Maine UCC3 Financing Statement Amendment

State:
Maine
Control #:
ME-UCC3
Format:
PDF
Instant download
This website is not affiliated with any governmental entity
Public form

Description

UCC3 - Financing Statement Amendment - Maine - For use after July 1, 2001. This amendment is to be filed in the real estate records. This Financing Statement complies with all applicable state statutes.

How to fill out Maine UCC3 Financing Statement Amendment?

Have any template from 85,000 legal documents including Maine UCC3 Financing Statement Amendment on-line with US Legal Forms. Every template is drafted and updated by state-accredited lawyers.

If you have already a subscription, log in. When you are on the form’s page, click on the Download button and go to My Forms to access it.

If you have not subscribed yet, follow the tips listed below:

  1. Check the state-specific requirements for the Maine UCC3 Financing Statement Amendment you need to use.
  2. Read through description and preview the template.
  3. When you’re confident the sample is what you need, simply click Buy Now.
  4. Choose a subscription plan that really works for your budget.
  5. Create a personal account.
  6. Pay out in one of two suitable ways: by credit card or via PayPal.
  7. Select a format to download the file in; two options are available (PDF or Word).
  8. Download the file to the My Forms tab.
  9. After your reusable form is ready, print it out or save it to your gadget.

With US Legal Forms, you’ll always have quick access to the right downloadable sample. The platform will give you access to documents and divides them into categories to streamline your search. Use US Legal Forms to obtain your Maine UCC3 Financing Statement Amendment fast and easy.

Form popularity

FAQ

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

How long does a UCC filing last? A UCC-1 filing is good for five years. After five years, it is considered lapsed and no longer valid.

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.

When the debtor has satisfied all amounts owed to the lender, a UCC-3 termination statement (now called a UCC termination statement) is routinely filed to terminate the security interest perfected by the UCC-1 financing statement.

The secured party has 20 days to either terminate the filing or send a termination statement to the debtor that the debtor can then file. If this does not happen within the 20-day time frame, the debtor may file a UCC-3 termination statement.

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.

A UCC1 financing statement is effective for a period of five years. A record that is not continued before its lapse date will cease to be effective, costing the secured party their perfected status and perhaps their priority position to collect. Once a financing statement has lapsed, it cannot be revived.

When the debtor has satisfied all amounts owed to the lender, a UCC-3 termination statement (now called a UCC termination statement) is routinely filed to terminate the security interest perfected by the UCC-1 financing statement.

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.

Trusted and secure by over 3 million people of the world’s leading companies

Maine UCC3 Financing Statement Amendment