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Updated over 6 years ago on . Most recent reply

User Stats

12
Posts
1
Votes
Steve Rogers
  • Glendale Heights, IL
1
Votes |
12
Posts

Question about back property taxes after quitclaim deed transfer

Steve Rogers
  • Glendale Heights, IL
Posted

Chicago IL, Cook County

In mid 2015, a property was quit claimed to me, it was recorded on 2/10/2017 according to the recorder of deeds website

In December of 2017, I paid a lawyer to quit claim the property to my brother, it was recorded on 1/10/2018, recorder of deeds website

1/27/2018 I receive a tax bill in the mail addressed to me OR current owner. I asked my lawyer (the one who filed the quit claim deed) and he said I am not responsible as I am no longer the owner and transferred my interest to my brother. I assume the reason why this was addressed this way is because it was less than 3 weeks after the quitclaim was recorded

Checked again today on 7/23/2018 on the Cook County Treasurer website. The current tax bill is addressed to my brother and his address. However it states that the 2013, 2014 and 2015 taxes have been forfeited which I assume means sold. 2016 says no taxes sold.

My brother is a massive degenerate and loser, his credit is already destroyed and he's filed for bankruptcy and owes over 400K to the IRS. So when this property inevitably gets foreclosed on due to back taxes, he won't care what it does to his credit.

However can this property being foreclosed on, can this have any affect on my credit score at all? My lawyer said I'm not responsible for the current taxes owed because I'm not the owner but I'm more worried about what may happen when Cook county forecloses on this property.

Most Popular Reply

Account Closed
  • Attorney
  • Skokie, IL
109
Votes |
270
Posts
Account Closed
  • Attorney
  • Skokie, IL
Replied

Sorry I misunderstood, yes your clear

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