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  • Tn Form Ucc1ad - Tn.gov - Tn

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Jul 1, 2013 ... INSTRUCTIONS. UCC Information Request (TN Form UCC11) ... may be obtained by going to http://www.tn.gov/sos/forms/ucc1.pdf, by emailing.

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How to use or fill out the TN Form UCC1Ad - TN.gov - Tn online

The TN Form UCC1Ad is a vital document for adding debtors or secured parties to an existing UCC Financing Statement. This guide will provide you with a clear and straightforward approach to filling out the form online, ensuring that your information is processed accurately and efficiently.

Follow the steps to complete the UCC1Ad addendum successfully.

  1. Click ‘Get Form’ button to obtain the form and open it in your preferred document editor.
  2. In the first section (item 9), enter the name of the first debtor as listed in your UCC Financing Statement (UCC1), ensuring the spelling and formatting are exact.
  3. If adding an additional debtor, complete item 10 with the new debtor's name and mailing address, exactly as required in the UCC1 instructions.
  4. For an additional secured party, fill in item 11 with the name and address of the new secured party, if applicable, following the established format.
  5. In item 12, provide any additional details regarding the collateral if the original description was insufficient.
  6. If collateral involves real estate, complete item 16 with a full legal description of the property and use item 15 to state the record owner's name and address if the debtor does not hold a record interest.
  7. Mark the appropriate box in item 13 if the UCC Financing Statement is to be filed in the real estate records.
  8. Complete item 14 if the UCC covers timber, as-extracted collateral, or is a fixture filing.
  9. Use item 17 for any miscellaneous information that may be necessary, ensuring to exclude any confidential personal information.
  10. Once all fields are completed, review the form for accuracy. You can then save your changes, download the form, print it for your records, or share it as needed.

Complete your documents online to ensure a smooth filing process.

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A Uniform Commercial Code filing—or UCC filing—is a form of notice that lenders use when securing a borrower's loan with an asset or group of assets. This enables lenders to seize the listed property as a way of recouping loan funds in the case of borrower default.

A UCC filing, also known as a UCC lien or a UCC-1, is a financing statement which lenders can file against your business with your secretary of state. When you take out a secured loan, the lender may file a lien to protect the asset(s) you committed to secure financing.

Essentially, a UCC-1 can be described as a financing statement. In fact, it is sometimes called a UCC financing statement. A creditor files a UCC-1 to provide notice to interested parties that he or she has a security interest in a debtor's personal property.

In general, a UCC filing is not bad for your business — it simply serves as an official notice to other creditors that your lender has a security interest in one or all of your assets. However, UCC filings can impact your business credit, risk your company's assets and/or hinder your ability to get future financing.

A UCC financing statement is valid until it lapses. How much is the filing fee to file a UCC1? The filing fee is fifteen dollars ($15.00) per debtor. When there are multiple debtors listed on a single financing statement, a fifteen dollar ($15.00) fee is required for each debtor.

Generally speaking, lenders will mostly file UCC liens on property or real estate or any other business assets. If you fail to pay your debt, a judgment creditor can usually seize cash from your bank account or force the sale of most business assets.

Print and Mail: Go to http://tnbear.tn.gov/UCC. Use the online tool to complete the filing. Print and mail the application along with the required filing fee and recording tax to the Secretary of State's office at ATTN: UCC, 312 ROSA L PARKS AVE #6, NASHVILLE TN 37243-1102.

A UCC-1 financing statement is a legal form that a creditor files to give notice that it has the right to take possession of and sell certain assets belonging to the debtor for the repayment of a specific debt.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232