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Deeds

March 3, 2011

Kentucky General Warranty Deed
Kentucky General Warranty Deed
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General Warranty Deed form is used to convey an interest in real estate. The General Warranty Deed guarantees that the title conveyed is good and its transfer rightful. A General Warranty Deed includes a promise by the person making it (i.e. the Grantor / Seller) that he/she will defend the Grantee (the person getting the property) from any and all claims of others.

A General Warranty Deed is used in most real estate deed transfers and offers the greatest protection of any deed.

This form is for use in Kentucky.

This package contains (1) Instructions and Checklist for General Warranty Deed; (2) Information about General Warranty Deed; and (3) General Warranty Deed.

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Kentucky Quitclaim Deed
Kentucky Quitclaim Deed
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This Quitclaim Deed form is used to convey an interest in real estate. A Quitclaim Deed does not include any promise or guarantee by the person making it (i.e. the Grantor) about the nature or quality of that interest, or even if any interest exists at all. This type of deed may be useful in cases where a party is unable to transfer a fee simple estate or make promises about the title.

This packet includes:
(1) Instructions & Checklist for Quitclaim Deed
(2) Information for Quitclaim Deed
(3) Quitclaim Deed form

State Law Compliance: Designed for use in Kentucky.

Among others, this form includes the following provisions:
Consideration paid
Grantor’s and Grantee’s name and address
City and County where property is located
Signature of parties
Notary Acknowledgment


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Kentucky Contract for Deed
Kentucky Contract for Deed
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A Contract for Deed is sometimes also know as a Land Contract, Agreement for Deed, Contract Sale or Real Estate Installment Agreement. This type of Document allows the Seller to retain the title to the property and agree to transfer the title to the Buyer once all the payments under the Agreement are made and all other obligations are met. In essence, the Seller finances the purchase and holds the title or deed as security. When the Buyer completes the required payments, the Seller must deliver valid legal title by way of a deed. During the period of the contract, the Buyer makes installment payments on the purchase price and is entitled to possession and equitable title to the property. The Seller holds legal title and continues to be liable for payment of any underlying mortgage.

This package contains:
(1) Instructions and Checklist for Contract for Deed
(2) Information about Contract for Deed; (3) Contract for Deed
(4) Disclosure Of Information On Lead-Based Paint and/or Lead-Based Paint Hazards.

State Law Compliance: This form can be used in all states except for California which has it’s own form package available on this site.

Among others, this form includes the following provisions:
Parties
Price and Payment
Security
AS-IS condition of Property
Deed and Evidence of Title
Title
Risk of Loss and Insurance
Prepayment
Default by Seller
Default by Buyer
Maintenance of Property
Notices
Assignment


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