A Kentucky quitclaim deed is a document that transfers interest in a piece of property from one person (the grantor) to another person (the grantee). You can use it to transfer ownership between family members, such as when adding or removing a spouse in the case of a divorce.
Laws & Requirements
Signing Requirements: Kentucky Revised Statutes § 382.130: The grantor must sign in the presence of two witnesses or a notary public/county clerk.
Transfer Tax: Yes. Under Kentucky Revised Statutes § 142.050, there is a real estate transfer tax on the amount paid (if any) computed at $.50 for each $500 value unless exempt.
Below is an example of what a Kentucky quitclaim deed looks like.