Kentucky Partial Release of Deed of Trust

State:
Multi-State
Control #:
US-61437
Format:
Word; 
Rich Text
Instant download

Description

This form is a partial release. A bank releases from a certain deed of trust a particular piece of property described in the document. However, the form provides as to all other property covered by the deed of trust, the lien remains in full effect.
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How to fill out Partial Release Of Deed Of Trust?

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FAQ

It is possible to conduct a title search yourself, but it is not recommended. You would need to seek out the specific records at the county courthouse, recorder's office, county assessor office, and other locations.

Laws. Signing (KRS 382.130) ? All deeds must be signed in the presence of either two (2) subscribing witnesses or a notary public. Consideration Certificate ? Must be attached to the Quit Claim Deed before recording at the County Clerk's Office.

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

(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.

Kentucky has not authorized transfer-on-death (TOD) deeds. Property owners in states that allow TOD deeds can record a TOD deed during life without giving up any rights in the property until the owner's death.

The tax is computed at the rate of $. 50 for each $500 of value or fraction thereof. A deed cannot be recorded unless the real estate transfer tax has been collected.

The grantor must sign the deed and signatures must be acknowledged (notarized). The grantor and grantee must sign the consideration statement and the signatures must be notarized. The document must be filed in the county clerk's office of the county where the property is located (or the greater part).

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.

How much is a quitclaim deed in Kentucky? File a quitclaim deed on your property from your old name to your new name and file it with the Jefferson County Clerk's Office. There is a $17.00 fee to file this document.

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Kentucky Partial Release of Deed of Trust