Kentucky Special Warranty Deed Form With Deed

State:
Kentucky
Control #:
KY-011-78
Format:
Word; 
Rich Text
Instant download

Description

This Warranty Deed from Corporation to Individual form is a Warranty Deed where the Grantor is a corporation and the Grantee is an individual. Grantor conveys and warrants the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.

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FAQ

The grantor (or agent) and grantee (or agent) must sign a sworn consideration statement and the signatures must be notarized. (KRS 382.135 and KRS 382.130) The document must be filed in the county clerk's office of the county where the property is located (or the greater part). KRS 382.110.

However, preparation of deeds and mortgages constitutes the practice of law and must be prepared by an attorney.

The special warranty gives the recipient (the ?grantee?) a guarantee that there are no claims against the title from the period that the transferor (?grantor?) owned the property. However, this type of deed offers no security regarding the actions of previous title holders.

Law shall not prevent a person (not holding himself out as a practicing attorney) from writing a deed, mortgage, or will.

What Are The Dangers Of A Special Warranty Deed? Property debts are tied to the property's title, so buyers agreeing to a special warranty deed assume all responsibility for any liens or claims against the property that may have existed prior to the seller's ownership.

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Kentucky Special Warranty Deed Form With Deed