Uniform Commercial Code Statement With Text

State:
Multi-State
Control #:
US-UCC1-AD
Format:
Word; 
PDF
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Description

This form is a UCC Financing Statement Addendum for use in documenting personal property used as collateral for a loan. Available in Word and Adobe pdf format.

How to fill out UCC1-AD Financing Statement Addendum?

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FAQ

The point of a UCC is to standardize and clarify laws governing commercial transactions, making them easier to understand and enforce. It seeks to minimize conflicts and confusion in business dealings. A well-articulated Uniform Commercial Code statement with text serves as a roadmap for businesses to follow. This guidance helps ensure smoother transactions and promotes operational efficiency.

In Pennsylvania, the Self-Service Storage Facilities Act, 73 P.S. § 1901 et seq. (?Act?), governs these self storage facilities. Importantly, the Act provides that: the storage facility owner has a lien on all personal property stored in the facility.

On average, you'll have to pay $130 per month for a 10'x10' non-climate-controlled unit in Pennsylvania. Depending on unit size and amenities, you can expect to pay anywhere from $0 for smaller storage units, to $15,367 for significantly larger spaces.

A Guide To The Storage Unit Eviction Process Step 1: Determine the Lease Violation. ... Step 2: Send a Lease Termination Notice. ... Step 3A: Sell/Auction the Tenants' Belongings (For Nonpayment) ... Step 3B: File an Eviction Lawsuit with the Court (For Other Circumstances) ... Step 4: Receive a Court Order to Enter and Empty the Unit.

So here are some useful ideas and tips on how to protect your possessions in storage: Choose the right storage facility. ... Protect fragile items in store. ... Use the right packing boxes. ... Use plastic storage containers. ... Storing items in suitcases. ... Sole access to your storage container. ... Safe transportation in and out of storage.

Completely Cover Your Couch: While many people use shrink wrap to prepare a couch for self storage, if stored for more than six months, plastic wrap may promote a build up of moisture. Instead, consider wrapping your couch in soft blankets secured with bungee cords or packing strips.

It's best to avoid putting food, hazardous materials, living creatures, sentimental items, guns and ammunition, plants, flammable liquids, chemicals, or perishable items in a storage unit. These items can be dangerous, cause damage to the unit, or even be illegal to store.

Valuable Items? Items such as jewelry, coins (historical and collectible) and precious metals should not be stored in a self storage unit. It's better to keep these items safely in your home or at your bank in a safe deposit box.

Let's discuss some tips and tricks for preparing your items for storage in a storage unit. Get Rid of Any Junk. ... Remove Any Restricted Items. ... Inventory Your Property. ... Clean All Belongings. ... Sort Items into Labeled Boxes. ... Protect Antiques, Electronics, and Other Valuable Items. ... Plan How You'll Organize Your Storage Unit.

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Uniform Commercial Code Statement With Text