***SPECIAL NOTE*** While the Atcher Municipal Center is closed to the public, we are processing real estate transfer stamps online. Please email your request to FinanceCollectors@schaumburg.com and allow up to 3 business days for processing. Be sure to include the following with your email request:
1. Address of Property requiring the transfer stamp with the closing date.
2. Completed transfer stamp application (e.g. select full consideration or exempt application below).
3. Required paperwork specified in transfer stamp application.
4. Name of individual and mailing address where transfer stamp should be mailed.
After the stamp is approved, a confirmation will be emailed detailing the total payment due and directions for payment. Prior to closing, please contact the water department with the closing date so an estimated final water reading can be calculated. After payment has been received, the transfer stamp will be mailed to you via USPS standard mail. As an option, you may email a pre-paid FedEx or UPS label to FinanceCollectors@schaumburg.com after your email confirmation has been received. Any over payment of water will be refunded.
Title 3, Chapter 36 of the Village Code imposes a tax on the transfer of title to real estate located in the village. The rate of the tax is $1 per $1,000 of value, or fraction thereof. The primary liability for the tax lies with the seller or grantor of the real estate. A Full Consideration transfer tax declaration form must be filed with the village along with payment of the transfer tax. See below for exempt and refund conditions. The form and payment are to be mailed or delivered to the village's Finance Department at 101 Schaumburg Court.
For further information on the real estate transfer tax, refer to Title 3, Chapter 36 of the Village Code or contact the Finance Department at 847.923.4539 or email FinanceCollectors@schaumburg.com to request a transfer stamp by email.