Kentucky Partial Release of Lease
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How to fill out Partial Release Of Lease?
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FAQ
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.
However, preparation of deeds and mortgages constitutes the practice of law and must be prepared by an attorney.
Partial Release Clause is a provision under which the mortgagee agrees to release certain parcels from the lien of the blanket mortgage upon payment of a certain sum of money by the mortgagor. It's frequently found in tract development construction loans.
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.
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.
Kentucky charges a real estate transfer tax for recording a deed that transfers real estate. The transfer tax rate is $0.50 per $500.00 of the property's value.
(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.
