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District of Columbia UCC11 Information Request

District of Columbia UCC11 Information Request

Name: District of Columbia UCC11 Information Request
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.84 (248 reviews)

Category:

District of Columbia Secretary of State - Uniform Commercial Code

State:

District of Columbia

Control #:

DC-SKU-0491

Format:

Instant download

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Public form

Description

UCC11 Information Request The District of Columbia UCC11 Information Request is an official request for information related to Uniform Commercial Code (UCC) filings in the District of Columbia. These requests are typically made by lenders, business owners, or other interested parties to obtain information about secured transactions in the District. The request is made to the UCC Division of the District of Columbia Department of Consumer and Regulatory Affairs (DORA). There are three types of District of Columbia UCC11 Information Requests: UCC-1 Financing Statements, UCC-3 Amendments, and UCC-5 Terminations. UCC-1 Financing Statements provide information on a secured party's security interest in collateral. UCC-3 Amendments are used to modify an existing UCC-1 filing, such as adding new debtors or changing the collateral. UCC-5 Terminations are used to release a secured party's interest in the collateral, thereby ending the security interest.

The District of Columbia UCC11 Information Request is an official request for information related to Uniform Commercial Code (UCC) filings in the District of Columbia. These requests are typically made by lenders, business owners, or other interested parties to obtain information about secured transactions in the District. The request is made to the UCC Division of the District of Columbia Department of Consumer and Regulatory Affairs (DORA). There are three types of District of Columbia UCC11 Information Requests: UCC-1 Financing Statements, UCC-3 Amendments, and UCC-5 Terminations. UCC-1 Financing Statements provide information on a secured party's security interest in collateral. UCC-3 Amendments are used to modify an existing UCC-1 filing, such as adding new debtors or changing the collateral. UCC-5 Terminations are used to release a secured party's interest in the collateral, thereby ending the security interest.

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FAQ

A UCC filing is essentially a public record of collateral. It is a public, searchable record that protects a creditor's rights should the debtor default. This record is typically filed with the secretary of state, but since D.C. is not a state, it's filed with The District's Recorder of Deeds.

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.

If you have a UCC against real property, better known as a ?fixture filing?, this would be filed in the land records of the ROD, while vast majority are found in the ?chattel? records (yes, DC still uses the word chattel). You may also search for Federal and DC tax liens and judgments at the ROD.

11 Form is used to request a certified listing or certified copy of one or many debtors. If you simply want to browse and view information without it being certified, you can use the public browse (database search function).

A UCC filing won't impact your business credit scores directly because it doesn't indicate anything about your ability to repay your debts. However, it can affect your ability to get credit again in the future.

?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 UCC search is a general search of filings in the system and may. be used to limit or determine the search criteria for a UCC-11 search. For example, if a user knows the last name of a debtor, but is not sure. how to spell the first name, the user may enter the debtor's last name.

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. This personal property is being used as collateral in some type of secured transaction, usually a loan or a lease.

More info

When properly completed, send form parts 1 and 2 (labeled Filing Office Copy (1) and (2)), with required fee, to filing office. Always detach Requestor Copy.View and download UCC forms and UCC filing forms associated with the Uniform Commercial Code and Georgia's UCC Central Indexing System. Copies will be returned to you. As of May 30, 2023 we have processed all UCC documents received in our office through May 19, 2023. Please type or laser-print this form. Be sure it is completely legible. Please type or print this form. UCC-11 Information Request (California) Form. This is a California form and can be use in Uniform Commercial Code Secretary Of State.

District of Columbia UCC11 Information Request

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