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Kansas Release of Notice and Waiver of Lien by Corporation or LLC

Release Full

Q: What is another word for release?

Another term for release is &#039;discharge.&#039; Both terms imply the cancellation of a financial obligation, signifying that the lender has relinquished their claims against a borrower or property. Using the correct terminology is important for understanding the implications of these legal documents and ensuring a smooth transition in property ownership.

Category:

Liens - Construction - Mechanics

State:

Kansas

Control #:

KS-07A-09

Format:

Instant download

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Description

Kansas law provides a form with which a subcontractor may claim a lien for labor and/or materials provided to new residential property. This Notice of Intent to Provide is filed in the office of the clerk of the district court of the county where the property is located. After the lien claimant is paid in full, the lien claimant is required to also file a form releasing the previous Notice and waiving any lien.

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FAQ

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Another term for release is 'discharge.' Both terms imply the cancellation of a financial obligation, signifying that the lender has relinquished their claims against a borrower or property. Using the correct terminology is important for understanding the implications of these legal documents and ensuring a smooth transition in property ownership.

You can sell a car with a lien release letter, but it is generally more complicated without the title. The lien release demonstrates you have cleared your debt, but potential buyers often prefer to see the physical title for a straightforward transaction. You should consult your local DMV for specific guidance on selling under these circumstances. Using the services of UsLegalForms can help streamline the process.

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After selling your car in Texas, you should fill out the Vehicle Transfer Notification form. This form informs the DMV of the sale and updates their records. Additionally, provide the buyer with a signed title and, if relevant, the lien release. Completing these steps ensures everyone is clear about the vehicle's ownership.

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To notify the DMV that you sold your car in Texas, you need to submit a Vehicle Transfer Notification. This form informs the DMV of the sale and protects you from future liability. Make sure to submit the notification immediately after selling your car to ensure your records are updated promptly. Keeping a copy of the release full can also be beneficial.

To fill out a release of information form, start by entering your personal details at the top of the document. Clearly specify what information you wish to be released and to whom it will be disclosed. Sign and date the form to give valid consent, ensuring it can be used as an effective tool for sharing important data.

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Release of Notice and Waiver of Lien by Corporation or LLC

Note: This summary is not intended to be an all-inclusive discussion of Kansas's construction or mechanic's lien laws, but does include basic provisions.

What is a construction or mechanic's lien?

Every state permits a person who supplies labor or materials for a construction project to claim a lien against the improved property. While some states differ in their definition of improvements and some states limit lien claims to buildings or structures, most permit the filing of a document with the local court that puts parties interested in the property on notice that the party asserting the lien has a claim. States differ widely in the method and time within which a party may act on their lien. Also varying widely are the requirements of written notices between property owners, contractors, subcontractors and laborers, and in some cases lending institutions. As a general rule, these statutes serve to prevent unpleasant surprises by compelling parties who wish to assert their legal rights to put all parties who might be interested in the property on notice of a claim or the possibility of a claim. This by no means constitutes a complete discussion of construction lien law and should not be interpreted as such. Parties seeking to know more about construction laws in their state should always consult their state statutes directly.

Who can file a lien in this state?

"Whenever any person, at or with the owner's request or consent shall perform work, make repairs or improvements or replace, add or install equipment on any goods, personal property, chattels, horses, mules, wagons, buggies, automobiles, trucks, trailers, locomotives, railroad rolling stock, barges, aircraft, equipment of all kinds, including but not limited to construction equipment, vehicles of all kinds, and farm implements of whatsoever kind, a first and prior lien on such personal property is hereby created in favor of such person performing such work, making such repairs or improvements or replacing, adding or installing such equipment..." Kan. Stat. Ann. Â§58-201.

How long does a party have to file a lien?

A contractor must file a lien statement within four months of the last day that labor and/or material was provided. A subcontractor must also file a lien statement, but must serve a copy of the statement on the owner within three months of the last date of furnishing of labor and/or materials.

How long is a lien good for?

A lien claimant must bring an action to foreclose on a lien within one year of the filing of the lien statement.

Are liens assignable?

All claims and rights of action to recover under Kansas's Lien statute are assignable. Where a statement has been filed and recorded, the assignment may be made by separate instrument in writing attached to the original lien.

Does this state require or provide for a notice from contractors, subcontractors, and laborers to property owners?

A subcontractor performing work on residential property is required to provide the property owner with a form warning regarding the possibility of a lien. If the subcontractor files a lien statement, it must be attached to an affidavit attesting to the fact that the warning was provided.

Also, a subcontractor working on the construction of new residential property is required to provide the property owner with a Notice of Intent to Perform.

Does this state require or provide for a notice from the property owner to the contractor, subcontractor, or laborers?

Property owners may provide subcontractors with an acknowledgment of receipt of the above mentioned warning. In addition, after payment in full of a lien claim, the property owner may demand that the lien claimant provide a written release of said lien.

Does this state require a notice prior to starting work, or after work has been completed?

No. Kansas statutes do not require a Notice of Commencement or a Notice of Completion as required in some other states.

Does this state permit a person with an interest in property to deny responsibility for improvements?

No. Kansas statutes do not have a provision which permits the denial of responsibility for improvements.

Is a notice attesting to the satisfaction of a lien provided for or required?

Yes. Kansas law requires a subcontractor who has filed a notice of intent to perform to also file a written release of said lien.

By what method does the law of this state permit the release of a lien?

A lien may be released by payment in full or expiration of the statute of limitations, as well as the filing of a bond.

Does this state permit the use of a bond to release a lien?

Yes. Kansas law permits the contractor or the owner to execute a bond in the amount of the contract price. If approved by a judge of the circuit court, no lien shall attach. Liens already filed are discharged.