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
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
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
Example of a properly completed form for reference.
Included Mercer County compliant document last validated/updated 11/29/2024
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 12/2/2024
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
Example of a properly completed form for reference.
Included Mercer County compliant document last validated/updated 10/11/2024
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
The following Kentucky and Mercer County supplemental forms are included as a courtesy with your order:
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.
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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.
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December 22nd, 2024
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December 22nd, 2024
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Donna M.
November 22nd, 2021
Appreciated the ability to not only download the form but the instruction's AND a sample.
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September 21st, 2021
World class forms and service! Wish I had known about this site years ago, woulda saved me lots of headaches. Thank you.
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Stan B.
March 19th, 2022
Very satisfied with the PDF documents that I purchased. Will be able to transfer property without hiring an attorney.
Well worth the price I paid.
Stan
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Christopher B.
November 26th, 2019
Record retrieval by staff is very prompt!!! Great customer service for sure!
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Kris S.
July 15th, 2021
Being a real estate agent I know just enough about legal documents to get in trouble. Thankfully the pros here know what they are doing.
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Robert B.
June 15th, 2020
Excellent Service
I was looking for a copy of deeds on a few properties. Researched online and ended up at Deeds.com. I signed up for a new account, entered the pertinent information, paid a nominal fee and received all deeds within 40 minutes. Seamless and very impressed!
Bob
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Patrick K.
September 1st, 2020
Fast and easy to use. Great update communications
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ANTHONY W.
June 17th, 2020
It's been extremely easy to communicate across this platform.
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Jessi S.
March 4th, 2020
Delivery of documents was instantaneous once payment is received. Thank you for that. For future clarification to potential users, Deeds.com may want to categorize the type of easement documents that are available. I was needing a 'utility easement' form and received an 'ingress/egress' form. Had I known it was an ingress/egress document, I would not have made the purchase. Outside of this issue, this site is very helpful for the average layperson to hold guardianship over personal interests.
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Gertrude H.
October 1st, 2019
I used this form and guide a couple years ago and found it helpful and easy to fill out. Had good results at the Recorder's Office. Would recommend Deeds.com.
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April K.
September 25th, 2022
Great service & quick response. Thank U.
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Marilyn W.
April 25th, 2022
The Mineral Deed transfer form was pretty good. Could have used more info in the guide about where to find legal property descriptions and source of title. Also more space on the pdf for entering return addresses - there was room for only one; I needed three. I will be sending the form to the County Courthouse soon. I hope it works.
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