The document must have:
- First party (seller, grantor) and their mailing address (KRS 382.135, KRS 382.200)
- Second party (buyer, grantee) and their mailing address (KRS 382.135, KRS 382.200)
- Consideration Statement (KRS 385.135)
- Legal description (Common Law) and OAG 81-100
- Source of title (KRS 382.110)
- Preparation statement (KRS 382.335)
- Return mail address (KRS 382.335 & KRS 382.240)
In-Care-of Address for the property tax bill in the year transferred (deeds signed after July 31, 2008)(KRS 382.135 (c))
The grantor must sign (execute) the deed and the signatures must be acknowledged (notarized). The grantor and grantee must sign the consideration statement and the signatures must be notarized. (KRS 382.135 & KRS 382.130) The document must be filed in the county clerk’s office of the county where the property is located (or the greater part). KRS 382.110.
See the section on Consideration Certificate for additional information.
Have included a Technical assistance bulletin from the Revenue Cabinet. This details document requirements associated with consideration.
Indexing information: The document is filed in the deed book and indexed in the general index to deeds and mortgages under both parties. The first party is the seller (grantor), the second party is the buyer (grantee).
Transfer tax is collected on the consideration in the deed per KRS 142.050. The tax is computed at the rate of $.50 for each $500 of value or fraction thereof. The transfer tax applies to the value listed in the deed and is imposed upon the grantor. KRS 142.050(7) lists the types of deeds that are exempt from this tax.
Original Signatures – All documents filed with the county clerk must have an original signature unless a specific statute states otherwise. The term “execute” means as follows:
To complete; to make; to sign; to perform; … To perform all necessary formalities, as to make and sign a contract or sign and deliver a note.
Boyd County Clerk
Boyd County Courthouse
2800 Louisa St.
Catlettsburg, Ky. 41129
Phone: (606) 739-5116
Email: [email protected]
Cedar Knoll Mall
Phone: (606) 929-9595
335 16th Street
Ashland, Ky. 41101
Phone: (606) 325-3547