County Effective Dates

The recording effective dates at Cook and surrounding counties are as follows:
Cook - 2/7/08
Will - 1/30/08
Dupage - 2/11/08
McHenry - 2/8/08
Lake - 2/12/08
Kane - 1/31/08
Kendall - 12/28/07

New Cook County Recorder Fee Schedule

As of March 3, 2008, Cook County Ordinance #07-0-77 goes into affect. This was passed on November 6, 2007 by the Cook County Board of Commissioners, and effectively raised the Geographic Information System (GIS) fee from $3 to $15 dollars per recording.

The new fee structure will be as follows:

• $20.00 for the first two pages
• $2.00 Each additional page
• $3.00 Document Storage Fee
• $15.00 for GIS
• $10.00 for Rental Housing Support Program Surcharge.

It's all curative

How title insurance differs from P&C

Title insurance is a frequently misunderstood business. That is hardly a novel concept, but seldom is it more apparent than when title insurance is compared to property and casualty insurance. Over and over we read that title claims are extremely low when compared to the claims ratios of the P&C world. As a result, some believe that because title insurers pay claims at a much lower rate than P&C insures we must retain virtually all of the revenue from policy premiums. Were that true I’d have retired to a desert island long ago.

Read More (PDF)...

Author: Frank Pellegrini, President, Prairie Title

TitleTalk Article originally published in February 2008 issue of Metro Chicago Real Estate Magazine.

County Effective Dates

Today's County Effective Dates:

Cook - 1/25/08
Will - 1/11/08
Dupage - 1/25/08
Mchenry - 1/25/08
Lake - 1/28/08
Kane - 1/17/08
Kendall - 12/18/07

Current County Effective Dates

Below are the effective dates for Cook and surrounding counties:

Cook - 1/16/08
Will - 1/3/08
Dupage - 1/18/08
Mchenry - 1/18/08
Lake - 1/22/08
Kane - 1/11/08
Kendall - 12/10/07