Kentucky 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.

How to fill out Release Of Operator's Lien?

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FAQ

About Kentucky Notice of Intent to Lien Form No one wants to be forced to file a mechanics lien, and this document gives all of the parties involved one final chance to take care of the payment issues on a project. This form advises the party that a lien will be filed if payment is not received within 10 days.

Q: What is required to file a lien? A: The secured party (the lender) must submit the current KY title, a Title Lien Statement, and payment of $22.00. If the title has been misplaced, a duplicate title must be ordered.

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.

Ing to the mechanics lien law, after your notices are served timely the lien must be filed in the county recorder's office in the county where the property is located. The lien may either be served by certified mail, return receipt requested, or personally served on each of the parties.

The circumstances in which the Department of Revenue will consider a Specific Lien Release are as follows: The taxpayer owns other property, subject to the lien, that is worth at least two times the total of the tax owed, plus any additions to the tax owed, and any other debts owed on the property, such as a mortgage.

??????TRANSFERRING OWNERSHIP???? The buyer takes the signed title, proof of Kentucky Insurance, proof of Identification, and money for fees and applicable taxes to their local County Clerk's office for transfer. Older Titles before 2000 may require a completed TC96-182? to complete the transfer process.

Kentucky State Lien Law Guidelines Deadline to Give Preliminary Notice (Notice to Owner & Intent to File Lien) PRIVATE: Residential Projects: ... PRIVATE: Within 6 months of the date of last shipment or date of last performance of labor. PUBLIC: ... PRIVATE: Within 12 months from the date of filing. PUBLIC:

To attach a lien, the creditor records the judgment with the county clerk for the Kentucky county where the debtor has property now or may have any property in the future.

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Kentucky Release of Operator's Lien