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

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

Contract for Deed Form

Powell County Contract for Deed Form

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

Contract for Deed Guidelines

Powell County Contract for Deed Guidelines

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

Completed Example of the Contract for Deed

Powell County Completed Example of the Contract for Deed

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

Promissory Note Form

Powell County Promissory Note Form

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

Promissory Note Guidelines

Powell County Promissory Note Guidelines

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

Completed Example of the Promissory Note

Powell County Completed Example of the Promissory Note

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

Annual Accounting Statement Form

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

Powell County Clerk

525 Washington St, Rm 109 / PO Box 548, Stanton, Kentucky 40380-0548

Hours: Mon & Fri 9:00 to 6:00; Tue & Wed 9:00 to 4:30; Thu 9:00 to 12:00

Phone: (606) 663-6444

Local jurisdictions located in Powell County include:

  • Clay City
  • Slade
  • Stanton

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

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

What are supplemental forms?

Often when a deed is recorded, additional documents are required by Kentucky or Powell 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 Powell 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 Powell 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 Powell 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.

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MARC G.

June 26th, 2020

Very easy. Very helpful.

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February 10th, 2022

Thank you . I appreciate your assistance
Once again thanks

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August 25th, 2020

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July 23rd, 2023

absolutely great

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Lori G.

October 28th, 2020

This was so easy and seemless. I wish I had found deeds.com for eRecording sooner! I submitted my documents from the comfort of my office, they were great about communicating in a timely manner with updates. The next day I had copies of my recorded documents! I would highly recommend deeds.com!

Reply from Staff

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Charles K.

December 23rd, 2021

So far it has been a good experience. I am working on getting a beneficiary deed.

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Lacee G.

November 25th, 2019

Great real estate deed forms.

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Johnnie R.

June 25th, 2019

quick and easy to use

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Laurel D.

October 7th, 2020

This is a great service. I can't believe how fast my document was recorded!

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Samy K.

March 2nd, 2022

I searched on line for the blank forms I needed, everyone that said it's free was a part m they wanted to sign me up for a monthly membership, deeds.com had the forms that I can download and fill in, I paid $24 and got more than I needed, very easy company to deal with, I highly recommend them.

Reply from Staff

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Joy N.

February 22nd, 2024

As a real estate professional, I've had the opportunity to use various legal form providers over the years, but none have matched the quality and user-friendliness of Deeds.com's real estate legal forms.
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FRANK D.

September 28th, 2019

Excellent software along with my other Will/Trust programs. I always use your program regarding deeds.

Reply from Staff

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