How must the real property transfer tax be paid in Illinois?

In Illinois, the real property transfer tax must be paid by purchasing transfer tax stamps from the county recorder's office. This method serves as official documentation that the transfer tax has been paid and allows the property transfer to be recorded in the public record. The issuance of transfer tax stamps is a critical component of the process, ensuring compliance with Illinois tax laws associated with property transfers.

The alternatives offered do not align with the standard procedure for handling transfer taxes in Illinois. For instance, while a personal or certified check could be a method of payment for other types of fees, it is not the stipulated process for real property transfer taxes. The suggestion of paying through monthly payments to a lender does not relate to transfer tax obligations at all, as real property transfer taxes are typically a one-time payment made at the time of the property transfer.