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(1) All deeds, mortgages and other instruments required by law to be recorded to be effectual against purchasers without notice, or creditors, shall be recorded in the county clerk's office of the county in which the property conveyed, or the greater part thereof, is located.
The following should be in a contract for deed: Purchase price. Interest rate. Down payment. Number of monthly installments. Buyer and seller information. Party responsibilities. Legal remedies in the event of default.
Kentucky deeds must include a statement of full consideration with the current owner's and new owner's notarized signatures. The statement of full consideration?also called a consideration statement?may appear on the face of the deed or within a separate consideration certificate attached to the deed.
"A Quitclaim deed is defined as follows: A deed of conveyance operating by way of release; that is, intended to pass any title, interest, or claim which the grantor may have in the premises, but not professing that such title is valid, nor containing any warranty or covenants for title. Black's Law Dictionary.
Go to the Land Office Services Index phone: (502) 564-3490. email. mail: Office of the Secretary of State. ?Capitol Annex, Land Office. 702 Capital Ave., Ste. T-21-B. Frankfort, KY 40601?
If you would like to obtain copies of records maintained by the Land Office, please print and return or submit online a Land Office Order Form. Prepayment is not required; an invoice will be included when your order is returned to you.
Law shall not prevent a person (not holding himself out as a practicing attorney) from writing a deed, mortgage, or will.
A contract for deed, also known as a "bond for deed," "land contract," or "installment land contract," is a transaction in which the seller finances the sale of his or her own property. In a contract for deed sale, the buyer agrees to pay the purchase price of the property in monthly installments.