The Kentucky TC 96-187 form serves as a vital document for recording title liens in the state of Kentucky. This multi-purpose form is essential for securing interests in vehicles, ensuring that both debtors and secured parties are properly documented. Understanding its use is crucial for anyone involved in vehicle financing or ownership transfer in Kentucky.
The Kentucky TC 96-187 form is an essential document used in the state for managing title liens on vehicles. This multi-purpose form serves various functions, including original filings, continuations, and terminations of security interests. It captures vital information such as the names and addresses of both the debtor and the secured party, as well as specific vehicle details like the year, model, make, and vehicle identification number (VIN). It's important to note that this form can only be used once; any amendments or changes require a new form to be filled out. Additionally, a termination statement must be signed by the secured party to be valid. Compliance with Kentucky Revised Statutes (KRS) 186A.190 is crucial, as it mandates that security interests related to titled property be recorded in the county clerk's office where the debtor resides. This ensures that all liens are properly documented and accessible for future reference. Understanding how to navigate this form can significantly streamline the process of securing and releasing vehicle liens in Kentucky.
Kentucky Transportation Cabinet
TC 96‐187
Division of Motor Vehicle Licensing
July 2016
TITLE LIEN STATEMENT
ORIGINAL FILING
CONTINUATION
TERMINATION
Original File #
Original File Date
1. Debtor(s) Name and Address
2. Secured Party Name and Address
3. For Filing Officer (Date, Time, Number and Filing
Officer)
4. Vehicle information:
YEAR MODEL
MAKE
VEHICLE IDENTIFICATION NUMBER
ADDITIONAL DESCRIPTION
NOTE:
(1)This is a multi-purpose form that can only be used once. A new form must be completed by the Secured Party upon amendment, continuation, assignment, or termination. A termination statement must be signed by the secured party.
(2)In compliance with KRS 186A.190 (2), “the notation of security interests relating to property required to be titled in Kentucky through the county clerk shall be done in the office of the county clerk of the county in which the debtor resides”. Additional information regarding the required county of residence can be found in subsections (a-j) of KRS 186A.190 (2).
_______________________________________________
Authentication of Debtor(s)
Authentication of Secured Party(s)
(Required for filing a termination)
Date
Optional for County clerk use
Date & Time Processed:__________________
Fees Collected: _________________________
Clerks initials:
Real Estate Contract for Sale by Owner - Emphasizes the importance of a good faith deposit to secure the offer, detailing escrow handling and refund conditions.
When engaging in the sale of a motor vehicle, it's crucial to utilize the appropriate legal documentation, such as the Texas Motor Vehicle Bill of Sale form, which can be accessed through Texas Documents. This form will help ensure that both parties have a clear and concise record of the transaction, preventing any potential misunderstandings later on.
Cdl Learner's Permit - The form includes exceptions for certain types of transport, such as emergency or farm-related driving.