Assignment Lien Statement With Multiple Conditions

State:
Multi-State
Control #:
US-02836BG
Format:
Word; 
Rich Text
Instant download

Description

The Assignment Lien Statement with Multiple Conditions is a legal form that facilitates the transfer of a mechanic's lien from a general contractor (Assignor) to another party (Assignee). This form outlines the details of the lien, including the associated property, the amount owed, and the specific conditions under which the lien is being assigned. Users must ensure accurate completion of names, addresses, dates, and amounts to maintain legal validity. Attachments, such as the original contract and lien notice, are integral to this document, providing further context and authenticity. This form is crucial for attorneys, partners, owners, associates, paralegals, and legal assistants who aim to formally assign lien rights, thus enabling a streamlined process for debt recovery. It serves various purposes, from securing payments for construction services to clarifying responsibilities among contractors and clients. The document also empowers the Assignee to act on behalf of the Assignor for collecting the debt, making it a versatile asset in construction and legal transactions. Clarity in completing this form is essential, as any ambiguity could lead to disputes over the lien or collection rights.
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FAQ

Send an Application for a Duplicate Certificate of Title (PDF) (MV-902) and the original proof that indicates that the lien is satisfied to the address above, or bring them to a DMV office. The DMV processes a duplicate title certificate that does not list the lien and mails the certificate to you. The fee is $20.00.

?Take the following items? to your local County Clerk's office to apply for a title: Proof of Kentucky Insurance (issue date within 45 days) Photo ID. Completed TC96-182 form and signed over title.

Simply send by mail an Application for Duplicate Certificate of Title which is form MV-902 and the original proof that the lien has been paid off. You can also apply for a duplicate title in a NY DMV office, in-person. It will cost you $20 and you'll get a lien free title.

Q: What forms do you accept to release a lien? 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.

Assignment allows a party with lien rights to transfer their rights (and rights to any related court lawsuit or arbitration) to a third party.

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Assignment Lien Statement With Multiple Conditions