Madison County Discharge of Lien by Bond Form

Madison County 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.

Madison County Discharge of Lien by Bond Guide
Line by line guide explaining every blank on the form.

Madison County Completed Example of the Discharge of Lien by Bond Document
Example of a properly completed form for reference.
All 3 documents above included • One-time purchase • No recurring fees
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Additional Kentucky and Madison County documents included at no extra charge:
Where to Record Your Documents
Madison County Clerk
Richmond, Kentucky 40475
Hours: 8:00am to 4:30pm M-F
Phone: (859) 624-4703 Option 3
Recording Tips for Madison County:
- Ensure all signatures are in blue or black ink
- White-out or correction fluid may cause rejection
- Documents must be on 8.5 x 11 inch white paper
- Avoid the last business day of the month when possible
- Make copies of your documents before recording - keep originals safe
Cities and Jurisdictions in Madison County
Properties in any of these areas use Madison County forms:
- Berea
- Bighill
- Richmond
- Waco
Hours, fees, requirements, and more for Madison County
How do I get my forms?
Forms are available for immediate download after payment. The Madison County forms will be in your account ready to download to your computer. An account is created for you during checkout if you don't have one. Forms are NOT emailed.
Are these forms guaranteed to be recordable in Madison County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Madison County including margin requirements, content requirements, font and font size requirements.
Can I reuse these forms?
Yes. You can reuse the forms for your personal use. For example, if you have multiple properties in Madison County you only need to order once.
What do I need to use these forms?
The forms are PDFs that you fill out on your computer. You'll need Adobe Reader (free software that most computers already have). You do NOT enter your property information online - you download the blank forms and complete them privately on your own computer.
Are there any recurring fees?
No. This is a one-time purchase. Nothing to cancel, no memberships, no recurring fees.
How much does it cost to record in Madison County?
Recording fees in Madison County vary. Contact the recorder's office at (859) 624-4703 Option 3 for current fees.
Questions answered? Let's get started!
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.
Important: Your property must be located in Madison County to use these forms. Documents should be recorded at the office below.
This Discharge of Lien by Bond meets all recording requirements specific to Madison County.
Our Promise
The documents you receive here will meet, or exceed, the Madison 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
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