Download As Word Legal Kentucky Deed Forms For Free

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

The deed must be signed by both the grantor and grantee and acknowledged by an authorized individual. All signatures must be original. In Kentucky, deeds also require a preparation statement, comprised of the document preparer's name, address, and signature (KRS 382.335(1)).

(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 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.

Tax Rate from Transfer Charge The state-mandated transfer tax rate is $0.50 for each $500 of value (or fraction thereof) as declared in the deed transferring real property or interest in it, imposed upon the privilege of transferring title to real property.

If you are transferring ownership of real property from one owner to another, you must use an instrument called a deed. The deed contains the names of the current owner (the grantor) and the new owner (the grantee), the legal description of the property, and must be signed by the grantor.