How do I file a UCC in Washington state?
How do I file a UCC in Washington state?
You should file a UCC-1 Financing Statement with the secretary of state’s office in the state where the debtor is incorporated or located. If the collateral is real property, then you should also file a UCC-1 with the county recorder’s office in the county where the debtor’s real property is located.
Who files a UCC1?
lenders
UCC-1 Financing Statements, commonly referred to as simply UCC-1 filings, are used by lenders to announce their rights to collateral or liens on secured loans. They’re usually filed by lenders with the debtor’s state’s secretary of state office when a loan is first originated.
What are UCC Forms?
UCC filings or liens are legal forms that a creditor files to give notice that it has an interest in the personal or business property of a debtor. Essentially, UCC lien filings allow a lender to formally lay claim to collateral that a debtor pledges to secure their financing.
Where do you file UCC financing statements in Washington DC?
The mailing address is: DC Office of the Recorder of Deeds 1101 4th Street, SW, Suite 500 Washington, DC 20024. Where can I record UCC documents? UCC documents can be recorded with the DC Office of the Recorder of Deeds.
Does Washington follow the UCC?
Washington has adopted the following Articles of the UCC: Article 3: Negotiable instruments: UCC Article 3 applies to negotiable instruments. Article 5: Letters of Credit: UCC Article 5 applies to letters of credit and to certain rights and obligations arising out of transactions involving letters of credit.
What is a UCC 2 filing?
UCC2 means, in respect of a Participating Eligible Admitted Claim, the second unsecured claim certificate for such Participating Eligible Admitted Claim (which should be read together with the UCC2 Explanatory Note), published in June 2016 (as updated by LBIE from time to time) and as available to the relevant …
How do I fill out a UCC-1 form?
How to complete a UCC1 (Step by Step)
- Filer Information. Name and phone number of contact at filer. Email contact at filer.
- Debtor Information. Organization or individual’s name. Mailing address.
- Secured Party Information. Organization or individual’s name. Mailing address.
- Collateral Information. Description of collateral.
Does Washington DC have a Secretary of State?
The current Secretary of State of the District of Columbia is Kimberly A. Bassett. The Office of Notary Commissions and Authentications commissions District of Columbia notaries public and authenticates documents for domestic and foreign use.
How do you put a lien on a property in DC?
A Washington, DC mechanics lien form must include:
- Your information.
- Owner’s information.
- General contractor’s information.
- Amount claimed.
- Description of labor & materials (including first and last dates)
- Description of property.
- Copy of contractor license & certificate of good standing.
How do I file a UCC-1 form in Washington State?
Select the appropriate form below. Complete the form, following the instructions on the last page of each form. Olympia, WA 98507-9660. To file or search electronically, see File and search online. Use to file an original financing statement, agricultural, preparer, or processor lien. Use to add more information to your UCC-1 financing statement.
How do I file a UCC-1 financing statement?
To file or search electronically, see File and search online. Use to file an original financing statement, agricultural, preparer, or processor lien. Use to add more information to your UCC-1 financing statement. Cannot be filed separately.
What is the UCC expiration date for fixture filing?
The UCC expiration for a financing statement, like a fixture filing, is five years. Extending a fixture filing requires filing a continuation statement within six months before the fifth anniversary. A record of mortgage never lapses. Keeping track of UCC filing requirements for different assets is challenging.
How do I file a file or search in Washington State?
To submit a file or search by mail: Select the appropriate form below. Complete the form, following the instructions on the last page of each form. Olympia, WA 98507-9660. To file or search electronically, see File and search online. Use to file an original financing statement, agricultural, preparer, or processor lien.
