Romeoville

Romeoville: www.romeoville.org/.

The process to obtain transfer stamp:

• Air Quality Test Required Prior To Closing

1. If Passes – No action required
2. If Fails – Escrow to be deposited with buyers attorney. Buyer’s attorney must attach letter of deposit and copy of deposit ticket to Village.

• Walk Through Inspection with Village Required Prior to Closing

1. Electrical Inspection
2. Mechanical Inspection
3. Vacant Home Inspection
4. Affidavit must be signed by the buyer

• Clearance Letter (Good For 5 Days) Must be Obtained Prior to Closing.
  1. Water Meter Reading
  2. Village Liens
  3. Inspection Report(s) Completed

• Obtain Transfer Stamp At Village (BSCA To Obtain)

1. Original Copy of Deed
2. Contact Finance Department for an updated “Clearance Letter” good for 5-days.
3. P-Tax Form
4. HUD Exempt $40.00 fee paid
5. Stamp Fee $3.50/$1000.00

Transfer Stamp-Seller-Buyers Closing Agent to obtain HUD’s-$40.00 Exempt Stamp for closing.