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South Carolina UCC3 Financing Statement Amendment Addendum

South Carolina Ucc Forms

Name: South Carolina UCC3 Financing Statement Amendment Addendum
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.75 (244 reviews)

Category:

South Carolina Contracts - Uniform Commercial Code

State:

South Carolina

Control #:

SC-UCC3-A

Format:

Instant download

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Public form

Description South Carolina Ucc 3 Form

UCC3 - Financing Statement Amendment Addendum - South Carolina - For use after July 1, 2001. This form is to be used as an addendum to the financing statement amendment. This form is to be filed in the real estate records.

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How to fill out South Carolina UCC3 Financing Statement Amendment Addendum?

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FAQ

Enter your information. The type of information you can use to search UCC filings varies among states. Retrieve your results. The website will return results based on the information you entered. Record financial statement numbers.

Rules vary by State around releasing a UCC lien after a borrower satisfied the debt. Primarily there are two main ways to remove them. One way is by having the lender file a UCC-3 Financing Statement Amendment. Another way to remove a UCC filing is by swearing an oath of full payment at the secretary of state office.

A UCC-1 financing statement (an abbreviation for Uniform Commercial Code-1) is a legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt).

Also known as a UCC-3, and, depending on the context, a UCC-3 financing statement amendment, a UCC-3 termination statement, and a UCC-3 continuation statement. Under the Uniform Commercial Code, a UCC-3 is used to continue, assign, terminate, or amend an existing UCC-1 financing statement (UCC-1).

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. 1. A Termination for personal property is accomplished by completing and filing form UCC-3 with the Secretary of State's office in the appropriate state.

If you ever find yourself in that frustrating situation the answer is: Yes, you can, providing there is no existing obligation to the lender. This is provided for in Section 9-513 of the Uniform Commercial Code.

To assign (1) some or all of Assignor's right to amend the identified financing statement, or (2) the Assignor's right to amend the identified financing statement with respect to some (but not all) of the collateral covered by the identified financing statement: Check box in item 3 and enter name of Assignee in item 7a

After receiving your request, the lender has 20 days to terminate the UCC filing.

South Carolina Ucc Forms

Description South Carolina Ucc 3 Form

Ucc South Carolina Related forms

How to fill out South Carolina UCC3 Financing Statement Amendment Addendum?

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FAQ

How do I pull UCC filings?

How do you release a UCC financing statement?

What is a UCC Financing Statement amendment?

What is a UCC 3 amendment?

What is a UCC 3 Termination Statement?

Can a debtor terminate a UCC filing on themselves?

How do I assign a UCC financing statement?

How long does it take to release a UCC filing?

How do I terminate a UCC financing statement?

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