Mclean County Contract for Deed and Promissory Note Form

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

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

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

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

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

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

Mclean 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 Mclean County documents included at no extra charge:
Where to Record Your Documents
McLean County Clerk
Calhoun, Kentucky 42327
Hours: 8:00 to 4:30 M-F
Phone: (270) 273-3082
Recording Tips for Mclean County:
- Documents must be on 8.5 x 11 inch white paper
- Double-check legal descriptions match your existing deed
- Recorded documents become public record - avoid including SSNs
Cities and Jurisdictions in Mclean County
Properties in any of these areas use Mclean County forms:
- Beech Grove
- Calhoun
- Island
- Livermore
- Rumsey
- Sacramento
Hours, fees, requirements, and more for Mclean County
How do I get my forms?
Forms are available for immediate download after payment. The Mclean 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 Mclean County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Mclean 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 Mclean 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 Mclean County?
Recording fees in Mclean County vary. Contact the recorder's office at (270) 273-3082 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 Mclean 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 Mclean County.
Our Promise
The documents you receive here will meet, or exceed, the Mclean 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 Mclean 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.
4.8 out of 5 - ( 4574 Reviews )
janelle s.
September 15th, 2020
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May 7th, 2021
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December 9th, 2020
excellent transaction...very informative prior to purchase..
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October 28th, 2020
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January 13th, 2019
Unfortunately, it wasn't the information I needed. I wanted something that could remove my husbands name on our deed, because he passed away last month.
Sorry to hear about your situation Judith. The document you selected is one that would need to be used during the grantor's lifetime. Under the circumstances, we have canceled your order and refunded your payment.
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September 11th, 2020
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January 4th, 2023
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May 22nd, 2019
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January 25th, 2022
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