Washington Release of Security Interest - Termination Statement

State:
Multi-State
Control #:
US-0587BG
Format:
Word; 
Rich Text
Instant download

Description

This form is for the release of security interest.

How to fill out Release Of Security Interest - Termination Statement?

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FAQ

The easiest way to file a financing statement or search UCC records is online. Follow the directions to fill out the form, pay with a credit card, and print your acknowledgement or search report.

An easement or covenant that requires the owners of separately owned parcels of real estate to share costs or other obligations associated with a party wall, driveway, well, or other similar use does not create a common interest community.

(1) An association may not prohibit display of the flag of the United States, or the flag of Washington state, on or within a unit or a limited common element, except that an association may adopt reasonable restrictions pertaining to the time, place, or manner of displaying the flag of the United States necessary to ...

A security interest attaches to collateral when it becomes enforceable against the debtor with respect to the collateral, unless an agreement expressly postpones the time of attachment. (E) The collateral is chattel paper and the secured party has possession and control under RCW 62A.

Fill in the debtor's name and mailing address. It may be an individual, or it may be in the name of a business or organization. If the loan is in the name of the business, include the business mailing address. There is space for additional debtors. Include them exactly as they appeared on the loan agreement.

The termination agreement must specify a date after which the agreement is void unless it is recorded before that date. A termination agreement and all ratifications of the agreement must be recorded in every county in which a portion of the common interest community is situated and is effective only upon recordation.

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Washington Release of Security Interest - Termination Statement