KY TC 96-182 2000 free printable template

A title lien form is a legal document used to declare a lien against a property or asset. In the context of a vehicle, a title lien form is a document that is used to establish a lien on a vehicle's title. This form is typically required when a person takes out a loan to purchase a vehicle, and the lender wants to protect their interest in the vehicle until the loan is repaid in full. The lien will remain on the title until the loan is satisfied, at which point the lien can be released.

The person who is filing a lien on a vehicle in the state of Kentucky is required to file the Kentucky Title Lien form. This is typically done by a lender or creditor who has a legal claim on the vehicle due to an unpaid debt. The form is filed with the Kentucky Department of Motor Vehicles.

To fill out the Kentucky Title Lien Form, also known as the Kentucky TC 96-187 form, follow these steps: 1. Obtain the form: You can download the form from the Kentucky Transportation Cabinet's website or obtain a physical copy from your local county clerk's office. 2. Vehicle information: Provide detailed information about the vehicle, including the year, make, model, vehicle identification number (VIN), and title number. 3. Lienholder information: Enter the name and address of the lienholder or the financial institution that has an interest in the vehicle. Include their name, address, and any additional contact details, such as phone numbers. 4. Owner information: Provide the name and address of the vehicle's owner(s), including any co-owners. If there is more than one owner or co-owner, use additional lines to include their information. 5. Lien information: Enter the date the lien was issued by the financial institution. If the lienholder has provided you with a duplicate title, include the duplicate title number and the date it was issued. 6. Signature and notarization: The lienholder must sign and date the form. The lienholder's signature must be notarized; therefore, a notary public must be present to witness the signing. The notary public will also sign and stamp the form as proof of notarization. 7. Submission: Once the form is complete, submit it to your local county clerk's office, along with any required fees, to officially record the lien on the title. Note: It is important to carefully read and follow the instructions provided on the form to ensure accurate completion.

The purpose of a KY (Kentucky) title lien form is to provide documentation of a lien on a vehicle's title. A lien is a legal claim or right against a property, in this case, a vehicle, given to a creditor as collateral for a loan. By filing a title lien form, the creditor establishes their legal right to the vehicle and secures their interest in it. This form is typically used when a vehicle owner uses their vehicle as collateral to secure a loan, and it ensures that the creditor has priority over any other parties in case of default or sale of the vehicle.

On a Kentucky title lien form, the following information must typically be reported: 1. Vehicle Information: The make, model, year, vehicle identification number (VIN), and current mileage of the vehicle being financed or subject to the lien. 2. Owner Information: The full legal name, address, and contact details of the vehicle owner(s). 3. Lienholder Information: The full legal name, address, and contact details of the lienholder or the financial institution providing financing. 4. Financing Details: The amount of the loan or financing agreement, including any interest rates, monthly payments, and duration of the loan. 5. Signatures: Both the vehicle owner(s) and the lienholder must sign and date the form, indicating their agreement to the lien. It's important to note that specific requirements may vary, so it's advisable to consult the Kentucky Transportation Cabinet or the relevant authorities for the most accurate and updated information regarding the title lien form.

The penalty for the late filing of a Kentucky title lien form may vary depending on the specific circumstances and the discretion of the relevant authorities. It is recommended to check with the Kentucky Transportation Cabinet or your local county clerk's office for the most accurate and up-to-date information on penalties for late filing.

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