(A) At such time as the tax levied by this article is paid, there shall be filed with the Director of Finance a declaration, on a form prescribed by the Director of Finance. The declaration shall be signed by at least one of the sellers and also by at least one of the buyers in the transaction or by the attorneys or agents for the sellers and buyers. The declaration shall state information including, but not limited to:
(1) The value of the real property or beneficial interest in real property located in the village so transferred;
(2) The parcel identifying number of the property;
(3) The legal description of the property;
(4) The date of the deed, the date the transfer was effected, or the date of the trust document;
(5) The type of deed, transfer or trust document;
(6) The common address of the property;
(7) The type of improvement, if any, on the property;
(8) Information as to whether the transfer is between related individuals or corporate affiliates or is a compulsory transaction;
(9) The lot size or acreage;
(10) The value of personal property sold with the real estate;
(11) The year the contract was initiated if an installment sale; and
(12) The name, address, telephone number of the person preparing the declaration.
(B) A deed, a document transferring a controlling interest in real property, or a trust document shall not be accepted for recordation unless it is accompanied by a declaration containing all the information requested in the declaration. A copy of the State of Illinois Real Estate Transfer Tax Declaration form may be filed with the village in satisfaction of this requirement.
(Ord. 92-04-41, passed 4-14-1992; Ord. 93-02-18, passed 2-23-1993; Ord. 2004-06-33, passed 6-7-2004)