Important Information Regarding Procedures
for Opening a New Account
To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means for our customers: when you open an account, we will ask you for your legal name, address, date of birth, and other information that will allow us to identify you. We will also ask for a copy of your driver’s license or other identifying information.
Effective January 1, 2017, Chicago Title Land Trust Company will begin requiring notarization of signatures on many of our forms.
We are taking this action to further protect your property from fraud and identity theft.
We will be able to notarize land trust forms signed in our presence in one of our 6 land trust offices: Chicago, Lisle, Oak Park, Orland Park, Rolling Meadows, and Skokie.
Additionally, we can offer mobile notary services to you for an additional separate fee.
Below are forms in PDF format regarding land trusts that do not necessarily require the assistance of an attorney. These forms are now interactive and can be saved with the information that you entered.
If you have any questions about our forms, please call Debra White at 312-223-4131. For other land trust questions, please contact your attorney or our Customer Service Unit toll-free at 888-878-7856.
These forms are provided for your convenience. As with any legal document, you may wish to consult with an attorney to be certain that your objectives are being met.
To make form completion easier, please save the blank form to your computer before entering your information and then SAVE AGAIN after completing the form.
(Click form name to download)
When the primary beneficiary dies, changes beneficial interest in the trust from the deceased to the contingent beneficiary(s).
Changes contingent beneficiary(s). The contingent beneficiary is the person(s) designated to inherit the beneficial interest upon the death of the primary beneficiary.
Used to change the party(s) who has power of direction.
Used by current beneficiary to make changes to the beneficial interest by assigning all or part of the beneficial interest in the trust to another party(s).
Required when the beneficiary is a corporation.
Transfers property into the land trust. Typically used when property has already been purchased.
Transfers property into the land trust. Typically used when purchasing the property directly into the trust.
Used to request issuance of a deed when property is being transferred out of the trust.
Must be provided to trustee prior to trustee acknowledging the Assignment of Beneficial Interest or Collateral Assignment of Beneficial Interest. Cook County is the only county that requires the Facsimile Assignment of Beneficial Interest to be recorded for all outright and collateral assignments. Transactions with consideration of $100 or more require recording in all counties.
The grantor-grantee statement is used in connection with the recording of a deed or facsimile in Cook County. This form is only used when the recording is exempt from the payment of transfer taxes. The grantor/beneficiary should execute this document as both Grantor and as Grantee. Chicago Title Land Trust Company does not sign as either.
Authorization by the party(s) having power of direction to execute documents. This form is not used to request a deed (Direction to Convey).
Required when the beneficiary is an LLC.
Used to notarize documents where there is no notary block.
Required when the beneficiary is a partnership.
Removes requirements for additional signatures or notifications.
Used to notify us to change how county tax bills should be addressed.
Required when the beneficial interest is held as tenants by the entirety.
Used to create the trust and it terms with the trustee.
Patriot Act information disclosure. Prior to opening an account and any addition of a beneficiary/power of direction holder, Chicago Title Land Trust Company is required to obtain proper identification of each customer.
Additional Information
Sample phrasing for establishing the beneficial interest and the contingent beneficial interest in the trust.