. The first argument of this formula is the interest rate, the second the number of periods, the third the annual payments, the fourth is the present value, and the fifth indicates that payments are all made at the end rather than the beginning of each year.
Patenting refers to the system of land appropriation used in Kentucky to transfer land from the Commonwealth to an individual or group of individuals. All deeds trace back to an original patent recorded in the Kentucky Land Office. Land patenting consists of four steps, all of which must be completed before title is granted. Step #1: The Warrant (syn. Certificate, Order) This document authorizes a survey to be made.
If there is a separate fee for title examination, the seller customarily pays it. Deed Transfer Taxes and Documentary Stamps in Tennessee-The current deed transfer tax is $0.37 per every hundred dollars of consideration (sales price).he home seller typically pays the owner's policy and the buyer customarily pays for the loan policy. Search and Examination Fees-in most counties there is a charge for title examination in addition to the title insurance premium.