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

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

Contract for Deed Form

Mercer County Contract for Deed Form

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

Contract for Deed Guidelines

Mercer County Contract for Deed Guidelines

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

Completed Example of the Contract for Deed

Mercer County Completed Example of the Contract for Deed

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

Promissory Note Form

Mercer County Promissory Note Form

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

Promissory Note Guidelines

Mercer County Promissory Note Guidelines

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

Completed Example of the Promissory Note

Mercer County Completed Example of the Promissory Note

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

Annual Accounting Statement Form

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

Mercer County Clerk

207 W Lexington St / PO Box 426, Harrodsburg, Kentucky 40330-0426

Hours: 8:00 to 4:00 Monday through Friday

Phone: (859) 734-6310

Local jurisdictions located in Mercer County include:

  • Burgin
  • Harrodsburg
  • Salvisa

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

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

What are supplemental forms?

Often when a deed is recorded, additional documents are required by Kentucky or Mercer 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 Mercer 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 Mercer 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 Mercer 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!

Michael T.

July 6th, 2020

Quick, simple and easy.

Reply from Staff

Thank you!

chris a.

February 17th, 2021

It was easy to complete the deed but on the third page I only need one signature in stead of 3 I need to delete 2 or put n//a in those blocks I will continue to use your services and have recommended it to others

Reply from Staff

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

Kevin M.

April 2nd, 2022

good so far. will wait to see what happens

Reply from Staff

Thank you!

Thomas A.

February 25th, 2021

Deeds.com is an easy-to-use resource for the busy real estate practitioner
.

Reply from Staff

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

Patrick N.

October 18th, 2020

Everything I expected. Faster and less expensive than my lawyer.

Reply from Staff

Thank you!

Deborah D.

January 12th, 2021

Very easy to use, got everything I needed. Reasonable price.

Reply from Staff

Thank you!

HAMIDREZA M.

March 22nd, 2021

excellent service

Reply from Staff

Thank you!

Mark S.

June 28th, 2022

The forms were easy to fill in and file. I've never filed anything like this before and the forms made it extremely easy.
Thank you so much!

Reply from Staff

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

Armando R.

February 17th, 2021

Great service, quick and affordable. Thank you!

Reply from Staff

Thank you!

TEDDY Y.

January 29th, 2022

this experience was made possible with the ease of using your service thank you

Reply from Staff

Thank you!

Carol T.

February 26th, 2020

Very east process. Good job!

Reply from Staff

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

Lawrence D.

March 14th, 2019

My first time using it; very fast service. I am an estate planning attorney (44 years). None of my old title company contacts are around anymore to provide deed copies, so this is a great source. I will be using it again.

Reply from Staff

Thank you Lawrence, we appreciate your feedback. Have a fantastic day!