Kentucky - Bourbon County Contract for Deed and Promissory Note Forms

Included Forms

All Bourbon County specific forms and documents listed below are included in your immediate download package:

Contract for Deed Form - Bourbon County

Fill in the blank form formatted to comply with all recording and content requirements.
Included document last updated 3/30/2023

Contract for Deed Guidelines - Bourbon County

Line by line guide explaining every blank on the form.
Included document last updated 3/22/2023

Completed Example of the Contract for Deed - Bourbon County

Example of a properly completed form for reference.
Included document last updated 2/10/2023

Promissory Note Form - Bourbon County

Note that is secured by the Contract for Deed. Can be used for traditional installments or balloon payment.
Included document last updated 3/30/2023

Promissory Note Guidelines - Bourbon County

Line by line guide explaining every blank on the form.
Included document last updated 9/27/2022

Completed Example of the Promissory Note - Bourbon County

Example of a properly completed form for reference.
Included document last updated 2/23/2023

Annual Accounting Statement Form - Bourbon County

Required annually to notify buyer of remaining balances.
Included document last updated 2/17/2023

Included Supplemental Documents

The Following Kentucky and Bourbon County supplemental forms are included as a courtesy with your order.

Consideration Certificate (Kentucky Document)

Consideration Certificate Exemptions (Kentucky Document)

Transfer Tax Information & Exemptions (Kentucky Document)

Kentucky Statute 132.810 Homestead exemption -- Application -- Qualification. (Kentucky Document)

Application for Exemption (Kentucky Document)

Frequently Asked Questions:

• How long does it take to get my forms?
  • Forms are available immediately after submitting payment.
• What are supplemental forms?
  • Often when a deed is recorded additional documents are required by Kentucky or Bourbon County. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.
• How do I get my forms, are they emailed?
  • After you submit payment you will see a page listing the Bourbon County forms you ordered with a download link to the pdf form file. You download the forms to your computer. You will also receive an email with a link to your download page in case you need it later.
• What type of files are the forms?
  • All of our Bourbon County Contract for Deed and Promissory Note forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.
• Can the Contract for Deed and Promissory Note forms be re-used?
  • Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Bourbon County that you need to transfer you would only need to order our forms once for all of your properties in Bourbon County.
• Are these forms guaranteed to be recordable in Bourbon County ?
  • Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Bourbon County including margin requirements, content requirements, font and font size requirements.
• Do I have to enter all of my property information online?
  • No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.
• Can I save the completed form, email it to someone?
  • Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.
• Do I need any special software to use these forms?
  • You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.
• Are there any recurring fees involved?
  • No. Nothing to cancel, no memberships, no recurring fees.

Areas covered by these Contract for Deed and Promissory Note Forms:

• Bourbon County

Including:

• Millersburg
• North Middletown
• Paris

What is the Kentucky Contract for Deed and Promissory Note?

Contract for Deed also known as a Land Contract
Included are Three forms:
(1) "Contract for Deed" evidenced by a Promissory Note and
(2) "Promissory Note" secured by a Contract for Deed.
(3) "Annual Accounting Statement"
This is considered a more secure method of owner financing than just a land contract because the promissory note is more elaborate and defining of late payments, defaults and penalties. Typically, a Contract for Deed is a recorded instrument, as where the promissory note is held onto by the Seller/Lender until the note is paid in full. These forms are governed by Kentucky law. A promissory note with strong default terms can be beneficial to the seller/lender.

The Contract for Deed form states that the consideration reflected is the fair market value for the property. The parties join this Contract for Deed for the sole purpose of certifying the consideration pursuant to Kentucky Revised Statutes Chapter 382. These forms offer the choice of typical installment payments or a balloon payment, which is common in land contracts, $XXX down, payments for 3-5 years with balance due of YYY.

For use in Kentucky Only.

Our Promise

The documents you receive here will meet, or exceed, the Bourbon County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.

Save Time and Money

Get your Bourbon County Contract for Deed and Promissory Note form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.

Customer Reviews:

4.8 out of 5 (3974 Reviews)

March 31st, 2023

Name: Fawn T.

Review: So easy, forms were great, examples of filled out forms, and instructions guide. Made it way easier, totally worth it!

Reply from Staff on March 31st, 2023

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March 31st, 2023

Name: James D.

Review: I had a satisfying experience very informative and easy to navigate.

Reply from Staff on March 31st, 2023

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March 30th, 2023

Name: Gina B.

Review: This website is reliable and informative. So glad I can across this website. They provide a wide range of documents that are always provided on the recording county website. Thanks!

Reply from Staff on March 30th, 2023

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Name: LINDA S.

Review: One thing I would suggest that could be changed is the last page because we have a trust and I had to retype that page to include the trust and both trustee's signatures.

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Name: Sherrl F.

Review: I had a excellent experience using DEEDS.COM. Very clear directions and site was easy to use. I paid the fee to have my deed electronically filed and it was done the day I requested it be filed.

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Review: Thanks

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Name: Sheryl C.

Review: Very Very helpful easy to navigate the guides and examples were great and informative. Great to have will be using for future transactions.

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Name: Lisa H.

Review: My recent experience with Deeds.com has been outstanding. I especially appreciated the sample filled-out deed but even more the explanation of the questions. i recommend to download both. It was very easy and fast. Thanks.

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Name: Madeleine W.

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Name: Judith F.

Review: The form I needed was perfect!

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Name: James D.

Review: It was very easy to set up the account but then everything is very costly. I didn't see any publications that were free to account holders, so as infrequently I have to do a title search, I may as well just hire an online service to do the legwork too.

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