Utah Questionnaire to Secure Initial Data for Title Search
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How to fill out Questionnaire To Secure Initial Data For Title Search?
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Uniform Commercial Code (UCC) filings allow creditors to notify other creditors about a debtor's assets used as collateral for a secured transaction. UCC liens filed with Secretary of State offices act as a public notice by the "creditor" of the creditor's interest in the property.
You can do a title search on our website by Searching Utah County Records, or contact a title company to perform one for you. You should be aware that there may be other liens and judgments or encumbrances affecting your property that will not be found in the Recorder's records.
UCC-1 filings do have a shelf life. Once filed, a UCC-1 Financial Statement is typically active for five years. It's common, of course, for the terms of a business loan to extend past that, so lenders need to remember to renew the UCC-1 filing at the first five year mark, and every five years thereafter.
The UCC's general rule is that a financing statement remains valid for a period of five years from the date of filing. Unless a continuation statement is properly filed before expiration of the five year period, the effectiveness of the financing statement will lapse.
Anyone can request public records and a statement of purpose is not required. There are no restrictions on the use of public records under the Utah Government Records Access and Management Act and the act requires that responses be made within at least 10 business days.
UCC - Frequently Asked Questions - UCC-1 and UCC-3. Most filings last for five (5) years from the date of filing. Filings for a debtor that is a transmitting utility have no expiration date.
About GRAMA GRAMA 63-2-204 requires that a person making a request for a record shall furnish the governmental entity with a written request containing a name, mailing address, daytime phone number, and a description of the records with reasonable specificity.
Entities that have an interest in a Section 202 and/or Section 811 property must file a UCC as part of the closing process and every five years thereafter.