What is Florida UCC filing?
What is Florida UCC filing?
Uniform Commercial Code filings are filings which register the secured party’s interest in a loan secured by non-titled property.
How much does it cost to file a UCC in Florida?
UCC Fees
| Form | Fees | Description |
|---|---|---|
| UCC1 | $40.00 | |
| UCC3 | $12.00 | Approved Florida and national forms. Example – Florida forms approved on or after 05/2013 or national forms approved on or after 04/2011. |
| $17.00 | ||
| UCC3 – Termination | $12.00 | To terminate any UCC before 10/01/1992. |
Can you file UCC 1 online?
The Louisiana Secretary of State is pleased to announce expanded services that provide secured parties with the option to execute Uniform Commercial Code (UCC) filings online. As a secured party, you can: File Initial Financing Statements with your local parish Clerk of Court (UCC-1 and UCC-1F)
Where do I file a UCC1?
the secretary of state’s office
In all cases, you should file a UCC-1 with the secretary of state’s office in the state where the debtor is incorporated or organized (if a business), or lives (if an individual).
How long do UCC filings last in Florida?
A UCC1 financing statement is effective for a period of five years. A record that is not continued before its lapse date will cease to be effective, costing the secured party their perfected status and perhaps their priority position to collect. Once a financing statement has lapsed, it cannot be revived.
Does a UCC-1 have to be signed?
UCC-1 Financing Statements do not have to be signed by either the Debtor or Secured Party; however, they must be authorized. Although the UCC-1 Financing Statement does not require signatures, any attachment such as the legal description or special terms and conditions may require the signature of the Debtor.
How do I fill out a UCC-1?
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.
What is a UCC-1 fixture filing?
A filing on a fixture is a standard UCC-1 financing statement recorded with a secretary of state. It includes the fixture in the description of the collateral. It’s important to know it doesn’t attach a lien to real estate; you have a subordinate interest to the property owner and other creditors.
