US Legal Forms
Pennsylvania UCC3AP Financing Statement Amendment Additional Party...

Pennsylvania UCC3AP Financing Statement Amendment Additional Party (National)

Name: Pennsylvania UCC3AP Financing Statement Amendment Additional Party (National)
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.81 (433 reviews)

Category:

Pennsylvania Department of State - Uniform Commercial Code

State:

Pennsylvania

Control #:

PA-SKU-0230

Format:

Instant download

This website is not affiliated with any governmental entity

Public form

Description

UCC3AP Financing Statement Amendment Additional Party (National) The Pennsylvania UCC3AP Financing Statement Amendment Additional Party (National) is a document that is used to add a party to a UCC3AP Financing Statement. This document is used when an additional party is needed to add or release a security interest on the financing statement and is filed with the Pennsylvania Secretary of State. There are two types of Additional Party Amendments: an Additional Debtor Amendment, which adds a debtor to the financing statement, and an Additional Secured Party Amendment, which adds a secured party to the financing statement. Both of these are filed in the National UCC Database.

The Pennsylvania UCC3AP Financing Statement Amendment Additional Party (National) is a document that is used to add a party to a UCC3AP Financing Statement. This document is used when an additional party is needed to add or release a security interest on the financing statement and is filed with the Pennsylvania Secretary of State. There are two types of Additional Party Amendments: an Additional Debtor Amendment, which adds a debtor to the financing statement, and an Additional Secured Party Amendment, which adds a secured party to the financing statement. Both of these are filed in the National UCC Database.

View Bill of Sale with Warranty for Corporate Seller

View this form

View Bill of Sale without Warranty by Corporate Seller

View this form

View Bill of Sale without Warranty by Individual Seller

View this form

View Chapter 13 Plan

View this form

View Reaffirmation Agreement

View this form

How to fill out Pennsylvania UCC3AP Financing Statement Amendment Additional Party (National)?

US Legal Forms is the most easy and cost-effective way to locate appropriate formal templates. It’s the most extensive online library of business and personal legal documentation drafted and verified by legal professionals. Here, you can find printable and fillable blanks that comply with national and local laws - just like your Pennsylvania UCC3AP Financing Statement Amendment Additional Party (National).

Obtaining your template takes only a few simple steps. Users that already have an account with a valid subscription only need to log in to the website and download the form on their device. Later, they can find it in their profile in the My Forms tab.

And here’s how you can get a professionally drafted Pennsylvania UCC3AP Financing Statement Amendment Additional Party (National) if you are using US Legal Forms for the first time:

Look at the form description or preview the document to ensure you’ve found the one meeting your demands, or find another one using the search tab above.
Click Buy now when you’re sure of its compatibility with all the requirements, and choose the subscription plan you like most.
Register for an account with our service, log in, and pay for your subscription using PayPal or you credit card.
Choose the preferred file format for your Pennsylvania UCC3AP Financing Statement Amendment Additional Party (National) and save it on your device with the appropriate button.

Once you save a template, you can reaccess it at any time - simply find it in your profile, re-download it for printing and manual completion or import it to an online editor to fill it out and sign more efficiently.

Take full advantage of US Legal Forms, your reliable assistant in obtaining the corresponding official documentation. Give it a try!

Form Rating

4.81

Satisfied(433)

Form popularity

FAQ

Now, for example, let's say you want to take a second mortgage with Bank#2. Bank#2 will search the Secretary of State records and find that Bank#1 has already lent you money. Bank#2 will not get its money back until Bank#1 has been paid in full so its interest is referred to as "subordinated".

A UCC3 is a change statement to a UCC1. It's an amendment filing to an original UCC1 financing statement that changes or adds information to the originally filed UCC1. It's a filing tool secured parties use to manage their UCC portfolio to maintain their perfected security interests.

Assignment When a secured party needs to assign or transfer all or a portion of its rights to the collateral listed in a UCC-1 financing statement. It is considered an alteration of the previous filing.

A UCC 3 Subordination is a form used when more than one lender has an interest in the same collateral. In this situation, a subordination agreement should be signed in order to establish the order in which the lenders will be refunded the money.

To do so you will generally need to make a trip in person down to your secretary of state's office. Once there, you will be able to swear under oath that you've satisfied the debt in full and wish to request for the UCC-1 filing to be removed.

Pennsylvania became the first state to adopt the UCC in 1953, and every other state followed suit over the next twenty years.

A Subordination Agreement is a legal document that confirms that a debt is higher in rank (takes precedence) over another debt. This means that, if the debt is unpaid and the assets of the debtor are sold to paid the debt, the debt with a higher priority is paid first.

UCC-3 party amendments: A UCC-3 amendment is a type of filing used to change or add critical information about the debtor or the secured party. For example, they can be used to change the name or the address.

More info

Enter file number of initial financing statement as shown in item 1a of Amendment (Form UCC3) to which this Amendment. Addendum relates. 20.If this Amendment (Form UCC3) is to be filed in the real estate records, complete the required information. (items 15, 16, and 17). UCC3AP Financing Statement Amendment Additional Party (National) Form. If this Amendment Additional Party adds additional Debtors, complete items 21, 22, and 23 in accordance with. Instruction 1 of Financing Statement (Form UCC1). National UCC Financing Statement Amendment (UCC3), ucc3_f.pdf. Enter information exactly as shown in item 9 on Amendment (Form UCC3). 2123. Additional Debtor's name.

Pennsylvania UCC3AP Financing Statement Amendment Additional Party (National)

Description

Related forms

How to fill out Pennsylvania UCC3AP Financing Statement Amendment Additional Party (National)?

Show more info

Form Rating

Form popularity

FAQ

What is an example of a UCC3 subordination?

What is an amendment to the UCC financing statement?

Can you assign a UCC filing?

Can you subordinate a UCC filing?

How do I challenge a UCC filing?

Has pa adopted the UCC?

What is a subordination of financing statement?

What is the UCC 3 amendment for name change?

More info

Trusted and secure by over 3 million people of the world’s leading companies