Special Warranty Deed

SPECIAL WARRANTY DEED

Commonwealth of Kentucky

Prepared By:
_____________________________________________
(Must be attorney - KRS Chapter 524)

After Recording Return To:
_____________________________________________
_____________________________________________
_____________________________________________

Property Valuation Administrator (PVA) Parcel ID:
_____________________________________________

SPACE ABOVE THIS LINE FOR COUNTY CLERK'S USE

DOCUMENT INFORMATION

SPECIAL WARRANTY DEED

COMMONWEALTH OF KENTUCKY
COUNTY OF _________________

This Special Warranty Deed is made this _____ day of _________________, 20_____,

ARTICLE I: PARTIES

Section 1.1 Grantor(s)

_____________________________________________
(Name)

of _____________________________________________
(Address)

Marital Status:
☐ A single person
☐ A married person (spouse joining to release dower/curtesy)
☐ Husband and wife
☐ A widow/widower
☐ An unmarried person
☐ A _________________ [entity type], organized under the laws of _________________ [state]

hereinafter called "GRANTOR"

Section 1.2 Grantee(s)

_____________________________________________
(Name)

of _____________________________________________
(Address - Required per KRS 382.110(2))

Vesting (Required per KRS 382.135):
☐ A single person
☐ A married person, as his/her sole and separate property
☐ Husband and wife, as tenants by the entirety with right of survivorship
☐ As joint tenants with right of survivorship, and not as tenants in common
☐ As tenants in common
☐ A _________________ [entity type], organized under the laws of _________________ [state]

hereinafter called "GRANTEE"

ARTICLE II: CONVEYANCE

Section 2.1 Granting Clause

WITNESSETH: That for and in consideration of the sum of $_____________________ (____________________ Dollars) ☐ cash in hand paid ☐ which represents the full and fair cash value of the property, the receipt of which is hereby acknowledged,

GRANTOR does hereby GRANT AND CONVEY, with SPECIAL WARRANTY COVENANTS, unto GRANTEE, and GRANTEE's heirs, successors, and assigns forever, the following described property situated in _________________ County, Commonwealth of Kentucky:

Section 2.2 Legal Description

See Exhibit "A" attached hereto and incorporated herein by reference.

Property Valuation Administrator (PVA) Parcel ID: _____________________________________________

Property Address: _____________________________________________

Being the same property conveyed to GRANTOR by deed dated _________________, of record in Deed Book _______ at Page _______ (or Document/Instrument No. _____________) in the Office of the _________________ County Clerk.

ARTICLE III: LIMITED WARRANTY COVENANTS

Section 3.1 Special Warranty (KRS 382.040)

GRANTOR covenants with GRANTEE that GRANTOR is lawfully seized and possessed of the above-described property; that GRANTOR has good right to convey same; that GRANTOR has done nothing to encumber the property; and that GRANTOR WILL WARRANT AND DEFEND the title to said property against all persons lawfully claiming by, through, or under GRANTOR, but against none other.

Section 3.2 Limitation of Warranty

NOTICE: This is a SPECIAL WARRANTY DEED. The covenants contained herein are LIMITED to claims arising from acts or omissions of the GRANTOR during GRANTOR's period of ownership. This deed does NOT warrant against:

• Defects in title existing prior to GRANTOR's ownership
• Liens or encumbrances created by prior owners
• Claims of persons NOT claiming by, through, or under GRANTOR

Section 3.3 Statutory References

This conveyance is made pursuant to:

• KRS Chapter 382 (Conveyances and encumbrances)
• KRS 382.040 (Special warranty deed)
• KRS 382.110 (Recording requirements)
• KRS 382.130 (Acknowledgment/signature requirements)
• KRS 382.135 (Vesting statement requirement)
• KRS 142.050 (Transfer tax)
• KRS 392.020 (Dower and curtesy)

ARTICLE IV: EXCEPTIONS AND RESERVATIONS

Section 4.1 Subject To

TO HAVE AND TO HOLD the same, together with all appurtenances thereto belonging, unto said GRANTEE, GRANTEE's heirs, successors, and assigns forever, with all the privileges and appurtenances thereunto belonging.

Subject to:

(a) Ad valorem real property taxes for the year 20_____ and thereafter, not yet due and payable;

(b) All applicable zoning ordinances, building codes, and governmental regulations;

(c) All restrictions, covenants, conditions, easements, rights-of-way, and reservations of record;

(d) All matters disclosed by an accurate survey and inspection of the property;

(e) Rights of tenants or parties in possession;

(f) The following specific exceptions:

☐ None

☐ As set forth below:
_____________________________________________
_____________________________________________
_____________________________________________

ARTICLE V: TRANSFER TAX

Section 5.1 Kentucky Transfer Tax (KRS 142.050)

Transfer Tax Rate: $0.50 per $500 of value (or fraction thereof)
Effective Rate: 0.1% or $1.00 per $1,000

Consideration/Value: $_____________________

Transfer Tax Due: $_____________________

☐ This transfer is exempt from transfer tax per KRS 142.050(7).

Exemption claimed: _____________________________________________

ARTICLE VI: DOWER/CURTESY RELEASE

Section 6.1 Spousal Joinder (KRS 392.020)

☐ GRANTOR's spouse joins in this conveyance solely for the purpose of releasing any dower or curtesy interest in the property described herein.

