Kentucky Vehicle Lien Release Form

State:
Kentucky
Control #:
KY-05-09
Format:
Word; 
Rich Text
Instant download

Description

Kentucky construction lien law does not contain a specific provision for the discharge of a lien. However, this form allows a lien holder to provide a property owner with a standard release upon payment in full.


How to fill out Kentucky Vehicle Lien Release Form?

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FAQ

There are two forms you need to fill out, the original certificate of title and the application for the new title. On the back of the original title, the seller fills in their name, date, the odometer reading, and purchase price for the vehicle. The buyer will sign on both the front and back of the title.

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.

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 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...

Interesting Questions

More info

The Title Lien Statement is the only recognized form for transmitting the required information needed to establish a lien on the certificate of title. All Other Services Q: Can I obtain your book and bond number where a document over house phone?Federal law requires that you state the mileage upon transfer of ownership.

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Kentucky Vehicle Lien Release Form