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

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

Contract for Deed Form

Mclean County Contract for Deed Form

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

Contract for Deed Guidelines

Mclean County Contract for Deed Guidelines

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

Completed Example of the Contract for Deed

Mclean County Completed Example of the Contract for Deed

Example of a properly completed form for reference.
Included Mclean County compliant document last validated/updated 5/27/2024

Promissory Note Form

Mclean County Promissory Note Form

Note that is secured by the Contract for Deed. Can be used for traditional installments or balloon payment.
Included Mclean County compliant document last validated/updated 11/1/2024

Promissory Note Guidelines

Mclean County Promissory Note Guidelines

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

Completed Example of the Promissory Note

Mclean County Completed Example of the Promissory Note

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

Annual Accounting Statement Form

Mclean 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 Mclean 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 Mclean County. The executed documents should then be recorded in the following office:

McLean County Clerk

210 Main St / PO Box 57, Calhoun, Kentucky 42327

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

Phone: (270) 273-3082

Local jurisdictions located in Mclean County include:

  • Beech Grove
  • Calhoun
  • Island
  • Livermore
  • Rumsey
  • Sacramento

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 Mclean 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 Mclean County using our eRecording service.
Are these forms guaranteed to be recordable in Mclean County?

Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Mclean 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 Mclean County that you need to transfer you would only need to order our forms once for all of your properties in Mclean County.

What are supplemental forms?

Often when a deed is recorded, additional documents are required by Kentucky or Mclean 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 Mclean 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 Mclean 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 Mclean 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 - ( 4434 Reviews )

James S.

November 21st, 2024

Forms used, created quitclaim deed that the county accepted without a second look (turns out they see deeds.com forms regularly via erecording and in person). Will be back for any real estate related forms I need and they carry. Will always be my first stop. Also, will use erecording next time, mad I didn't see it this time.

Reply from Staff

Thanks for the kind words James, glad we could help. Look forward to seeing you again.

Thomas G.

November 21st, 2024

Wasn’t what I expected

Reply from Staff

Sorry to hear that your expectations were missed. Your order has been canceled. We do hope that you find something more suitable to your expectations elsewhere. Do keep in mind that purchasing legal forms should not be an exploratory endeavor.

Jimmy P.

November 20th, 2024

They sent me everything I would need to do this. Easy purchase -Easy download. Great!! I'll be back here for all my document needs.

Reply from Staff

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

Anita M W.

May 17th, 2023

This process is outstanding, and it saved the hassle of going downtown and dealing with traffic.

Reply from Staff

Thank you for the kinds words Anita. Glad we could be of assistance. Have an amazing day!

Toshimi M.

May 24th, 2021

Sofar very good. Especially an example helps.

Reply from Staff

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

Robert P.

October 22nd, 2020

Excellent product. Wish I had found this site a week earlier. It would have saved me many hours of struggle and $40.00 in notary fees. Thanks and I will recommend to anyone needing forms.

Reply from Staff

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

Peter F.

February 25th, 2021

It was outstanding, seriously, I had 3 e mail correspondences asking for information and providing feedback within 2 hours and was ready for submission at that point.
I paid the invoice online and by the end of the day I had electronic verification that Registry of Deeds had processed my documents.

That work is good stuff !
Pete

Reply from Staff

Glad we could be of assistance Peter, thank you for the kinds words. Have an amazing day!

Solomon L.

October 10th, 2024

Great communication, this was my first e-recording.

Reply from Staff

Your feedback is greatly appreciated. Thank you for taking the time to share your experience!

Jana H.

December 23rd, 2020

I love this recording service! They are so fast and let me know in advance if they think something is wrong and will be rejected! They are reasonably priced too!

Reply from Staff

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

David S.

October 20th, 2020

I downloaded the quit claim deed form and saved it on my computer. I opened it with Adobe and filled it out. The space for the legal description was too small (2 lines only) which did not allow enough room for the long property description that I had.

Reply from Staff

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

Allen O.

November 29th, 2020

The website was easy to use and the forms will guide me as our family sells interest in property to other family members in Central New York.

Reply from Staff

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

MIchelle S.

June 18th, 2021

You had the generic document that I was looking for Yay!

The "example" page was helpful and reassuring.

The auto input sections of my document looked ok until i printed it and then it appeared to be out of alignment which is why my rating is lowered to 4 stars

it would be nice to have the ability to correct the title (created by me) when downloading PDFs for an e-filing

Reply from Staff

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

James G.

November 18th, 2019

Deed.com had some hard to find mineral interest deeds for Oklahoma.I'm an attorney in Texas with no Ok experience. The examples on Deed.com were very useful and saved me lots of time.
James G.

Reply from Staff

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

Betty J W.

May 31st, 2022

Was Totally Amazed, it was so easy to follow the example and I am 75 years old. I took my paper work in and it passed with flying colors.
Thank-You So much saved me $665.00.
BJW

Reply from Staff

Thank you!

Kerry H.

January 31st, 2019

Good experience - Just what I needed

Reply from Staff

Thank you Kerry, have an awesome day!