QUITCLAIM DEED
(State of Kentucky)
[// GUIDANCE: This template is intended for the conveyance of real property located within the Commonwealth of Kentucky only. Confirm all bracketed items, adapt defined terms, and conform exhibits prior to execution and recording.]
TABLE OF CONTENTS
- Document Header
- Definitions
- Operative Provisions
- Representations & Warranties
- Covenants & Restrictions
- Default & Remedies
- Risk Allocation
- Dispute Resolution
- General Provisions
- Execution Block
- Acknowledgment Form (Kentucky)
- Exhibit A – Legal Description of Premises
- Exhibit B – Real Estate Transfer Tax Calculation (Optional)
1. DOCUMENT HEADER
THIS QUITCLAIM DEED (the “Deed”) is made as of [Effective Date], by and between:
[GRANTOR’S FULL LEGAL NAME], a [state & form of entity / individual], having a mailing address of [address] (“Grantor”),
and
[GRANTEE’S FULL LEGAL NAME], a [state & form of entity / individual], having a mailing address of [address] (“Grantee”).
RECITALS
A. Grantor is the owner of that certain parcel of real property located in [County Name] County, Kentucky, more particularly described in Exhibit A (the “Premises”).
B. Grantor desires to convey, and Grantee desires to accept, all of Grantor’s right, title, and interest in and to the Premises upon the terms set forth herein.
C. The consideration for this conveyance is [insert monetary consideration in words] Dollars ($[amount]), the receipt and sufficiency of which are hereby acknowledged.
2. DEFINITIONS
For ease of reference, the following terms shall have the meanings set forth below and shall apply equally to singular and plural forms.
“Closing” – The consummation of the conveyance of the Premises, deemed to occur upon the later of (i) the Effective Date, or (ii) the date this Deed is accepted for record by the [County Name] County Clerk.
“County Clerk” – The office of the county clerk where the Premises is situated, as required by Ky. Rev. Stat. § 382.110.
“Consideration” – The total consideration recited above and reported on Exhibit B for Kentucky Real Estate Transfer Tax purposes (Ky. Rev. Stat. § 142.050).
“Premises” – The real property described on Exhibit A, together with all appurtenant rights running with the land, if any.
3. OPERATIVE PROVISIONS
3.1 Conveyance. Subject to the terms of this Deed and effective as of Closing, Grantor hereby quitclaims, remises, releases, and conveys unto Grantee all right, title, and interest of Grantor, if any, in and to the Premises, WITHOUT WARRANTIES OF TITLE OF ANY KIND, statutory or otherwise.
3.2 Consideration & Transfer Tax.
(a) Grantor and Grantee certify the Consideration set forth above.
(b) Pursuant to Ky. Rev. Stat. § 142.050, the Kentucky Real Estate Transfer Tax at the rate of $0.50 per each $500.00 (or fraction thereof) of Consideration shall be due and payable upon recording, unless a statutory exemption applies. See Exhibit B.
3.3 Delivery & Acceptance. Delivery of this Deed by Grantor and acceptance by Grantee shall be deemed conclusively established by recording of this instrument.
4. REPRESENTATIONS & WARRANTIES
4.1 Grantor’s Limited Authority Warranty. Grantor represents solely that Grantor has lawful authority to execute this Deed.
4.2 No Further Warranties. EXCEPT AS EXPRESSLY PROVIDED IN SECTION 4.1, GRANTOR MAKES NO REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED, WITH RESPECT TO THE PREMISES, INCLUDING WITHOUT LIMITATION WARRANTIES OF TITLE, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, HABITABILITY, ZONING, OR ENVIRONMENTAL CONDITION.
4.3 Survival. Section 4.1 shall survive Closing; all other warranties are expressly disclaimed and do not survive.
5. COVENANTS & RESTRICTIONS
5.1 Grantor’s Further Assurances. Grantor shall, at Grantee’s sole cost, execute and deliver such additional instruments reasonably necessary to perfect the quitclaim transfer contemplated herein.
