Kentucky Notice of Furnishing - Professional - Individual

State:
Kentucky
Control #:
KY-04-09
Format:
Word; 
Rich Text
Instant download

Description

This notice is provided to a property owner by a professional lien claimant, being either a professional engineer, land surveyor, licensed architect, real estate broker, or landscape architect. It provides notice of services provided by the lien claimant and the amount of his potential lien. It is required that the professional lien claimant must have contracted directly with the property owner or his agent. Any lien created under this section is only good for twelve months from the date of the filing of this notice.


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FAQ

While it's unlikely that just anyone can put a lien on your home or land, it's not unheard of for a court decision or a settlement to result in a lien being placed against a property.

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.

Name and address of owner. Name and address of original contractor. Name and address of the party who hired you. Description of the property location. Date of first furnishing services to the project. Name and address of the lien claimant.

Notice of Furnishing is the term for preliminary notice in four states.Most parties who furnish labor and/or materials on construction projects need to send these notices in order to secure lien rights.

How much does it cost to file a mechanics lien in Kentucky? As of January 1, 2020, the cost to file a mechanics lien with a county recorder in Kentucky is $46 for the first 5 pages, and $3 for each page thereafter.

The Notice of Furnishing must contain the following information by law: (1) the name of the owner (or designee or lessee) as noted in the Notice of Commencement; (2) the name and address of the claimant furnishing materials or services; (3) description of services or materials furnished; (4) the book number and page

A mortgage creates a lien on your property that gives the lender the right to foreclose and sell the home to satisfy the debt. A deed of trust (sometimes called a trust deed) is also a document that gives the lender the right to sell the property to satisfy the debt should you fail to pay back the loan.

To claim a lien in Kentucky, the claimant must file a statement of the account due to him within six (6) months after he ceases to labor or furnish materials. K.R.S. 376.080(1). The statement must be filed in the office of the county clerk of the county in which the building or improvement is situated.

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Kentucky Notice of Furnishing - Professional - Individual