Kentucky Release of Lien for Contractor
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How to fill out Release Of Lien For Contractor?
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FAQ
Kentucky mechanics lien claims are documents recorded with the county recorder's office. For your mechanics lien to be valid, you must record it in the county where the job is physically located. Kentucky counties each have their own unique rules and requirements.
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.
Within six (6) months of completing work, a lien claimant must file a Notice with the county clerk. As stated above, the lien claimant then has seven (7) days to provide the property owner with a copy via regular mail. K.R.S.A. § 376.080.
The Title Lien Statement (TC 96-187) is the only recognized form for transmitting the required information needed to establish a lien on the certificate of title.
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.
(KRS 355.9-513 (2)). The termination must be filed in the county where the lien was originally filed. The termination statement must come from the secured party. Effective July 15, 2004 the termination statement must be signed by the secured party (KRS 186.045).