5.2 No Implied Covenants. No covenant of quiet enjoyment, further warranty, or condition of title is created or implied.
6. DEFAULT & REMEDIES
6.1 Post-Closing Defects. Because this is a quitclaim conveyance without warranties, no default remedy for title defects shall lie against Grantor.
6.2 Recording Errors. If a clerical recording error is discovered, the discovering party shall notify the other in writing and cooperate in executing corrective instruments.
6.3 Limited Injunctive Relief. The parties may seek injunctive relief only to enforce Section 6.2 (corrective instruments); all other injunctive remedies are waived.
7. RISK ALLOCATION
7.1 Indemnification. None. Each party bears its own liabilities arising from or related to this Deed.
7.2 Limitation of Liability. Grantor shall have no liability for any loss or damage arising from the condition of, or title to, the Premises, whether before or after Closing.
7.3 Force Majeure. Neither party shall be liable for failure to perform non-monetary obligations due to events beyond its reasonable control.
8. DISPUTE RESOLUTION
8.1 Governing Law. This Deed and any dispute arising hereunder shall be governed by the laws of the Commonwealth of Kentucky (without regard to conflicts-of-law principles).
8.2 Forum Selection. Exclusive jurisdiction and venue shall reside in the state courts of [County Name] County, Kentucky.
8.3 Arbitration. Excluded.
8.4 Jury Waiver. Omitted as per metadata requirements.
9. GENERAL PROVISIONS
9.1 Entire Agreement. This Deed constitutes the entire agreement between the parties regarding the conveyance of the Premises.
9.2 Amendments. No amendment or waiver shall be effective unless in a writing executed with the same formalities as this Deed.
9.3 Severability. If any provision is held invalid, the remaining provisions shall remain in full force and effect.
9.4 Successors and Assigns. This Deed shall bind and benefit the parties and their respective heirs, successors, and assigns.
9.5 Counterparts; Electronic Signatures. This Deed may be executed in counterparts, each of which is deemed an original. Signatures transmitted by electronic means shall be deemed originals for all purposes to the fullest extent permitted by applicable law.
9.6 Prepared By & Return To. Pursuant to Ky. Rev. Stat. § 382.335, the names and addresses of the individual who prepared this Deed and the individual to whom the recorded Deed is to be returned appear on the first page hereof.
10. EXECUTION BLOCK
IN WITNESS WHEREOF, the parties have executed this Quitclaim Deed as of the Effective Date.
GRANTOR:
[Grantor Name]
[Capacity, if entity]
[// GUIDANCE: If Grantor is an entity, insert officer title (e.g., “Its President”). If multiple owners, replicate signature lines.]
GRANTEE:
[Grantee Name]
[Capacity, if entity]
11. ACKNOWLEDGMENT FORM (Kentucky)
Commonwealth of Kentucky )
County of _____ ) SS:
On this _ day of _, 20____, before me, the undersigned Notary Public in and for said jurisdiction, personally appeared [Name(s) of Signatory(ies)], known to me (or satisfactorily proven) to be the person(s) whose name(s) is/are subscribed to within the foregoing instrument, and acknowledged that he/she/they executed the same for the purposes therein contained.
IN WITNESS WHEREOF, I hereunto set my hand and official seal.
Notary Public, State at Large, Kentucky
My Commission Expires: ____
[Notary Seal]
12. EXHIBIT A – LEGAL DESCRIPTION OF PREMISES
[Insert or attach metes-and-bounds description, lot and block, or other legally sufficient description.]
13. EXHIBIT B – REAL ESTATE TRANSFER TAX CALCULATION (Optional)
- Total Consideration: $______
- Tax Rate: $0.50 per $500 (or fraction)
- Tax Due: $______
[// GUIDANCE: If an exemption applies (e.g., between spouses, partitions, nominal consideration under $100, etc.), cite the specific exemption under Ky. Rev. Stat. § 142.050 and mark as “EXEMPT – NO TAX DUE.”]