Kentucky seller net sheet and closing costs

In Kentucky, the seller usually pays the agent commission, their own loan payoff and the real estate transfer (deed) tax. The buyer usually pays the lender fees, the lender's title policy and the owner's title policy. The buyer usually pays the settlement or escrow fee.

The buyer usually pays for the owner's title policy in Kentucky. In Kentucky, each title insurer files its own rates. So prices differ between title companies. The net sheet uses typical rates. The title company that runs the closing gives the final quote. A title company or attorney usually handles the closing.

Seller pays deed tax and deed preparation.

NetSheet.org is not tied to any title company. The net sheet works with any title or escrow company. See how it compares with title company net sheet tools.

Each side pays the taxes for the days it owns the home. Property taxes in Kentucky are paid in arrears, after the period they cover. So the seller usually credits the buyer for unpaid days up to closing. Taxes run about 0.85% of the home's value per year. Calendar year, billed Oct-Nov (2% discount in November); seller credits buyer for Jan 1 through closing when unpaid.

• apps.legislature.ky.gov

Checked 2026-09-29. A net sheet is an estimate. It is not a closing statement or tax advice. The title or escrow company gives the final figures. See a rate that looks wrong? Email [email protected].