Fausett Law Logog

Attorneys At Law

Attorneys practicing in and around the Chicagoland area. Experienced in the practice areas of Real Estate Law, Mortgage Foreclosure Defense Litigation, Business Law, & Estate Law.

Attorneys At Law - Attorneys practicing in and around the Chicagoland area. Experienced in the practice areas of Real Estate Law, Mortgage Foreclosure Defense Litigation, Business Law, & Estate Law.

An Important Change in Closing Table Procedures

The Illinois Department of Revenue (IDOR) is providing a new application, called MyDec, to electronically file real property transfer tax declarations and to print revenue stamps at our website at tax.illinois.gov. MyDec will replace the EZ Dec application currently used in Cook County and the city of Chicago by individuals, law firms and settlement agencies. Cook County and the city of Chicago will be the pilot users, but soon, the MyDec application will be available to every county in Illinois.

On the afternoon of June 12, 2014, EZ Dec will no longer be available.  It is being replaced by MyDec at tax.illinois.gov.  MyDec will become available on Monday, June 16, 2014. 

  • Declarations that were fully submitted for closing prior to that time will be converted into MyDec. Any declarations not submitted (“open” or “inactive” status in EZ Dec) before 2 p.m. on Thursday, June, 12, 2014, will not be converted and will not be retrievable in the new system. Review your accounts ahead of the scheduled transition date and time to verify that your declarations are either in “Submit for Closing” or “Accepted” status if you want to retain access to them. Declarations left in an “Open” or “Inactive” status will have to be recreated in MyDec after conversion.  

Click here for important information about how to prepare for the transition from EZ Dec to MyDec, including Informational Bulletin FY2014-15.  

Note: Prior to the implementation of MyDec, the Illinois Department of Revenue will contact current EZ Dec Account Administrators via email with additional information necessary to associate new MyDec accounts with those previously managed through EZ Dec.

   

 

 

 

Category: Blog, News & Events