Washington Sample Letter for UCC-3 Termination Statement

State:
Multi-State
Control #:
US-0186LTR
Format:
Word; 
Rich Text
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This form is a sample letter in Word format covering the subject matter of the title of the form.

Title: Comprehensive Guide to Washington Sample Letter for UCC-3 Termination Statement Introduction: A Washington Sample Letter for UCC-3 Termination Statement serves as a legal document to terminate a UCC-3 financing statement filed in the state of Washington. This article provides an in-depth exploration of what a UCC-3 Termination Statement is, why it is necessary, and how to create a Washington-specific sample letter. Keywords: Washington, Sample Letter, UCC-3 Termination Statement, legal document, financing statement 1. Understanding UCC-3 Termination Statement: — A UCC-3 Termination Statement is a legal document used to formally terminate a UCC-1 financing statement, which establishes a security interest in personal property. — Termination statements are filed with the Washington Secretary of State, and it is essential to use the correct format and content specific to Washington. 2. Why Use a Sample Letter for UCC-3 Termination Statement: — A sample letter provides a clear structure and format to follow when drafting a UCC-3 Termination Statement, ensuring compliance with Washington State laws and regulations. — Using a sample letter saves time and minimizes the risk of errors or omissions that might result in rejected filings. Types of Washington Sample Letters for UCC-3 Termination Statement: 1. Individual UCC-3 Termination Statement Sample Letter: — This type applies when an individual debtor wants to terminate a personal financing statement. — It requires specific personal information of the debtor, including name, address, and UCC filing number. 2. Business UCC-3 Termination Statement Sample Letter: — This type applies when a business entity intends to terminate a financing statement. — It requires the business name, business identification number, address, and UCC filing number. 3. Amended UCC-3 Termination Statement Sample Letter: — This type is used when modifying or correcting information in a previously filed UCC-3 termination statement. — It requires detailed information about the error or correction needed, the original filing information, and the new correct information. 4. Partial UCC-3 Termination Statement Sample Letter: — This type is used when terminating only a portion of a previously filed financing statement. — It requires clear identification of the specific collateral or collateral ranges that are being terminated. Conclusion: A Washington Sample Letter for UCC-3 Termination Statement is a crucial legal document used when terminating a UCC-3 financing statement in Washington State. By using a sample letter designed specifically for Washington, individuals and businesses can ensure compliance, accuracy, and efficiency when handling termination filings. It is important to select the appropriate type of sample letter based on the circumstances to ensure the correct information is included and avoid potential rejection of the filing. Keywords: Washington, Sample Letter, UCC-3 Termination Statement, legal document, financing statement, individual, business, amended, partial

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This form is a sample letter in Word format covering the subject matter of the title of the form. Ucc Termination Request Letter Related forms. 11-Jul-2023 — A Termination for personal property is accomplished by completing and filing form UCC-3 with the Secretary of State's office in the appropriate ...A UCC-3 termination statement (a Termination) is a required filing that terminates a security interest that has been perfected by a UCC-1 filing. A Termination ... 1a. INITIAL FINANCING STATEMENT FILE NUMBER TERMINATION: Effectiveness of the Financing Statement identified above is terminated with respect to the security ... UCC Financing Statement Amendment (UCC3)​​ Use this form to change, terminate, continue, or assign an existing financing statement. You must swear under oath that you've satisfied the debt in full and complete the UCC termination form. To avoid these scenarios from jeopardizing your ... This article will look at UCC-1 and UCC-3 forms, reasons to file and common mistakes. UCC-1 forms. The most common UCC form is the UCC-1 or Financing Statement. 25-Mar-2013 — A request for evidence of authorization relating to filed terminations is an appropriate due diligence request. It is equally important for ... Amendments, Re-recordings and Corrections to Security, Financing, Continuation, Termination, Assignments, and Release Statements ... The UCC filings listed above ... A UCC-1 is a “financing statement” filed to provide notice that a creditor has a security interest in a debtor's personal property. It is not an agreement. It ...

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Washington Sample Letter for UCC-3 Termination Statement