Lyon County Contract for Deed and Promissory Note Form
Lyon County Contract for Deed Form
Fill in the blank form formatted to comply with all recording and content requirements.
Lyon County Contract for Deed Guidelines
Line by line guide explaining every blank on the form.
Lyon County Completed Example of the Contract for Deed
Example of a properly completed form for reference.
Lyon County Promissory Note Form
Note that is secured by the Contract for Deed. Can be used for traditional installments or balloon payment.
Lyon County Promissory Note Guidelines
Line by line guide explaining every blank on the form.
Lyon County Completed Example of the Promissory Note
Example of a properly completed form for reference.
Lyon County 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.
All 7 documents above included • One-time purchase • No recurring fees
Immediate Download • Secure Checkout
Additional Kentucky and Lyon County documents included at no extra charge:
Where to Record Your Documents
Lyon County Clerk
Eddyville, Kentucky 42038
Hours: 8:00 to 5:00 Monday; 8:00 to 4:00 Tuesday through Friday
Phone: (270) 388-2331
Recording Tips for Lyon County:
- Bring your driver's license or state-issued photo ID
- Bring extra funds - fees can vary by document type and page count
- Recorded documents become public record - avoid including SSNs
- Avoid the last business day of the month when possible
- Leave recording info boxes blank - the office fills these
Cities and Jurisdictions in Lyon County
Properties in any of these areas use Lyon County forms:
- Eddyville
- Kuttawa
Hours, fees, requirements, and more for Lyon County
How do I get my forms?
Forms are available for immediate download after payment. The Lyon County forms will be in your account ready to download to your computer. An account is created for you during checkout if you don't have one. Forms are NOT emailed.
Are these forms guaranteed to be recordable in Lyon County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Lyon County including margin requirements, content requirements, font and font size requirements.
Can I reuse these forms?
Yes. You can reuse the forms for your personal use. For example, if you have multiple properties in Lyon County you only need to order once.
What do I need to use these forms?
The forms are PDFs that you fill out on your computer. You'll need Adobe Reader (free software that most computers already have). You do NOT enter your property information online - you download the blank forms and complete them privately on your own computer.
Are there any recurring fees?
No. This is a one-time purchase. Nothing to cancel, no memberships, no recurring fees.
How much does it cost to record in Lyon County?
Recording fees in Lyon County vary. Contact the recorder's office at (270) 388-2331 for current fees.
Questions answered? Let's get started!
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.
Important: Your property must be located in Lyon County to use these forms. Documents should be recorded at the office below.
This Contract for Deed and Promissory Note meets all recording requirements specific to Lyon County.
Our Promise
The documents you receive here will meet, or exceed, the Lyon 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 Lyon 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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July 14th, 2020
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