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US Legal Forms
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Ohio
Columbus
UCC1-AD Financing Statement Addendum

Columbus Ohio UCC1-AD Financing Statement Addendum

Category:

Contracts - Uniform Commercial Code - Financing Statements

State:

Multi-State

City:

Columbus

Control #:

US-UCC1-AD

Format:

Word;

PDF

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Description

This form is a UCC Financing Statement Addendum for use in documenting personal property used as collateral for a loan. Available in Word and Adobe pdf format.

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Interesting Questions

What happens after I file a UCC1-AD?

Once you file, the document becomes part of the public record. This means anyone can see it, which helps ensure that your claim is known. It’s like announcing, 'Hey, I’ve got dibs on this!'

Where can I submit my UCC1-AD in Columbus?

You can submit your UCC1-AD at the appropriate Ohio Secretary of State office, either online or in person. They have the resources to guide you through the process.

How do I know if I should add a UCC1-AD?

If your financing involves more detailed collateral or if the original UCC1 doesn’t cut it for the information needed, adding a UCC1-AD is probably the way to go. Better safe than sorry!

What's the difference between a UCC1 and a UCC1-AD?

Think of the UCC1 as the main dish and the UCC1-AD as the side salad. The UCC1 lays out the basics of the financing, while the UCC1-AD provides extra information on assets that are covered.

How do I fill out a UCC1-AD in Ohio?

Filling it out is pretty straightforward. You’ll need to enter details like the debtor's name, your name as the secured party, and a description of the collateral. Just take it step by step!

What is a UCC1-AD Financing Statement Addendum?

A UCC1-AD Financing Statement Addendum is a legal document that supports the main UCC1 Financing Statement. It adds extra details about the secured party or collateral in a financing agreement.