Kentucky Release of Lis Pendens
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How to fill out Release Of Lis Pendens?
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FAQ
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.
Kentucky is NOT a title holding state. Once your vehicle is registered with us, you will receive a KY title with a lien held by your lender reflected on it. This prohibits you from transferring the vehicle until the lien is satisfied.
Releasing a Vehicle Lien To release a lien, the following documents may be mailed, e-mailed or delivered in person: Original Kentucky Title. Completed Release/Termination Statement (TC 96-187) ? we are only able to provide this form to the lien holder.
To be considered for a Specific Lien Release the taxpayer must complete and submit the ?Application for Specific Lien Release to the Department of Revenue.
At the end of the thirty (30) day period following the notification of all property owners of the assessment against their property, the attorney for the district, upon receiving instructions so to do, shall file in the office of the county clerk a lis pendens notice against each parcel of property the owner of which ...
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.
The secured party is required by statute to file a termination within one (1) month after the loan is paid in full or within twenty (20) days after the secured party receives an authenticated demand from a debtor. (KRS 355.9-513 (2)). The termination must be filed in the county where the lien was originally filed.
The lien is effective from the date on which the security interest is noted on the certificate of title for a period of ten (10) years, or in the case of a manufactured home for a period of thirty (30) years or until discharged. Liens filed on or before 7-14-2016 are only valid for seven (7) years.
