Real Estate Transfer Stamps

Real Estate Transfer Stamp Information
Real Estate Transfer Stamps are required for property sold in the City of Rolling Meadows (some Palatine addresses are subject to this Fee).  The City of Rolling Meadows' Real Estate Transfer Stamps are $3 for each $1,000 of the property's sales price and are typically paid by the property's seller (some Palatine addresses are subject to this Fee).  However, new owners of foreclosed properties may be required to pay for the Real Estate Transfer Stamp. 

To obtain a Real Estate Transfer Stamp, please see the procedures listed below.  You must also call (847) 394-8500 to schedule a final water reading.  The final Utility Bill must be paid in order to receive the Real Estate Transfer Stamp.  In addition, all outstanding fines and fees must be paid in order to receive the Real Estate Transfer Stamp.

You may also be eligible for a refund of the Real Estate Transfer Tax if you move within the City of Rolling Meadows.  Inquire for further information at (847) 394-8500 or finance@cityrm.org 

There are two methods in which you can acquire the real estate transfer stamp:

By Mail:
In order to acquire the Real Estate Transfer Stamp by mail, send all the necessary documents as shown on the Real Estate Transfer Tax Form (PDF), along with an acceptable form of payment (personal or business checks or money orders) and a self addressed, postage paid return envelope. It is important that the payment amount is correct--make sure to double check your calculations. If the wrong amount is received we will return all forms and payment without issuing the stamp.

All required documents and payment should be mailed to: City of Rolling Meadows, Attn: Finance Department, 3600 Kirchoff Rd, Rolling Meadows, IL 60008

In Person:
In order to acquire the stamp in person, bring all necessary documents (as shown on the Real Estate Transfer Tax Form (PDF)) to the Finance Department on the first floor at City Hall. Real Estate Transfer Tax Forms are processed by the Finance Department daily between 8:00 a.m. and 3:30 p.m. Monday - Friday (except holidays). If submitted after 3:30 p.m., the stamp will be ready for pick up after 10AM the next business day. If more than two applications are submitted, the forms must be dropped off and may be picked up three hours later, or the next morning. Batches of six or more will be available two days later, at 10:00 a.m.

Further instructions are attached to the City of Rolling Meadows Real Estate Transfer Tax Form. Should you have any additional questions, please feel free to give the Finance Department a call at (847) 394-8500.


Late Fees

All transfer stamps, including exempt stamps, must be acquired within thirty days of the date of transfer. A late fee of $200 per month will apply on the 31st day and every 30 days thereafter.

NOTE: All monies due related to the subject property (including, but not limited to, final water bill, fees and fines) must be paid before a Real Estate Transfer Stamp will be issued. A representative of the owner may call in advance to inquire about any possible amounts due.