Fayette County Contract for Deed and Promissory Note Form (Kentucky)
All Fayette County specific forms and documents listed below are included in your immediate download package:
Contract for Deed Form
Fill in the blank form formatted to comply with all recording and content requirements.
Included Fayette County compliant document last validated/updated 5/27/2024
Contract for Deed Guidelines
Line by line guide explaining every blank on the form.
Included Fayette County compliant document last validated/updated 5/17/2024
Completed Example of the Contract for Deed
Example of a properly completed form for reference.
Included Fayette County compliant document last validated/updated 5/27/2024
Promissory Note Form
Note that is secured by the Contract for Deed. Can be used for traditional installments or balloon payment.
Included Fayette County compliant document last validated/updated 7/12/2024
Promissory Note Guidelines
Line by line guide explaining every blank on the form.
Included Fayette County compliant document last validated/updated 7/3/2024
Completed Example of the Promissory Note
Example of a properly completed form for reference.
Included Fayette County compliant document last validated/updated 6/14/2024
Annual Accounting Statement Form
Fill in the blank Contract for Deed and Promissory Note form formatted to comply with all Kentucky recording and content requirements.
Included Fayette County compliant document last validated/updated 5/10/2024
The following Kentucky and Fayette County supplemental forms are included as a courtesy with your order:
When using these Contract for Deed and Promissory Note forms, the subject real estate must be physically located in Fayette County. The executed documents should then be recorded in the following office:
Fayette County Clerk
162 E Main St, Rm 132, Lexington, Kentucky 40507
Hours: 8:00 to 4:00 M-F
Phone: 859-253-3344
Local jurisdictions located in Fayette County include:
- Lexington
How long does it take to get my forms?
Forms are available immediately after submitting payment.
How do I get my forms, are they emailed?
Immediately after you submit payment, the Fayette County forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be provided to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance. Forms are NOT emailed to you.
What does "validated/updated" mean?
This indicates the most recent date when at least one of the following occurred:
- Updated: The document was updated or changed to remain compliant.
- Validated: The document was examined by an attorney or staff, or it was successfully recorded in Fayette County using our eRecording service.
Are these forms guaranteed to be recordable in Fayette County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Fayette County including margin requirements, content requirements, font and font size requirements.
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 Fayette County that you need to transfer you would only need to order our forms once for all of your properties in Fayette County.
What are supplemental forms?
Often when a deed is recorded, additional documents are required by Kentucky or Fayette 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.
What type of files are the forms?
All of our Fayette 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.
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.
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.
Are there any recurring fees involved?
No. Nothing to cancel, no memberships, no recurring fees.
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.
(Kentucky Contract for Deed Package includes form, guidelines, and completed example) For use in Kentucky Only.
Our Promise
The documents you receive here will meet, or exceed, the Fayette 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 Fayette 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.
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AARON D.
July 26th, 2024
Forms were great ! Cancelled my lawyer's appointment & utilized your forms.rn
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Anne H.
July 25th, 2024
After some initial general confusion -- (we sold a small piece of land privately and therefore do not typically prepare such documentation (!)) -- we were able to purchase and download all forms from Deeds.com and understand how to complete it/them. The help is all there, we just needed to read and study it - the "Example" helped alot. We were able to complete the Document per your online form(s) and then take it to be signed/notarized - and take the completed paper document to the Registry -- and it is now all registered and we are All Set. rn Took the morning (only). THANK YOU. A wonderful tool!!
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charles b.
July 21st, 2024
The product I needed was available, easy to download, access and complete. The instructions were very helpful. I had previously purchased another product which was terrible. I highly recommend Deeds.com
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Nancy J.
September 9th, 2020
It is helpful that an example of filled out form is included.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Stephen N.
February 11th, 2021
Excellent service.
Thank you!
Abby H.
September 1st, 2020
Purchased the forms to make a deed. They were available immediately as promised. Easy to use. The guide and example was a big help. Will definitely use again if/when needed. Thanks.
Thank you Abby, we appreciate you. Have a great day!
TIFFANY B.
April 24th, 2024
THIS SERVICE IS AMAZING! IT SAVES ME SO MUCH TIME!
We are grateful for your engagement and feedback, which help us to serve you better. Thank you for being an integral part of our community.
Nancy O.
July 27th, 2023
Outstanding forms and service. Liked that the main deed forms were PDF so I could fill them out on my laptop, in my own time, instead of some online Q/A auto populate system. Guide was helpful, as was the completed sample. Used the erecording service to file the deed, amazing.
Thank you for your wonderful review Nancy! Our team takes pride in providing helpful resources, and we are pleased that the guide and completed sample were beneficial to you throughout the process. Making the deed filing journey smoother for our users is always our top priority.
Andrew M.
March 20th, 2021
Very easy to find the Quitclaim Deed form I needed. It was correct format and was accepted by my bank.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Janalee T.
April 17th, 2020
Fast, easy. quickly accepted by county recorder.
Thank you!
Lorie C.
April 15th, 2023
Easy and effective...surely saved hundreds by avoiding a lawyer.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Barbara A.
January 27th, 2023
Much easier than going to the courthouse!
Thank you for your feedback. We really appreciate it. Have a great day!
Helen B.
January 15th, 2021
Very Good!
Thank you!
RICHARD M.
May 12th, 2020
After a little glitch due to heavy volume at the County Recorder, my document was recorded. County Recorder was closed to public access at the office (due to the coronavirus issues) so all documents were either mailed to them or sent in electronically.
Deeds.com was very efficient at their end with very quick responses to my questions and concerns. I would definitely use their services again.
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Phillip S.
February 14th, 2024
I used the Oklahoma Gift Deed transferring property intra-family, and found it easy to complete. I could not find an Oklahoma Affidavit for the new law re citizenship verification, 60 O.S. Sec 121 and found it at another site that was not a fill in online. Oh well. Site was easy to navigate.
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