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A UCC-1 financing statement (an abbreviation for Uniform Commercial Code-1) is a United States legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt).
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For example, in Ohio, a vehicle owner who wishes to sell a car that has an ELT must first have the lien released by paying the lienholder the remaining amount owed on the lien. The lienholder then releases their lien electronically which allows the customer to pick up the title directly from the Ohio BMV on the following business day. Some ...
It is an inherent vagary in the lien release law. In the United States, some states only use a conditional waiver on progress payment and an unconditional waiver on final payment. The mechanics lien process can be of great value to claimants in enforcing their claims, if done according to the laws of the various states, or the federal ...
Mechanic’s liens. Zoning violations. Title issues are not common, but if the title search uncovers one — or if it doesn’t, but one comes up later — there can be considerable legal costs.
The attorney general of Kentucky is the chief legal officer of the U.S. state of Kentucky, created by the Kentucky Constitution (Ky.Const. § 91). Under Kentucky law, they serve several roles, including the state's chief prosecutor (KRS 15.700), the state's chief law enforcement officer (KRS 15.700), and the state's chief law officer (KRS 15.020).