Fayette County Contract for Deed and Promissory Note Forms (Kentucky)

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Form Package

Contract for Deed and Promissory Note

State

Kentucky

Area

Fayette County

Price

$27.97

Delivery

Immediate Download

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Included Forms

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

Contract for Deed Form

Contract for Deed Form

Fill in the blank form formatted to comply with all recording and content requirements.
Included document last reviewed/updated 11/13/2023

Contract for Deed Guidelines

Contract for Deed Guidelines

Line by line guide explaining every blank on the form.
Included document last reviewed/updated 11/28/2023

Completed Example of the Contract for Deed

Completed Example of the Contract for Deed

Example of a properly completed form for reference.
Included document last reviewed/updated 3/1/2024

Promissory Note Form

Promissory Note Form

Note that is secured by the Contract for Deed. Can be used for traditional installments or balloon payment.
Included document last reviewed/updated 8/30/2023

Promissory Note Guidelines

Promissory Note Guidelines

Line by line guide explaining every blank on the form.
Included document last reviewed/updated 1/15/2024

Completed Example of the Promissory Note

Completed Example of the Promissory Note

Example of a properly completed form for reference.
Included document last reviewed/updated 2/15/2024

Annual Accounting Statement Form

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 document last reviewed/updated 1/30/2024

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 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.

How do I get my forms, are they emailed?

After you submit payment you will see a page listing the Fayette 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 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.

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.

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.

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:

  • Fayette County

Including:

  • Lexington

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.

(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.

Reviews

4.8 out of 5 (4287 Reviews)

Viviana Hansen M.

March 3rd, 2024

I was thrilled that I could execute the paperwork for a lady bird deed here in Florida ! \r\nThank you

Reply from Staff

We are grateful for your feedback and looking forward to serving you again. Thank you!

Allison M.

February 28th, 2024

Completely painless process! Great customer service! Thank you for everything!

Reply from Staff

Your words of encouragement and feedback are greatly appreciated. They motivate us to maintain high standards in our service.

Kay Y.

February 27th, 2024

Fast and easy service.

Reply from Staff

Your words of encouragement and feedback are greatly appreciated. They motivate us to maintain high standards in our service.

Nellie V.

October 14th, 2019

You guys make it so easy. Thank you for that! Hugs!

Reply from Staff

Thank you Nellie!

Gisela A.

April 11th, 2019

Great selection of documents. Properly formatted form also included great instructions and the example was very helpful. Filed it myself - no problem!

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

Roland P.

December 28th, 2021

The website is easy to navigate. Unfortunately, you were not able to record the deed. However, I appreciate the fast response.

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!

HELEN F.

July 12th, 2019

Was straight to the point... Easy to read instructions... smooth process

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!

Jonathon K.

September 1st, 2023

Recording deeds from the comfort of my office has never been simpler thanks to Deeds.com. The service is affordable, fast, and extremely user friendly. I highly recommend anyone who needs a deed recorded in the state of Florida to look into this website, it has made my job much easier.

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

Jacqueline G.

July 29th, 2021

I'm 84 and not all that smart when it comes to what a Lawyer usually helps you with, but I took a chance to see if I could do this. Walla, I was able to do it. I was helping my son who had a stroke a few years ago and the transaction went well. Thank you.

Reply from Staff

Thank you for your feedback Jacqueline. We appreciate you.

alex b.

February 16th, 2021

I appreciate the very quick response that I received and I am very impressed with the access that you provide to records. I'm still in the process of trying to find out what's there but that will take a bit of time. All in all, you are to be commended for a first class operation.

Reply from Staff

Thank you!

Dave M.

March 10th, 2020

Service as needed.
A bit expensive.

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!

sean m.

April 28th, 2021

Wow everything I need in one place... what a concept. thanks Deeds.com for the deeds, the guides and the transfer certificate all included for a great price

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

Andrew T.

December 19th, 2023

The process was incredibly simple from start to finish. Someone from the team even sent a message to double check part of my document was filled out correctly. Will be bringing my business here in the future!

Reply from Staff

It was a pleasure serving you. Thank you for the positive feedback!

Cindy H.

January 16th, 2021

It was easy and quick. Such a pleasure to use since we live out of town. So convenient. Definitely would recommend.

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!

Charles E. M.

December 17th, 2020

5 stars...thanks for your fast and professional assistance.
Charles

Reply from Staff

Thank you!