Kansas Release of Operator's Lien

State:
Multi-State
Control #:
US-OG-399
Format:
Word; 
Rich Text
Instant download

Description

This form is used when Operator deems all obligations due Operator by Nonoperator, and secured by a Lien, is paid in full and completely satisfied.

A Kansas Release of Operator's Lien is a legal document executed by an operator or contractor to release their right to claim a lien on a property or project. This lien typically arises when the operator or contractor provides labor, materials, or services for the improvement of a property or project, but has not received full payment for their work. The purpose of this release is to officially acknowledge that all outstanding debts have been satisfied and to clear any potential clouds on the property's title. By signing this document, the operator or contractor confirms that they have been adequately compensated for their services and waives their right to file a lien. In Kansas, there are different types of Release of Operator's Lien forms that may be used depending on the specific circumstances. Some of these forms include: 1. Final Release of Operator's Lien: This form is utilized when the operator or contractor has received full payment and releases their claim on the property or project. It signifies that all outstanding debts have been settled, and all lien-related rights are relinquished. 2. Partial Release of Operator's Lien: When the operator or contractor has been partially compensated and wishes to release their lien on a specific portion of the property, a partial release is used. This allows the property owner to clear title on a portion of the property while still maintaining the operator or contractor's lien rights on the remaining unpaid amounts. 3. Conditional Release of Operator's Lien: This type of release is often used when a property owner agrees to make installment payments or promises to settle the outstanding debt within a specific time frame. It allows the operator or contractor to release their lien conditionally, based on the property owner's adherence to the agreed-upon terms. In Kansas, it is crucial for operators or contractors to use the appropriate Release of Operator's Lien form that aligns with their specific situation. Failing to comply with the correct form or not properly executing the release may result in legal complications or difficulties during the property's sale or transfer. It is always advised to consult with a qualified attorney or legal professional familiar with Kansas lien laws to ensure the accurate completion of the Release of Operator's Lien form. Professional guidance can help navigate the complexities of lien releases and provide peace of mind for both the property owner and the operator or contractor involved.

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FAQ

Kansas is a ?lien holding? state. This means that the Kansas Department of Revenue holds the title on any vehicle that is bound by a lien. The lien is not available to the owner until payment is made in full on the purchase price or other loan in which the vehicle is a collateral.

How do I transfer ownership of a Kansas titled vehicle I have sold or given as a gift? To transfer ownership, the title for the vehicle or trailer must be assigned to the new owner. The seller must complete all information on the assignment of title except for the buyer's printed name and signature.

Most scenarios involving title transfer in the state of Kansas do not require notarization, including title application and bill of sale forms. However, the Kansas Division of Vehicles reserves the right to request additional information or notarized documentation under certain circumstances.

This document is proof the lien has been released. If you would like to remove the lien holder's name from the title, you must fill out an application for a reissue title (TR-720B) and bring it, along with your current vehicle registration, title and lien release to any one of the tag offices.

The back of title must be completed with purchase price, date of sale, odometer reading, as well as the print and signatures of seller(s) and buyer(s) name. The seller may complete a Power of Attorney, Form TR-41, allowing the buyer to complete the assignment.

Application for a certificate of title and registration must be made through the local county treasurer's office where the vehicle is garaged.

The Kansas Department of Revenue Division of Vehicles (KDRDV) does not require a bill of sale if you have a properly-executed transfer of title with the price listed.

If the vehicle owner wishes to remove a lien holder's name from a registration receipt, an application for reissued title must be made at the local county treasurer's motor vehicle office. Bring the notarized lien release and a title will be requested and mailed to you within 5 to 7 days.

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More info

The release of lien for a previously issued paper title may be accomplished by attaching this completed form to the title, or by completing the lien release ... When titling vehicles in person, bring the lien release with other required documents. You may also submit a lien release: By fax to 913-715-2510; By email to ...Feb 7, 2019 — Under § 60-1102(a)(1) of the Kansas lien statute, a Kansas mechanics lien must include "The name of the owner" among other required information. Mar 18, 2021 — The tow truck operator must, within 30 days after taking possession of the vehicle and any personal property therein, request from the Division ... Notice of Lien, Lien Release, or Authorization to Add/Remove Name from Title (Form 4809). If your title shows a lienholder (such as a bank or credit union) on ... (A) A statement that the contents of the occupant's leased space are subject to the operator's lien; ... release for sale and the date those additional charges ... The DMV will send a letter to us requesting the necessary documents to complete the transaction. Give your DMV the following: Our fax: (937) 481-5324. or. Our ... Complete and submit this form to file a complaint of a Lienholder's failure to comply with Lien Release requirements. The purpose of this form is to report a ... 58-30a17 Who may demand the entering of satisfaction or release of lien. 58 ... 58-3975 Application to certain intangible property originating or issued in Kansas ... Read Section 8-1103 - [Effective1/1/2024] Towed motor vehicles, lien thereon; procedure; personal property; providing notice of fee; city ordinance or ...

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Kansas Release of Operator's Lien