The Uniform Commercial Code Filing Guide presents
The New Ten Commandments of UCC Filing
© in Land Recording Offices Under Revised Article 9

I. File UCC financing statements in land recording offices where the collateral is located only for fixtures, timber to be cut, and as-extracted collateral

II. Only use the national standard forms and addendum's

III. Include legal description of property, property address - and property identification number if required - on the national standard financing statement addendum

IV. If the debtor is not the property owner, enter the record owner name(s) on the national standard financing statement addendum

V. Check the proper boxes in items 6 and 13 on the national standard financing statement and addendum

VI. On all amendments - defined to include any changes, continuations or termination's - check box 1b, and repeat the type of collateral (fixture, etc.) and the legal description from the initial financing statement, if required by the recording office

VII. On all amendments, enter the recording number (book and page, etc.) and date of the initial financing statement, and repeat all debtor, secured party and record owner name(s)

VIII. Include the proper fee for recording and indexing the filing as if it were a mortgage

IX. Recording offices may require one or two acknowledgment copies in addition to the original forms and attachments

X. Always include a self-addressed, stamped envelope

Rev.10/11/01

Dedicated to Eliminating Document Rejects


Courtesy of Ernst Publishing Co. LLC
PO Box 338, Ravena, NY 12143-0338
Phone: 800.345.3822 / Web: www.ernst.cc

 

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