Madison County Contract for Deed and Promissory Note Form (Kentucky)

All Madison County specific forms and documents listed below are included in your immediate download package:

Contract for Deed Form

Madison County Contract for Deed Form

Fill in the blank form formatted to comply with all recording and content requirements.
Included Madison County compliant document last validated/updated 10/15/2024

Contract for Deed Guidelines

Madison County Contract for Deed Guidelines

Line by line guide explaining every blank on the form.
Included Madison County compliant document last validated/updated 5/17/2024

Completed Example of the Contract for Deed

Madison County Completed Example of the Contract for Deed

Example of a properly completed form for reference.
Included Madison County compliant document last validated/updated 11/29/2024

Promissory Note Form

Madison County Promissory Note Form

Note that is secured by the Contract for Deed. Can be used for traditional installments or balloon payment.
Included Madison County compliant document last validated/updated 12/2/2024

Promissory Note Guidelines

Madison County Promissory Note Guidelines

Line by line guide explaining every blank on the form.
Included Madison County compliant document last validated/updated 10/23/2024

Completed Example of the Promissory Note

Madison County Completed Example of the Promissory Note

Example of a properly completed form for reference.
Included Madison County compliant document last validated/updated 10/11/2024

Annual Accounting Statement Form

Madison County Annual Accounting Statement Form

Fill in the blank Contract for Deed and Promissory Note form formatted to comply with all Kentucky recording and content requirements.
Included Madison County compliant document last validated/updated 10/21/2024

When using these Contract for Deed and Promissory Note forms, the subject real estate must be physically located in Madison County. The executed documents should then be recorded in the following office:

Madison County Clerk

Courthouse - 101 W Main St, Suite 7, Richmond, Kentucky 40475

Hours: 8:00am to 4:30pm M-F

Phone: (859) 624-4703 Option 3

Local jurisdictions located in Madison County include:

  • Berea
  • Bighill
  • Richmond
  • Waco

How long does it take to get my forms?

Forms are available immediately after submitting payment.

How do I get my forms, are they emailed?

Immediately after you submit payment, the Madison County forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be provided to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance. Forms are NOT emailed to you.

What does "validated/updated" mean?

This indicates the most recent date when at least one of the following occurred:

  • Updated: The document was updated or changed to remain compliant.
  • Validated: The document was examined by an attorney or staff, or it was successfully recorded in Madison County using our eRecording service.
Are these forms guaranteed to be recordable in Madison County?

Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Madison County including margin requirements, content requirements, font and font size requirements.

Can the Contract for Deed and Promissory Note forms be re-used?

Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Madison County that you need to transfer you would only need to order our forms once for all of your properties in Madison County.

What are supplemental forms?

Often when a deed is recorded, additional documents are required by Kentucky or Madison County. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.

What type of files are the forms?

All of our Madison County Contract for Deed and Promissory Note forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.

Do I need any special software to use these forms?

You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.

Do I have to enter all of my property information online?

No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.

Can I save the completed form, email it to someone?

Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.

Are there any recurring fees involved?

No. Nothing to cancel, no memberships, no recurring fees.

Contract for Deed also known as a Land Contract
Included are Three forms:
(1) "Contract for Deed" evidenced by a Promissory Note and
(2) "Promissory Note" secured by a Contract for Deed.
(3) "Annual Accounting Statement"
This is considered a more secure method of owner financing than just a land contract because the promissory note is more elaborate and defining of late payments, defaults and penalties. Typically, a Contract for Deed is a recorded instrument, as where the promissory note is held onto by the Seller/Lender until the note is paid in full. These forms are governed by Kentucky law. A promissory note with strong default terms can be beneficial to the seller/lender.

The Contract for Deed form states that the consideration reflected is the fair market value for the property. The parties join this Contract for Deed for the sole purpose of certifying the consideration pursuant to Kentucky Revised Statutes Chapter 382. These forms offer the choice of typical installment payments or a balloon payment, which is common in land contracts, $XXX down, payments for 3-5 years with balance due of YYY.

(Kentucky Contract for Deed Package includes form, guidelines, and completed example) For use in Kentucky Only.

Our Promise

The documents you receive here will meet, or exceed, the Madison County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.

Save Time and Money

Get your Madison County Contract for Deed and Promissory Note form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.

4.8 out of 5 - ( 4448 Reviews )

Dorothy N.

December 22nd, 2024

The mortgage and note were thorough and very satisfactory for my purposes. The accompanying forms were excellent. I am very pleased with my purchase.

Reply from Staff

We welcome your positive feedback and are thrilled to have met your expectations. Thank you for choosing our services.

Edward E.

December 22nd, 2024

Easy to use.

Reply from Staff

Your feedback is valuable to us and helps us improve. Thank you for sharing your thoughts!

MARISSA G.

December 22nd, 2024

I recomemed this webside

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!

Rachel F.

February 18th, 2019

Easy and can add our own additional language in spaces provided. Thank you!

Reply from Staff

Thank you Rachel!

Sherry C.

September 9th, 2020

The experience was great. It was so easy to get my document recorded and it was done the same day!

Reply from Staff

Thank you!

Stephen E.

May 6th, 2020

Thank you for your great response on my needs. In less than 24 hours I had my documents in hand as needed.
Looking forward to working with Deeds.com again.
Steve Esler

Reply from Staff

Thank you for your feedback Steve, glad we could help.

Robert C.

November 20th, 2020

Great service! Easy to navigate and the instructions were perfectly understandable.

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

Daniel M.

May 24th, 2023

It was quick and easy!! I recommend this site for your needs!!

Reply from Staff

Really appreciate you Daniel, thanks for the kind words.

Howard K.

October 19th, 2020

Great products, quick downloads, the "guides" are extremely helpful. Overall 5 stars!

Reply from Staff

Thank you!

Sohaib R.

April 4th, 2022

Digital anything can be extremely convenient and quick, and my experience with Deeds.com has been exactly that. Very worth their fee. (I used them to record real property records/deeds in Texas).

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

mary s.

July 30th, 2021

It would help if pages of a document indicated 1 of 3 etc. When I downloaded the TOD guide I got a 4th page though it only showed 3 on the screen.

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!

Eddy C & Tina H.

May 11th, 2021

did not use, much to expensive.

Reply from Staff

Thank you for your feedback. We do hope that you found something more suitable to your needs elsewhere. Have a wondaful day.

Ann-Margaret G.

August 8th, 2022

Found what I was looking for quickly, no issues. Able to pay & download my forms. Haven't filed them yet so I can't review that process.

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

Carolyn L.

February 17th, 2021

Easy and quick and reasonable!

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!

Joseph L.

August 11th, 2021

I am an invalid and needed just one quitclaim form. I was able to quickly enter and complete the form. Unfortunately, it will probably be a last hurrah for me..

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!