Martin County Gift Deed Form

Martin County Gift Deed Form
Fill in the blank form formatted to comply with all recording and content requirements.

Martin County Gift Deed Guide
Line by line guide explaining every blank on the form.

Martin County Completed Example of the Gift Deed Document
Example of a properly completed form for reference.
All 3 documents above included • One-time purchase • No recurring fees
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Additional Kentucky and Martin County documents included at no extra charge:
Where to Record Your Documents
Martin County Clerk
Inez, Kentucky 41224
Hours: 8:00 to 5:00 Monday through Friday
Phone: (606) 298-3508
Recording Tips for Martin County:
- Verify all names are spelled correctly before recording
- Bring extra funds - fees can vary by document type and page count
- Recording early in the week helps ensure same-week processing
Cities and Jurisdictions in Martin County
Properties in any of these areas use Martin County forms:
- Beauty
- Debord
- Inez
- Lovely
- Pilgrim
- Tomahawk
- Warfield
Hours, fees, requirements, and more for Martin County
How do I get my forms?
Forms are available for immediate download after payment. The Martin 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 Martin County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Martin 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 Martin 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 Martin County?
Recording fees in Martin County vary. Contact the recorder's office at (606) 298-3508 for current fees.
Questions answered? Let's get started!
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
(Kentucky Gift Deed Package includes form, guidelines, and completed example)
Important: Your property must be located in Martin County to use these forms. Documents should be recorded at the office below.
This Gift Deed meets all recording requirements specific to Martin County.
Our Promise
The documents you receive here will meet, or exceed, the Martin 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 Martin 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.
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November 22nd, 2021
Appreciated the ability to not only download the form but the instruction's AND a sample.
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Walter K.
November 24th, 2021
Works ok but could have more specific information. My wife and I both own the Quit Claim property, should we both sign as Grantors?
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November 22nd, 2020
Easy to use; great back-up documentation; reasonably priced.
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David S.
April 6th, 2024
This site was recommended by my County's Clerks office website. Let me tell you when I received my specific State and County's Quit Claim Deed forms from Deeds.com, every conceivable form that could be needed in addition to the full instructions, and a sample filled out form, I was impressed (five stars) and made things so easy for me to feel confident in my legal activity on a land transaction.
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June 18th, 2021
You had the generic document that I was looking for Yay! The "example" page was helpful and reassuring. The auto input sections of my document looked ok until i printed it and then it appeared to be out of alignment which is why my rating is lowered to 4 stars it would be nice to have the ability to correct the title (created by me) when downloading PDFs for an e-filing
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May 14th, 2020
Loved your easy to follow instructions along with the paperwork forms that I was looking for. Would highly suggest this service to everyone. You should share this platform with other counties!! Extremely helpful
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December 15th, 2022
These forms were very easy to both download and print, as well as fill out on the site and then print. The instructions are clear and concise. We have not yet been to the County to file them, but we are expecting no issues.
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July 2nd, 2021
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February 10th, 2021
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May 9th, 2019
Assistance from the associate was good. He told me what I needed to hear and took the time to look up deeds that I was looking for. Though the deed was not available he gave me recommendation on my future calls to ask. Great personality and very helpful.
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April 25th, 2019
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June 24th, 2020
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