Magoffin County Contract for Deed and Promissory Note Form

Magoffin County Contract for Deed Form
Fill in the blank form formatted to comply with all recording and content requirements.

Magoffin County Contract for Deed Guidelines
Line by line guide explaining every blank on the form.

Magoffin County Completed Example of the Contract for Deed
Example of a properly completed form for reference.

Magoffin County Promissory Note Form
Note that is secured by the Contract for Deed. Can be used for traditional installments or balloon payment.

Magoffin County Promissory Note Guidelines
Line by line guide explaining every blank on the form.

Magoffin County Completed Example of the Promissory Note
Example of a properly completed form for reference.

Magoffin 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 Magoffin County documents included at no extra charge:
Where to Record Your Documents
Magoffin County Clerk
Salyersville, Kentucky 41465
Hours: 8:30 to 4:00 Monday - Friday; 8:30 to 12:00 Saturday
Phone: (606) 349-2216
Recording Tips for Magoffin County:
- Double-check legal descriptions match your existing deed
- Avoid the last business day of the month when possible
- Make copies of your documents before recording - keep originals safe
- Multi-page documents may require additional fees per page
Cities and Jurisdictions in Magoffin County
Properties in any of these areas use Magoffin County forms:
- Falcon
- Gunlock
- Royalton
- Salyersville
Hours, fees, requirements, and more for Magoffin County
How do I get my forms?
Forms are available for immediate download after payment. The Magoffin 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 Magoffin County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Magoffin 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 Magoffin 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 Magoffin County?
Recording fees in Magoffin County vary. Contact the recorder's office at (606) 349-2216 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 Magoffin 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 Magoffin County.
Our Promise
The documents you receive here will meet, or exceed, the Magoffin 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 Magoffin 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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March 9th, 2021
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June 10th, 2019
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March 2nd, 2019
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March 22nd, 2019
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February 16th, 2022
All went well.
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Elizabeth P.
October 20th, 2020
Perfect quitclaim form. Easy to fill in with the required information and all the required information has a place (no easy feat in our county!). It is helpful that they include exhibit pages for larger blocks of information (our legal is 2 pages long). Great job folks!
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August 10th, 2023
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July 3rd, 2019
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December 7th, 2024
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September 1st, 2022
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Teri B.
January 7th, 2019
Glad to have all of the helpful extra information, even though they don't answer all questions for all situations. So, I accessed public records and asked questions at the auditor's office. Also, on my Mac computer, filling out the actual deed form is a challenge because the screen jumps to the last page everytime I try to type a few letters or hit the return key, so I'm rollling back up to the first 2 pages after most keystrokes. A bit annoying. Overall, happy to have these form options are available! There is really no need to wait and pay for an attorney when all the information needed is available via public records. Fill in the blanks!
Thanks so much for the feedback Teri. There are known issues between Adobe and Mac, we try to work around them as much as possible. Have a wonderful day!
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August 23rd, 2020
This site is awesome. It has everything I need to purchase and sell (transfer deed ownership) land and property. I cannot wait to get our new land and building for business. Thanks, Suhila
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December 9th, 2020
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November 23rd, 2020
extremely satisfied with the service. I could not get file size correctly at the beginning. I received quick responses pointing out specific problem, which was very helpful for me to correct the mistake. It took 5 or 6 times due to different errors to finally achieve the qualified version. The customer care team was very patient walking me through the process.
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August 28th, 2019
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