Grant County Gift Deed Forms (Kentucky)

Express Checkout

Form Package

Gift Deed

State

Kentucky

Area

Grant County

Price

$27.97

Delivery

Immediate Download

Payment Information

Please provide a valid email.
Please provide a valid first name.
Please provide a valid last name.
Please provide a valid card number.
Please provide a valid security code.
Please provide a valid billing zip code.
You must agree before submitting.
You must agree before submitting.

Included Forms

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

Gift Deed Form

Gift Deed Form

Fill in the blank form formatted to comply with all recording and content requirements.
Included document last reviewed/updated 10/31/2023

Gift Deed Guide

Gift Deed Guide

Line by line guide explaining every blank on the form.
Included document last reviewed/updated 11/17/2023

Completed Example of the Gift Deed Document

Completed Example of the Gift Deed Document

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

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

Are these forms guaranteed to be recordable in Grant County?

Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Grant 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 Gift Deed Forms:

  • Grant County

Including:

  • Corinth
  • Crittenden
  • Dry Ridge
  • Jonesville
  • Mason
  • Williamstown

What is the Kentucky Gift Deed

Gift deeds convey title to real property from one party to another with no exchange of consideration, monetary or otherwise. Often used to transfer property between family members or to gift property as a charitable act or donation, these conveyances occur during the grantor's lifetime. Gift deeds must contain language that explicitly states that no consideration is expected or required. Ambiguous language, or references to any type of consideration, can make the gift deed contestable in court.

A lawful gift deed includes the grantor's full name and marital status, as well as the grantee's full name, marital status, vesting information, and mailing address. Vesting describes how the grantee holds title to the property. Generally, real property is owned in either sole ownership or co-ownership. For Kentucky residential property, the primary methods for holding title are tenancy in common, joint tenancy, and tenancy by the entirety. An estate conveyed to two or more persons is considered a tenancy in common, unless a joint tenancy is specified. An estate conveyed to a husband and wife vests as a tenancy in common, unless a tenancy by the entirety with full right of survivorship is expressly stated (KRS 381.050).

As with any conveyance of realty, a gift deed requires a complete legal description of the parcel. Recite the prior deed reference to maintain a clear chain of title, and detail any restrictions associated with the property.

In Kentucky, most conveyances of real property require a statement of consideration. A transfer tax is levied based on the actual consideration stated and paid. When real property is gifted from one party to another and no consideration is exchanged, tax is paid on the property's estimated value, so that amount must be stated within the instrument (KRS 382.135(1)(e)). "Value," as defined by KRS 142.050(1)(b)(2), is "the estimated price the property would bring in an open market and under the then prevailing market conditions in a sale between a willing seller and a willing buyer, both conversant with the property and with prevailing general price levels." Each grantee must join in signing to certify the consideration statement.

The deed must be signed by both the grantor and grantee and acknowledged by an authorized individual. All signatures must be original. In Kentucky, deeds also require a preparation statement, comprised of the document preparer's name, address, and signature (KRS 382.335(1)). Instruments also require the name and address of the person to receive future tax statements on the subject property (KRS 382.135(1)(d)).

Record the completed gift deed with the clerk's office in the county where the subject property is located. Contact the same office to confirm recording fees and accepted forms of payment.

With gifts of real property, the recipient of the gift (grantee or donee) is not required to declare the amount of the gift as income, but if the property accrues income after the transaction, the grantee is responsible for paying the requisite state and federal income tax [1].

In Kentucky, there is no state gift tax, but gifts of real property are subject to the federal gift tax. The person or entity making the gift (grantor or donor) is responsible for paying the federal gift tax; however, if the donor does not pay the gift tax, the donee (grantee) will be held liable [1]. In accordance with federal law, individuals are permitted an annual exclusion of $15,000 on gifts. This means that gifts valued below $15,000 do not require a federal gift tax return (Form 709). However, if the gift's value could possibly be disputed by the IRS, a donor may benefit from filing a Form 709 [2].

This article is provided for informational purposes only and is not a substitute for the advice of an attorney. Contact a Kentucky lawyer with any questions about gift deeds or other matters related to the transfer of real property.

[1] http://msuextension.org/publications/FamilyFinancialManagement/MT199105HR.pdf
[2] https://www.irs.gov/businesses/small-businesses-self-employed/frequently-asked-questions-on-gift-taxes

Our Promise

The documents you receive here will meet, or exceed, the Grant 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 Grant County Gift Deed 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 (4211 Reviews)

Maria B.

November 27th, 2023

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

Reply from Staff

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

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!

Ralph B.

November 25th, 2023

My needs were met quickly and efficiently with very little wait. Deeds.com made it easy to understand and use their program and I couldn\'t be more happy with the results!

Reply from Staff

It was a pleasure serving you. Thank you for the positive feedback!

Alan S.

April 28th, 2020

Great job! Fast and easy. Terrific communications.

Reply from Staff

Thank you!

THOMAS C.

September 16th, 2020

Thank you for the fine, easy to implement service.

Reply from Staff

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

Hans K.

November 7th, 2020

The deeds.com site provides clarifying useful information for the do-it-yourself type of person.

Reply from Staff

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

Gail M.

October 27th, 2022

Great website. Once submit payment documents are immediately emailed, easy to print and clear format. Will definitely use again!

Reply from Staff

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

Corinne S.

December 3rd, 2019

Did not need power to "serve" contractor. All work done well, paid for, nothing more. Worth noting when things could go awry!

Reply from Staff

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

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

Karen R.

June 9th, 2023

Easy to access and reasonable pricing, thank you deeds.com!

Reply from Staff

Thank you!

Donna C.

June 24th, 2021

I was very impressed with the system. Easy to navigate. Took less than 15 minutes to get what I needed.

Reply from Staff

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

Griselle M.

April 9th, 2020

Great service - it was my first time using the service and really recommend it. Due to COVID-19, my County Recorder's Office is closed and I was able to create the document using their vast templates, notarize it, and upload it into the system. The recording process took about 7 working days which is not bad considering that most people are working remotely. I will share this website and its many resources with my relatives and friends.

Reply from Staff

Thank you Griselle, glad we could help.

Monica D. N.

April 8th, 2019

The Web site is very intuitive, organized well and forms are easily found. The instructions provided are very helpful. Value in terms of price is very good.

Reply from Staff

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

patricia l.

February 16th, 2019

found this site very easy to use

Reply from Staff

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

Donna W.

October 6th, 2022

Answered all of my questions and was very easy to use. I will use Deeds.com to do all of my real estate forms from now on. Thanks.

Reply from Staff

Thank you!