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Contract for the Lease of Personal Property

Personal Property And Securities Act In North Carolina

Category:

Leases - Contracts

State:

Multi-State

Control #:

US-00123

Format:

Instant download

Description

This form is a contract for the lease of personal property. The lessor demises and leases to the lessee and the lessee takes and rents from the lessor certain personal property described in Exhibit "A".

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How can I submit a UCC filing? E-Filing online. US Mail. NC Department of the Secretary of State. Attn: UCC. PO Box 29626. Raleigh, NC 27626-0626. Hand delivery. NC Department of the Secretary of State. 2 South Salisbury Street. Raleigh, NC 27601.

Legal requirements for the UCC-1 In order for a UCC-1 to hold weight in a legal proceeding, it must include the exact legal name of the debtor, the collateral included in the lien and the name of the secured party. When listing collateral, the law doesn't require a detailed description.

North Carolina's enactment of the UCC is codified in Chapter 25 of the North Carolina General Statutes (unofficial). North Carolina has adopted the following articles of the UCC: Article 1: General Provisions: UCC Article 1 deals with definitions and also the rules of interpretation of the provisions.

Real property consists of land and buildings. Personal property consists of, for this guide, tangible personal property or all personal property that is not intangible and is not permanently affixed to real property.

In such cases, the affidavit shall state: (i) the name and address of the affiant and the fact that the affiant is the surviving spouse and is entitled, under the provisions of the Intestate Succession Act, to all of the property of the decedent; (ii) that the value of all of the personal property owned by the estate ...

UCC - Frequently Asked Questions - UCC-1 and UCC-3. Most filings last for five (5) years from the date of filing. Filings for a debtor that is a transmitting utility have no expiration date. Manufactured Home filings last 30 years from the date of filing – appropriate box must be marked.

– Except as otherwise provided in subsections (e), (f), and (g) of this section, an initial financing statement filed in connection with a public-finance transaction or manufactured-home transaction is effective for a period of 30 years after the date of filing if it indicates that it is filed in connection with a ...

Personal property owners are responsible for annually completing and submitting a personal property listing form to the Tax Office. Individual Personal Property includes, but is not limited to unlicensed motor vehicles, jet skis, campers, camper trailers, aircraft, manufactured homes, boat motors and gliders.

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Under Revised Article 9 of the UCC, it is extremely important that you use the debtor's full and correct "legal" name when preparing the UCC1. North Carolina Securities Act.The 2024 business personal property listing form and instructions is for any individual(s) or business(es) owning or possessing personal property. The purpose of the North Carolina Securities Act is the regulation of the sale of securities for the protection of the investing public. Statutory Liens and Charges. The goal of this course is to provide an overview of the listing, valuation, and assessment of personal property, while developing an understanding. Complete the business personal property listing form. 1. Fill out the Affidavit for Collection of Personal Property of Decedent (AOC-E-203B). 2. This Section provides an essential service to the business community, offering a repository of records of UCC and federal lien documents. Personal property in a North Carolina county tax office. Introduction. 1-5.

Personal Property And Securities Act In North Carolina

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FAQ

How do I file an UCC in NC?

What is needed to file a UCC?

Does North Carolina follow the UCC?

What is the difference between real property and personal property in NC?

How to file an UCC lien in NC?

What is an affidavit for collection of personal property of a decedent in NC?

Do UCC filings expire?

How long is a UCC filing good for in North Carolina?

What is considered personal property in NC?

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