Rearrange Pages In Legal Kentucky Warranty Forms For Free

A Kentucky general warranty deed is used to transfer property from a seller (grantor) to a buyer (grantee) in Kentucky. A warranty deed provides a guarantee from the seller to the buyer that the property is clear of any title defects and that the seller has the legal authority to sell the property.

A traditional deed simply transfers the ownership of a property from one party to another (in other words, the seller to the buyer.) Whoever legally holds the deed is the rightful owner of the property. A warranty deed, on the other hand, contains special assurances that the seller makes to the buyer.

A general warranty deed does not now include a covenant against encumbrances. Because the grantor is making numerous present and future covenants about the title of the property being conveyed, a general warranty deed is the kind of deed that offers the most comprehensive level of protection to the buyer.

In Kentucky, deeds must be executed by two (2) witnesses or acknowledged by a notary public/county clerk prior to recording. Consideration Certificate (§ 382.135(1)(e)): Must be completed and filed with the deed if the property was a gift or was ?sold? for a nominal fee. Formatting: Real Estate Document Formatting.

(1) Unless a different purpose appears by express words or necessary inference, every estate in land created by deed or will, without words of inheritance, shall be deemed a fee simple or such other estate as the grantor or testator had power to dispose of.

If they were to be joint-tenants, the person who is capable shall take the whole. But if they were to be tenants in common, he shall have only ns particular share.