Kentucky - Mercer County Memorandum of Contract Forms

Included Forms

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

Memorandum of Contract Form - Mercer County

Fill in the blank form formatted to comply with all recording and content requirements.
Included document last updated 3/30/2023

Memorandum Guidelines - Mercer County

Line by line guide explaining every blank on the form.
Included document last updated 3/21/2023

Completed Example of the Memorandum - Mercer County

Example of a properly completed form for reference.
Included document last updated 1/17/2023

Included Supplemental Documents

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

• Mercer County

Including:

• Burgin
• Harrodsburg
• Salvisa

What is the Kentucky Memorandum of Contract?

This form serves as notice that the Seller has agreed to sell, and Buyer has agreed to buy a specific property. Record this instrument when a Contract for Deed, Land Contract or Buy-Sell Purchase Agreement has been completed. This is done for a variety of reasons.

When parties want the details of a contract to be kept private.

When the Seller doesn't record the original Contract, very important for the Buyer to record a Memorandum of Contract. It serves as notice that the buyer is in fact purchasing the property, providing protection from further liens or encumbrances being placed on the property by the Seller. Memorandums are frequently recorded by buyers alone.

When owner financing is involved, and a buyer needs to finance property at a later point in time, a Lending Institution will most likely require a recorded Memorandum document. Further, banks like to see a history of payments, at least 12 months, often referred to as "Seasoning" a recorded Memorandum proves the subject property was under contract at a specific time.

For use in Kentucky Only.

Our Promise

The documents you receive here will meet, or exceed, the Mercer 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 Mercer County Memorandum of Contract 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 (3974 Reviews)

March 31st, 2023

Name: Fawn T.

Review: So easy, forms were great, examples of filled out forms, and instructions guide. Made it way easier, totally worth it!

Reply from Staff on March 31st, 2023

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

March 31st, 2023

Name: James D.

Review: I had a satisfying experience very informative and easy to navigate.

Reply from Staff on March 31st, 2023

Thank you!

March 30th, 2023

Name: Gina B.

Review: This website is reliable and informative. So glad I can across this website. They provide a wide range of documents that are always provided on the recording county website. Thanks!

Reply from Staff on March 30th, 2023

Thank you!

Name: Krissyn S.

Review: It was so easy to find, download, and use the form I needed. Literally took about 5 minutes and I was ready to go. I loved that the download included a sample form and a guide to help fill out the form properly.

Reply from Staff

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Name: Terrell W.

Review: Was a little hard to find the form but once I did everything worked well

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Name: Paula M.

Review: So far it seems good. I am still trying to send information to this company so they can help me with the deed.

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Name: arturo b d.

Review: just what I needed...thanks

Reply from Staff

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Name: Virginia C.

Review: I had a nice surprise seeing how fast the process was to download in a safe manner the documents. The example and guide to fill the original document are very valuable to facilitate the filling in. Thank you!!

Reply from Staff

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Name: Frank H.

Review: Form and instructions were useful. But I suggest creating a form for transferring a deed pursuant to a trust. The existing form is based on a will going through probate so it doesn't fit the trust situation in some respects.

Reply from Staff

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Name: Susan R.

Review: I found the documents I needed on Deeds.com. It was so easy to use and I received the items I purchased FAST! I'll be using their service again.

Reply from Staff

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Name: Maryel T.

Review: Good site, had the information I needed. Quicker than I expected. Thanks.

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Name: Catherine J S.

Review: Did not like that the lines aren't lining up smoothly to make the document look more professional.

Reply from Staff

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Name: SHERRI B.

Review: World class forms and service. Downloaded and prepared the deed in minutes. Used the recording service (digital), so convenient.

Reply from Staff

Thank you for the kind words Sherri. Have an amazing day!

Name: Duane L.

Review: Easy to use with very helpful directions.

Reply from Staff

Thank you!

Name: Jeffrey G.

Review: The documents requested were perfect! Very helpful, with instructions on how to complete and submit and unique to the county. They provided additional helpful documents that I would not have thought to ask for. Great job!

Reply from Staff

Thank you!