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

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

Contract for Deed Form

Monroe County Contract for Deed Form

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

Contract for Deed Guidelines

Monroe County Contract for Deed Guidelines

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

Completed Example of the Contract for Deed

Monroe County Completed Example of the Contract for Deed

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

Promissory Note Form

Monroe County Promissory Note Form

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

Promissory Note Guidelines

Monroe County Promissory Note Guidelines

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

Completed Example of the Promissory Note

Monroe County Completed Example of the Promissory Note

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

Annual Accounting Statement Form

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

Monroe County Clerk

200 N Main St, Suite D, Tompkinsville, Kentucky 42167

Hours: 8:00 to 4:00 M-F & Sat 8:00 to 12:00

Phone: (270) 487-5471

Local jurisdictions located in Monroe County include:

  • Fountain Run
  • Gamaliel
  • Hestand
  • Mount Hermon
  • Tompkinsville

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

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

What are supplemental forms?

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

Marvin W.

May 19th, 2022

Easy to use and great instructions!

Reply from Staff

Thank you!

Teresa R.

May 7th, 2022

FANTASTIC. Sometimes we think know something, glad I found out I was wrong before it was too late.

Reply from Staff

Thank you!

willie B.

May 21st, 2019

I love how you can get information you need online great program ,outstanding just love it....

Reply from Staff

Thank you!

ziad k.

June 4th, 2024

FIRST TIME USER EXCELENT SERVICE.

Reply from Staff

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

Christine L.

April 18th, 2019

I would like the ability to edit the document.

Reply from Staff

Thank you for your feedback Christine.

Laura H.

January 12th, 2023

Process was easy. The instructions for TOD and a sample completed form was very helpful. E-recording of deed saved a trip to the county building and well worth the very reasonable charge.

Reply from Staff

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

Ronald D.

July 15th, 2022

very quick and easy to find, confirm, pay, and download documents, well worth the money for peace of mind.

Reply from Staff

Thank you!

George R.

September 29th, 2021

Your website worked but I am waiting for answers for two questions.

Reply from Staff

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

Arthur T.

September 9th, 2021

Thanks

Reply from Staff

Thank you!

Edwina L.

June 24th, 2020

Awesomeness a true life saver I'm very appreciative.

Reply from Staff

Thank you!

Jaynell B.

June 25th, 2021

This website was most helpful and easy to use. Glad the information I needed was available

Reply from Staff

Thank you!

Lucinda E.

October 14th, 2019

I thought this form was great and easy to complete but the instructions were unclear as to whether the grantee- beneficiaries needed to sign and notarize their signatures as well. It did not appear to be the case but it would be helpful if the instructions spelled this out better.

Reply from Staff

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