Form Tr-155 - Request For Release Of Lien

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KANSAS

REQUEST FOR

DEPARTMENT OF REVENUE

DIVISION OF VEHICLE

RELEASE OF LIEN

VEHICLE INFORMATION

VIN:

Year:

Make:

Model:

Style:

’

(

)

WNER

AME

(Last, First, Middle Initial)

Name(s):

Address

City

State

ZIP

LIEN HOLDER’S INFORMATION

Name:

Account Number (If available):

Address

City

State

ZIP

Method of

Cash

Wired funds

Intra-bank Transfer <

See No. 1 below

Payment Used:

Teller’s Check

Certified Check

Cashier’s Check

Other:

See No. 2 below

Check Only ONE

Amount tendered as payment in full:

Date payment was sent:

Please:

Mail

Fax - the Release of Lien to:

Name:

Fax Number:

Address

City

State

ZIP

Printed Name

Requested by:

of Requestor:

Date:

Signature

The completed form must be attached to the final payment submitted to the lien holder or delivered to the lien holder

once the final payment is electronically submitted.

As reviewed in No. 1 and 2 below, the lien holder will have a set number of days (based on payment method) to fully

execute the release of lien and mail or deliver the release where directed by the person or business shown above.

Kansas Statutes Annotated (KSA) 8-1,157 states:

1. When a lien has been paid in full by cash, intra-bank transfer or wired funds, the lien is considered paid in full (satisfied) as soon as the lien holder receipts the payment. The lien

holder will then have three (3) business days after the receipt of payment and a request for the release of the lien to fully execute a release of lien and shall mail or deliver such

release where directed by the person who requested the release.

2. When a lien holder has been paid in full by any other form of payment (other than cash, intra-bank transfer or wired funds) and a request for the release of the lien, the lien holder

must fully execute a release of lien within ten (10) business days and shall mail or deliver such release where directed by the person who requested the release.

3. The release will be considered completed when it is placed in the US mail, postage prepaid or, delivered to the person requesting the lien release or, is faxed to the Kansas Division

of Vehicles or a Kansas County Treasurer’s Motor Vehicle office. For liens released electronically (elien) the release will be considered completed when it is delivered electronically

to the Division.

4. The fax received confirmation sheet with the transmitted date and the fax number sent to will be required as proof of delivery.

5. If a lien holder does not comply with these requirements, the aggrieved party may file a complaint against the lien holder with the Division of Vehicles. An aggrieved party can be

the Division, the owner of the vehicle subject to the lien, or the person making a valid request on a form approved by the Division.

6. The Division will conduct a hearing and may assess a civil administrative penalty on a lien holder who fails to comply with the applicable portions of the statute or any rules and

regulation adopted by the Division pursuant to this statute.

A copy of KSA 8-1,157 with details concerning penalties and interest is available at:

7. The Division will send the lien holder notice of the penalty, their rights under the Kansas Administrative Procedures Act, informing them they have the right to a hearing, the

requirements the lien holder must comply with to avoid waiving the right to a hearing and the manner of payment if the lien holder elects to pay the penalty and waive the hearing.

8. Failure of a lien holder to pay the administrative penalty after it becomes final will result in the lien holder being liable to the Division for up to three times the amount of the penalty

together with the costs plus interest for the time the penalty became final and attorneys’ fees, including all costs and attorneys’ fees incurred directly in the collection thereof. The

rate of interest is 10% per annum.

9. In addition to the penalties provided by this statute, a lien holder who fails to provide a lien release shall be liable to the holder of the title requesting the release for any loss caused

to the holder by such lien holder’s failure to comply.

TR-155www (Revised 07/07)