL 60154 www.westchester-il.ora * Compliance water bill must be paid affixing stamp to deed Western - Final water meter reading required. Need seller 740 Hillgrove Ave. 708-246-1800 a No stamps required Springs forwarding address and buyer information Western Springs.IL 60558 WWW.WSDnnos.com 9 Stamp$2.50 per$1.000 * Utility Account Application form—available online Wheaton * $25 Exempt stamp required 9 Real Estate Transfer Tax form—available online Buyer 303 W.Wesley (630)260-2000 Finance Dept. Fi* nal water bill and all other villag •e *Water clearance letter required Wheaton.IL 60187 www.wheaton.il.us debts must be paid 9 Form to request certificate online *Water,sewer&garbage bills must * Certificate submitted with deed for recording 2 Community Blvd (847)459-2600 Wheeling be paid(prior to transfer certificate * Call to schedule final water reading 7 days prior to N/A Wheeling,IL 60090 www.wheelin-gil.cov being issued) close 0 No Personal checks 1 0 Willowbrook No stamps required 7760 Quincy St. 630-323-8215* Final water bill must be paid Willowbrook,IL 60527-5594 www.will owbmokilgq_ First American Will obtain stamps All transfer information is believed accurate. However,contact the taxing body directly for confirmation r 17 of 18 • FirstAmeticau Transfer Stamp Requirement Listing 7-jde Insm=e C4mpmT Revised: 03.01.17 X alki; IeWVT4, 9 Stamp$3.00 per$1,000 e Transfer form required-available only at village hall 1200 Wilmette Ave (847)251-2700 Wilmette 9$0 Exempt stamp required * Schedule final water meter reading at least 5 days Buyer Wilmette,IL 60091 www.Wlniette.com -All village debts must be paid prior to close Winfield • No stamps required 27W466 Jewell Rd. 630-933-7100 * Final water bill must be paid 0 Winfield,IL 60190-1293 www villaaeofvAnfield.com Winnetka o No stamps required 0 510 Green Bay Rd. 847-501-6000 e Final water bill must be paid I V*Annetka,IL 60093-2563 www.villaceo twin netka.oro Winthrop - No stamps required 830 Sheridan Rd. 847-872-3846 Harbor - Final water bill must be paid Winthrop Harbor.IL 60096 www.winthroDharbor.com e Minimum 48 hours to process stamps - Stamp$2.50 per$1,000 a Transfer form required-available online 5 Plaza Drive Attn:Front Desk (630)852-7000 Woodridge - $25 Exempt stamp required e Schedule final water reading at least 5 days prior to Seller Woodridge,IL 60517 www,,Vl.woodddae.il.us -All Village debts must be paid dose NOTE: A$100 payment or average bill amount required to obtain stamps Woodstock - No stamps required 121 W.Calhoun St 815-338-4300 * Final water bill must be paid Woodstock.I 60098-321 8 www.woodstockil.com Worth - $20 Water certification • Schedule final meter reading at least 7 years prior Seller 7112 W.111 th St (708)448-1181 - Final water bill must be paid to closing Worth,IL 60482 www.villaceofworth.com Yorkville - No stamps required • 800 Game Farrn Rd. 630-553-4350 • Final water bill must be paid Yorkville,IL 60560-0901 X=, 2rk)dIl2.il.us • Final water meter reading required. Call(847)746- 2828 Sheridan Road (847)746-4000 Zion - Final water bill must be paid! 4060 to schedule. Seller Zion,IL 60099 www.cftmfzion.com •First American will obtain stamps All transfer information is believed accurate. However,contact the taxing body directly for confirmation 18 of 18 The following list is a summary of the Community Development Committee topics and the outcome of those topics for the calendar year 2017: August 2017- Established a schedule for the 2017 calendar year of Committee meeting dates and topics of discussion. September 2017- Discussion on the current animal and fowl ordinance,this discussion focused on if the city would like to move forward with allowing backyard chickens, in the end the decision was made to not change the current ordinance and review it again in August of 2019 when more data from communities that allow backyard chickens was available. October 2017- Presentation of a draft copy of a Code Enforcement Strategy,this strategy is a working document and will take some times to finish, an update will be presented to the committee every month until it is finished. Placement of garbage receptacles was discussed and forwarded to council for action,the discussion focused on where receptacles should be placed when storing them. November 2017 Cancelled December 2017 Discussion on transfer stamps, 2018 calendar meeting dates, 2018 accomplishments The following dates are proposed meeting dates for the Community Development Committee during the 2018 Calendar Year: January 22, 2018 7:00 PM March 12, 2018 7:00 PM May 14, 2018 7:00 PM June 11, 2018 7:00 PM July 23, 2018 7:00 PM September 10, 2018 7:00 PM October 22, 2018 7:00 PM December 10, 2018 7:00 PM