The Kentucky Affidavit Regarding the Identity of a Granter and Grantee of Real Property is a legal document used in the state of Kentucky to verify the identities of individuals involved in real estate transactions. This affidavit is typically required to be filed with the county clerk's office in the county where the property is located. The purpose of this affidavit is to ensure that the names stated on the real estate documents, such as the deed or mortgage, accurately represent the true identities of the granter (seller) and grantee (buyer). The affidavit helps prevent fraud and potential disputes by requiring the individuals involved to confirm their identities under oath. The Kentucky Affidavit Regarding the Identity of a Granter and Grantee of Real Property usually includes the following information: 1. Affine Information: The individual making the affidavit, known as the affine, must provide their full legal name, address, and contact details. 2. Property Details: The affidavit requires the complete address and legal description of the real property involved in the transaction. 3. Granter and Grantee Information: The affine must clearly state the full legal names, addresses, and contact information of the granter (seller) and the grantee (buyer) named in the real estate document. 4. Affirmation of Identity: The affine confirms that they personally know the granter and grantee named in the document and affirm under oath that the names stated in the real estate document are accurate and represent the true identities of the individuals involved. 5. Signature and Notarization: The affine must sign the affidavit in the presence of a notary public, who will also affix their seal and signature to attest to the authenticity of the affine's signature and oath. It's important to note that there may not be different types of Kentucky Affidavit Regarding the Identity of a Granter and Grantee of Real Property. However, variations or additional forms may exist depending on specific requirements set by individual counties. Therefore, it is recommended to contact the county clerk's office or consult with a real estate attorney to ensure compliance with the local regulations. Keywords: Kentucky, affidavit, granter, grantee, real property, identity, verification, legal document, county clerk, deed, mortgage, fraud, disputes, affine, property details, affirmation, notarization, signature.
Kentucky Affidavit Regarding the Identity of a Grantor and Grantee of Real Property
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How to fill out Kentucky Affidavit Regarding The Identity Of A Grantor And Grantee Of Real Property?
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A property deed is a written and signed legal instrument that is used to transfer ownership of the real property from the old owner (the grantor) to the new owner (the grantee).
Kentucky Affidavit of Descent Information Pursuant to Kentucky statute, the affiant (person making the sworn statements contained within the affidavit) may be the grantor or any one (1) of the heirs at law or next of kin of the ancestor of the grantor, or of two (2) residents of the Commonwealth of Kentucky.
A deed must provide a legal description of the real property, the source of the title, a preparation statement and a return mail address. The grantor is required to sign the deed, and this signature must be notarized. The grantor and grantee must sign the consideration statement, and their signatures must be notarized.
Deed transfer tax $0.50 per $500 value. A certified copy of Deed is $5.00.
A deed must provide a legal description of the real property, the source of the title, a preparation statement and a return mail address. The grantor is required to sign the deed, and this signature must be notarized. The grantor and grantee must sign the consideration statement, and their signatures must be notarized.
Even though executing and recording an affidavit of surviving joint tenant clears the title, the deceased owner's name remains on the deed. The only way to remove that name is by executing and recording a new deed, preferably including a copy of the recorded affidavit.
How to Write & File a Quitclaim Deed in KentuckyStep 1: Find your KY quitclaim form.Step 2: Gather the information you need.Step 3: Enter the information about the parties.Step 4: File the deed in the County Clerk's office of the county where the property is located, along with the consideration certificate.
When ownership in Kentucky is transferred, an excise tax of $. 50 for each $500 of value or fraction thereof, is levied on the value of the property. For example, the sale of a $200,000 home would require a $200 transfer tax to be paid.
In real estate, a grantee is the recipient of the property, and the grantor is a person that transfers ownership rights of a property to another person. However, the specifics of their transaction may vary depending on the situation. The official documents they use, such as a deed, detail their obligations.
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He has a great knowledge of the mortgage industry and knows the ins and outs of the financial markets. In his 25+ years at Lending Club, he has been closely involved in leading mortgage securitization efforts, both in the US and abroad. He has built relationships with the top loan originators and brokers in numerous markets, and has helped a large range of investors successfully raise capital through mortgage transactions. He has a great grasp of current market conditions and has been a vital member of our board overseeing the company's mortgage investment banking divisions and has the ability to influence the financial side of the business. Furthermore, he also has a deep understanding of all aspects of the mortgage industry and can be very helpful to our executives when we need to discuss any complex issues. Eric Granter Grantee Eric lives in Texas with his wife and two young daughters. He began his career as a mortgage executive with J.D.