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

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Form Package

Contract for Deed and Promissory Note

State

Kentucky

Area

Lyon County

Price

$27.97

Delivery

Immediate Download

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Included Forms

All Lyon 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 2/10/2023

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 11/17/2023

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 10/13/2023

Annual Accounting Statement Form

Annual Accounting Statement Form

Required annually to notify buyer of remaining balances.
Included document last reviewed/updated 11/21/2023

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 Lyon 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 Lyon 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 Lyon 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 Lyon County that you need to transfer you would only need to order our forms once for all of your properties in Lyon County.

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.

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:

  • Lyon County

Including:

  • Eddyville
  • Kuttawa

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 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.

Reviews

4.8 out of 5 (4212 Reviews)

Mark C.

November 29th, 2023

WOW! I am so pleased the County Registrar’s office recommended Deeds.com. From start to a very quick finish Deeds.com worked to ensure my documents were correct and they immediately filed them. The Warranty Deed was accepted by the County and registered within a hour. Deeds.com’s communication was superb. I will use this handy resource every time I am in need.

Reply from Staff

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Maria B.

November 27th, 2023

Deeds.com has excellent customer service and great processing times! I highly recommend their services.

Reply from Staff

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Joseph S.

November 27th, 2023

THIS IS MY FIRST EXPERIENCE WITH DEEDS.COM. I DLED THE ESTATE DEED FORM THAT I HOPE WILL GO THROUGH OK WITH THE COUNTY. IT WILL BE SOMETIME UNTIL I HAVE IT FILLED IN AND ALL THE NAMES IN, NORARIZED AND FILED. CAN I RECONTACT YOU FOLKS IF THERE IS A PROBLEM? THANK YOU, JOE SEUBERT

Reply from Staff

We are motivated by your feedback to continue delivering excellence. Thank you!

Michael M.

May 29th, 2019

My sale is a land contract and it is complicated. We were thinking we'd have to get an attorney. Your site is very thorough and helpful. We will still have an attorney look over our final papers --and we are still waiting on my deed from the bank to finalize our input. Had several questions, but they seemed to be answered as I went along. The actual process of downloading and saving and having a link went very smoothly. Thank you.

Reply from Staff

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Thuc P.

July 20th, 2021

Fast and good service. Very details in instructions.

Reply from Staff

Thank you!

ALAN C.

April 22nd, 2019

Everything was as advertised, and easily downloaded.

Reply from Staff

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

Gjnana D.

April 23rd, 2022

These guidelines and form helped me lot in preparing quit deed to add my spouse's name in tittle property

Reply from Staff

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

Robert S.

January 23rd, 2019

The cost was well worth it. It was very easy to download, fill in the necessary information and then print the deed. I filed my need deed today and everything was complete and accurate because of the example you provided.

Reply from Staff

Thanks Robert, we appreciate your feedback!

Gloria S.

October 31st, 2019

I needed a Contest of Lien form and was told by our County Department that the forms could be obtained online. The whole process of paying and receiving a PDF re-usable form was user friendly and the items that came with the purchase;the directions about filling out the form ect., were a fantastic addition for the price of the document. Happy customer!

Reply from Staff

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

James G.

March 30th, 2022

Very Happy. Forms saved me from making some very silly mistakes had I done them on my own.

Reply from Staff

Thank you!

John S.

June 29th, 2021

Your service is refreshingly clear, simple, and free of superfluous claims or unnecessary marketing. And, more affordable than other online legal document providers I've looked at. So nice! I forgot I had used it some years ago for another deed so glad you are still around for this time.

Reply from Staff

Thank you for the kind words John. Have a fantastic day!

Marcia D.

March 16th, 2023

Excellent... This website was awesome. Exactly what I was looking for.

Reply from Staff

Thank you!

Louise P.

April 28th, 2022

Easy to use

Reply from Staff

Thank you!

sara g.

June 10th, 2019

THIS WAS A USER FRIENDLY FORM, WAS ABLE TO COMPLETE WITHIN A SHORT TIME. THANK YOU

Reply from Staff

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

Francis L.

February 8th, 2023

You have duplicate documents in your listing of documents. please clean up.

Reply from Staff

Thank you!