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A UCC 3 termination filing is a legal document used to officially terminate a UCC financing statement. When you engage in a rental agreement that requires the use of a UCC 3 addendum form for rental, this document ensures that any lien or claim on your property is removed. This is essential for securing your rights as a landlord or tenant, protecting you from unauthorized claims. Using the U.S. Legal Forms platform, you can easily create and file the necessary UCC 3 addendum forms to streamline this process.
A UCC3 addendum refers to additional documentation that supplements the information provided in a UCC-1 financing statement. It is used to clarify or provide more details about the original filing. This addendum is especially useful for rentals, as it can improve clarity on the terms and conditions established in your agreements.
To complete a UCC-3 termination, you must fill out the UCC-3 form indicating that you are terminating the original UCC-1 statement. Be sure to include all necessary information, such as debtor details and filing number. This process is vital when using a Ucc 3 addendum form for rental agreements. To simplify this, uslegalforms offers templates and guidance to ensure your termination is processed smoothly.
Completed forms along with the applicable fees can be mailed to Secretary of State, UCC Section, P.O. Box 942835, Sacramento, CA 94235-0001 or delivered in person (drop off) to the Sacramento office, 1500 11th Street, Sacramento, CA 95814.
The UCC-1 form, or Financing Statement, is a form you must file to place a lien on property or assets belonging to someone you have made a loan to. This creates a public record and serves as evidence in any legal dispute over liability.
A Uniform Commercial Code filing, also known as a UCC filing, is a document that lenders use to establish their legal right to assets that a borrower uses to secure a loan. This notice allows the lender to seize the borrower's collateral in the case of default.
?UCC? stands for Uniform Commercial Code. The Uniform Commercial Code is a uniform law that governs commercial transactions, including sales of goods, secured transactions and negotiable instruments. The Uniform Commercial Code is a comprehensive set of statutes created to provide consistency among the states.
The scam mailer, Tennessee UCC Statement Request Form, tries to get Tennesseans to pay $107 for the TN UCC Statement Service to request a copy of the UCC-1 financing statement on behalf of the debtor. The mailer implies that the recipient needs a copy of the UCC-1 financing statement.