Magoffin County Discharge of Lien by Bond Form (Kentucky)
All Magoffin County specific forms and documents listed below are included in your immediate download package:
Discharge of Lien by Bond Form
Fill in the blank Discharge of Lien by Bond form formatted to comply with all Kentucky recording and content requirements.
Included Magoffin County compliant document last validated/updated 9/23/2024
Discharge of Lien by Bond Guide
Line by line guide explaining every blank on the form.
Included Magoffin County compliant document last validated/updated 9/2/2024
Completed Example of the Discharge of Lien by Bond Document
Example of a properly completed form for reference.
Included Magoffin County compliant document last validated/updated 10/1/2024
The following Kentucky and Magoffin County supplemental forms are included as a courtesy with your order:
When using these Discharge of Lien by Bond forms, the subject real estate must be physically located in Magoffin County. The executed documents should then be recorded in the following office:
Magoffin County Clerk
42 E Maple St / PO Box 1535, Salyersville, Kentucky 41465
Hours: 8:30 to 4:00 Monday - Friday; 8:30 to 12:00 Saturday
Phone: (606) 349-2216
Local jurisdictions located in Magoffin County include:
- Falcon
- Gunlock
- Royalton
- Salyersville
How long does it take to get my forms?
Forms are available immediately after submitting payment.
How do I get my forms, are they emailed?
Immediately after you submit payment, the Magoffin County forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be provided to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance. Forms are NOT emailed to you.
What does "validated/updated" mean?
This indicates the most recent date when at least one of the following occurred:
- Updated: The document was updated or changed to remain compliant.
- Validated: The document was examined by an attorney or staff, or it was successfully recorded in Magoffin County using our eRecording service.
Are these forms guaranteed to be recordable in Magoffin County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Magoffin County including margin requirements, content requirements, font and font size requirements.
Can the Discharge of Lien by Bond forms be re-used?
Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Magoffin County that you need to transfer you would only need to order our forms once for all of your properties in Magoffin County.
What are supplemental forms?
Often when a deed is recorded, additional documents are required by Kentucky or Magoffin County. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.
What type of files are the forms?
All of our Magoffin County Discharge of Lien by Bond forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.
Do I need any special software to use these forms?
You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.
Do I have to enter all of my property information online?
No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.
Can I save the completed form, email it to someone?
Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.
Are there any recurring fees involved?
No. Nothing to cancel, no memberships, no recurring fees.
Release of Lien in Kentucky by Execution of Bond
Executing a bond is one way to remove mechanic's liens levied on a property. A bond is an amount that can be posted with a surety or other agency that guarantees payment to a contractor or other lien claimant. In return for this assurance, the claimants release the liens.
In Kentucky, the owner or claimant of a property covered by a lien, (or any contractor or other person contracting with the owner or claimant for the furnishing of improvements or services), may, at any time before a judgment is rendered to enforce the lien, execute with the county clerk in the county where the lien was filed, a bond for double the amount of the lien claimed. K.R.S. 376.100. The bond and release must be approved by the clerk and are conditioned upon the obligors satisfying any judgment that may be rendered in favor of the person asserting the lien. Id. So, if the lien is filed for $5,000, a bond of $10,000 must be executed to discharge the lien.
The release document identifies the parties, recording details of the filed lien, and the effective date of the release. The bond shall be preserved by the clerk, and upon its execution the lien upon the property shall be discharged. Id. The person asserting the lien may make the obligors in the bond parties to any action to enforce the claim, and any judgment recovered may be against all or any of the obligors on the bond. Id.
This article is provided for information purposes only and should not be relied on as a substitute for the advice from a legal professional. If you have questions about posting a bond to release a lien, or any other issues related to liens in Kentucky, please speak with a licensed attorney.
Our Promise
The documents you receive here will meet, or exceed, the Magoffin County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
Save Time and Money
Get your Magoffin County Discharge of Lien by Bond form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.
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November 21st, 2024
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November 21st, 2024
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November 20th, 2024
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April 20th, 2023
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