This notice is provided to a property owner by a lien claimant who has not contracted directly with the property owner. No party who has not contracted directly with the property owner may acquire a lien unless this notice is provided timely. If the claim is less than $1000, the lien claimant has seventy-five (75) days to provide notice to the property owner. If the claim is more than $1000, the lien claimant has one hundred twenty (120) days to provide notice to the property owner. Kentucky statutes permit this notice to be mailed to the last known address of the owner, or his duly authorized agent.
Kentucky Lien Release Form Form
Category:
State:
Kentucky
Control #:
KY-02-09
Format:
Word;
Rich Text
Instant download
Description
How to fill out Kentucky Lien Release Form Form?
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FAQ
A: The Kentucky County Clerk's Association voted to only accept one of the following forms to release vehicle liens: Original Clerk's Filing Receipt, Title Lien Statement (Form TC96-187), or a UCC-3 Financing Statement Amendment. The KCCA also voted NOT to accept terminations on company letterhead.
The instructions for filling in a TC 96-182 Form are as follows:An applicant has to check the purpose of an application.Vehicle identification section.Title brand disclosure.Certified inspector section.Odometer disclosure.Total consideration and trade-in information.More items...
In Kentucky, you can do this by waiting to receive the lien release notice and original title from the lienholder after making your final payment. Once you receive the lien release, you'll be able to submit it along with a title application to get the car titled in your name.
The most important document when selling a car is the certificate of title. If there is a lien on the title, the lienholder must release interest in the vehicle before the car is sold. This can be achieved either by the seller paying off the car or by the lienholder providing a letter of lien release.
A: The Kentucky County Clerk's Association voted to only accept one of the following forms to release vehicle liens: Original Clerk's Filing Receipt, Title Lien Statement (Form TC96-187), or a UCC-3 Financing Statement Amendment.
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Mail, email or fax a request for a Release of Lien form to the Federal Deposit Insurance Corporation's Division of Resolutions and Receiverships, or DRR. All Other Services Q: Can I obtain your book and bond number where a document over house phone?The Title Lien Statement is the only recognized form for transmitting the required information needed to establish a lien on the certificate of title. A lien is a claim on property to ensure payment of a debt. Current Kentucky Certificate of Title. Download, fill in and print the form prior to arriving at the clerk's office. -Original Kentucky Title. Federal law requires that you state the mileage upon transfer of ownership.
