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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).

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.

Laypersons may conduct real estate closings, but may not answer legal questions that arise at the closing, or offer any legal advice to the parties. However, preparation of deeds and mortgages constitutes the practice of law and must be prepared by an attorney.

Kentucky Homestead Rules Many states require a non-owner spouse to sign a deed that transfers a homestead solely owned by the other spouse. Kentucky does not specifically have that requirement, but Kentucky's dower law usually necessitates a non-owner spouse's signature on a homestead deed to release dower rights.

Kentucky requires the person transferring property (the grantor) and the person receiving property (the grantee) to sign the deed. A deed from or to more than one person must be signed by all grantors and grantees. A deed involving an entity must be signed by a representative with legal power to act for the entity.

While recording a deed does not affect its validity, it is extremely important to record since recordation protects the grantee. If a grantee fails to record, and another deed or any other document encumbering or affecting the title is recorded, the first grantee is in jeopardy.