Spouse Name: _____________________________________________

ARTICLE VII: EXECUTION

Section 7.1 Grantor and Grantee Signatures (Both Required - KRS 382.130)

GRANTOR(S):

_____________________________________________
Signature

_____________________________________________
Printed Name

Date: _____________________________________________

_____________________________________________
Signature

_____________________________________________
Printed Name

Date: _____________________________________________

SPOUSE (if releasing dower/curtesy):

_____________________________________________
Signature

_____________________________________________
Printed Name

Date: _____________________________________________

GRANTEE(S) (Required per KRS 382.130):

_____________________________________________
Signature

_____________________________________________
Printed Name

Date: _____________________________________________

_____________________________________________
Signature

_____________________________________________
Printed Name

Date: _____________________________________________

ARTICLE VIII: ACKNOWLEDGMENT

Section 8.1 Kentucky Acknowledgment (Grantor - Individual)

COMMONWEALTH OF KENTUCKY
COUNTY OF _________________

I, _________________________, a Notary Public in and for said County and Commonwealth, do hereby certify that the foregoing SPECIAL WARRANTY DEED was this day produced before me by _________________________, GRANTOR(S) herein, and acknowledged by said GRANTOR(S) to be his/her/their act.

WITNESS my hand this _____ day of _________________, 20_____.

_____________________________________________
Notary Public, Kentucky State-at-Large

_____________________________________________
Printed Name of Notary

My Commission Expires: _____________________________________________

Notary ID: _____________________________________________

[NOTARIAL SEAL]

Section 8.2 Kentucky Acknowledgment (Grantee)

COMMONWEALTH OF KENTUCKY
COUNTY OF _________________

I, _________________________, a Notary Public in and for said County and Commonwealth, do hereby certify that the foregoing SPECIAL WARRANTY DEED was this day produced before me by _________________________, GRANTEE(S) herein, and acknowledged by said GRANTEE(S) to be his/her/their act.

WITNESS my hand this _____ day of _________________, 20_____.

_____________________________________________
Notary Public, Kentucky State-at-Large

_____________________________________________
Printed Name of Notary

My Commission Expires: _____________________________________________

Notary ID: _____________________________________________

[NOTARIAL SEAL]

Section 8.3 Kentucky Acknowledgment (Entity)

COMMONWEALTH OF KENTUCKY
COUNTY OF _________________

I, _________________________, a Notary Public in and for said County and Commonwealth, do hereby certify that the foregoing SPECIAL WARRANTY DEED was this day acknowledged before me by _________________________, as _________________________ [title] of _________________________ [entity name], GRANTOR herein, on behalf of said entity.

WITNESS my hand this _____ day of _________________, 20_____.

_____________________________________________
Notary Public, Kentucky State-at-Large

_____________________________________________
Printed Name of Notary

My Commission Expires: _____________________________________________

Notary ID: _____________________________________________

[NOTARIAL SEAL]

Section 8.4 Out-of-State Acknowledgment

STATE OF _________________
COUNTY OF _________________

I, _________________________, a Notary Public in and for said County and State, do hereby certify that the foregoing instrument was acknowledged before me this _____ day of _________________, 20_____, by _________________________.

_____________________________________________
Notary Public

My Commission Expires: _____________________________________________

[NOTARIAL SEAL]

EXHIBITS

EXHIBIT A - LEGAL DESCRIPTION

Legal Description of Property:

Situated in _________________ County, Commonwealth of Kentucky:

_____________________________________________
_____________________________________________
_____________________________________________
_____________________________________________
_____________________________________________
_____________________________________________
_____________________________________________
_____________________________________________

PVA Parcel ID: _____________________________________________

KENTUCKY RECORDING REQUIREMENTS AND INFORMATION

Recording Requirements

Recording Fees

Note: Fees may vary by county. Verify with specific County Clerk's office.

Kentucky Transfer Tax (KRS 142.050)

Example: $200,000 property / 500 = 400 x $0.50 = $200.00 transfer tax

Transfer Tax Exemptions (KRS 142.050(7))

Common exemptions include:

• Transfers to governmental entities
• Transfers between spouses
• Transfers to certain trusts
• Transfers pursuant to court order
• Certain corporate reorganizations

Important Kentucky Requirements

1. Both Parties Must Sign: Kentucky requires BOTH Grantor AND Grantee to sign the deed in front of a notary (KRS 382.130).

2. Attorney Preparation: Preparation of deeds constitutes the practice of law in Kentucky and should be done by an attorney.

3. Dower/Curtesy: Kentucky recognizes dower/curtesy interests. A non-titled spouse must join to release such interest (KRS 392.020).

4. Vesting Statement: How grantee will hold title must be stated (KRS 382.135).

5. Consideration Statement: Full amount of consideration OR fair cash value must be stated (KRS 382.135).

6. Tenants by the Entirety: Available for married couples - provides creditor protection (KRS 381.050(1)).

7. Title Insurance: Grantees should consider obtaining title insurance.

8. Legal Counsel: Consultation with a licensed Kentucky attorney is required for deed preparation.

Who Pays

THIS INSTRUMENT PREPARED BY (KRS 382.335):

_____________________________________________
Attorney Name

_____________________________________________
Address

_____________________________________________
Phone

_____________________________________________
Kentucky Bar Number (Required)

_____________________________________________
Signature

This template is provided for informational purposes only and does not constitute legal advice. Consultation with a licensed Kentucky attorney is required for deed preparation.