Kentucky - Whitley County Contract for Deed and Promissory Note Forms

Included Forms

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

Contract for Deed Form - Whitley County

Fill in the blank form formatted to comply with all recording and content requirements.
Included document last updated 9/9/2022

Contract for Deed Guidelines - Whitley County

Line by line guide explaining every blank on the form.
Included document last updated 3/22/2023

Completed Example of the Contract for Deed - Whitley County

Example of a properly completed form for reference.
Included document last updated 2/10/2023

Promissory Note Secured by Contract Deed Form - Whitley County

Note that is secured by the Contract for Deed. Can be used for traditional installments or balloon payment.
Included document last updated 2/15/2023

Promissory Note Guidelines - Whitley County

Line by line guide explaining every blank on the form.
Included document last updated 9/27/2022

Completed Example of the Promissory Note - Whitley County

Example of a properly completed form for reference.
Included document last updated 2/23/2023

Annual Accounting Statement Form - Whitley County

Required annually to notify buyer of remaining balances.
Included document last updated 2/17/2023

Included Supplemental Documents

The Following Kentucky and Whitley County supplemental forms are included as a courtesy with your order.

Consideration Certificate (Kentucky Document)

Consideration Certificate Exemptions (Kentucky Document)

Transfer Tax Information & Exemptions (Kentucky Document)

Kentucky Statute 132.810 Homestead exemption -- Application -- Qualification. (Kentucky Document)

Application for Exemption (Kentucky Document)

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 Kentucky or Whitley 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 Whitley 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 Whitley 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 Whitley County that you need to transfer you would only need to order our forms once for all of your properties in Whitley County.
• Are these forms guaranteed to be recordable in Whitley County ?
  • Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Whitley 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:

• Whitley County

Including:

• Corbin
• Emlyn
• Rockholds
• Siler
• Williamsburg

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 Whitley 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 Whitley 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.

Customer Reviews:

4.8 out of 5 (3962 Reviews)

March 23rd, 2023

Name: MIchael T.

Review: very helpful in a trouble free manner.

Reply from Staff on March 23rd, 2023

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March 23rd, 2023

Name: Roger G.

Review: was difficult to find the location on the website to actually download the form I needed. Initially was directed only to information pages related to the form I needed

Reply from Staff on March 23rd, 2023

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March 23rd, 2023

Name: Walter C.

Review: Awesome everything you would ever need

Reply from Staff on March 23rd, 2023

Thank you!

Name: Jill M.

Review: This service gave me the information and guide I needed to file a Quitclaim Deed. I went through the process with no problems at all.

Reply from Staff

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Name: Glenda W.

Review: It is a very helpful and awesome website. I was so glad to hear about it. It is very convenient and saves money as well. I'm sure I will be using it again in the future. Thumbs up to deeds.com!

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Name: Dianna B.

Review: Amazingly easy! I absolutely love it because it is so efficient and I only have to pay for when I use it. I use to have to drive to the recorders office or to a Kiosk station. The turn-around time was really quick as well.

Reply from Staff

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Name: Barbara S.

Review: I had an issue due to the fact that I had many beneficiaries. I was and still am not sure how to handle this. We do have Adobe Pro and can modify the form, if needed. But I would like to talk to your organization for more information.

Reply from Staff

While we are unable to assist you specifically with completing the document we can note that this is addressed in the guide. Information that does not fit in the available space should be included in an exhibit page.

Name: Charles W.

Review: in one of the reviews, the person said they wished that there was more room allowed for use in the grantor section. the reply was that they were sorry but there was only enough room for what was there considering margins, etc. that is not true. on the forms i downloaded there was plenty of extra room at the top of the page (about 2 inches) that was not being used.

Reply from Staff

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Name: Richard T.

Review: This was a complete set of the necessary forms, with instructions. It will be very useful. Instant download was great.

Reply from Staff

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Name: Dakota H.

Review: Brilliant idea. Beats working with an attorney who charges $250+ per hour. Thanks.

Reply from Staff

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Name: Andrew M.

Review: Very easy to find the Quitclaim Deed form I needed. It was correct format and was accepted by my bank.

Reply from Staff

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Name: ARNOLD E.

Review: SO FAR SO GOOD! I AM STILL COMPLETING THE QUIT CLAIM DEED. THANKS....ARNIE

Reply from Staff

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Name: Joanna L.

Review: This is a great tool. It is easy to use and saves me a lot of time.

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Name: Edward S.

Review: Great Form and Easy to Use Guides and Samples

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Name: Sherry A L.

Review: fAST AND REASONABLE.. WOULD DO IT AGAIN IF I NEED TO. THANK YOU

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