North Las Vegas Nevada UCC3 Financing Statement Amendment Addendum

• Category: Nevada Contracts - Uniform Commercial Code
• State: Nevada
• City: North Las Vegas
• Control #: NV-UCC3-A
• Format: PDF

Description

UCC3 - Financing Statement Amendment Addendum - Nevada - 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. North Las Vegas Nevada UCC3 Financing Statement Amendment Addendum is a legal document that amends and adds to an existing UCC3 financing statement in North Las Vegas, Nevada. This document is crucial in modifying the initial filing, ensuring accuracy and clarity in recording financial interests and transactions. UCC3 Financing Statement Amendment Addendum is essential to protect the rights of lenders or creditors who have a secured interest in collateral owned by a debtor in North Las Vegas, Nevada. It provides an opportunity to make changes to the original financing statement, such as correcting errors, updating information, or extending the financing period. There are several types of UCC3 Financing Statement Amendment Addendum in North Las Vegas, Nevada, each serving a specific purpose. They include: 1. Corrective Addendum: This type of amendment addendum is used when there are factual errors or omissions in the original financing statement. It allows for rectifying any mistakes in debtor or secured party names, addresses, or description of collateral. 2. Continuation Addendum: When the initial financing statement is nearing its expiration, this addendum is utilized to extend the filing's validity. It allows the secured party to maintain their priority and security interest for an extended period, typically five years. 3. Termination Addendum: This type of amendment addendum is filed when the underlying debt has been fully satisfied, and the secured party no longer has an interest in the collateral. It serves as a notice to terminate the previously filed financing statement. 4. Assignment Addendum: In case of a transfer or assignment of a secured interest from one party to another, this addendum is used. It reflects the change in secured party information and ensures smooth transition and record keeping. 5. Amendment Addendum: This addendum is employed when modifications or additions, other than those mentioned above, need to be made to the original financing statement. It could include changes in collateral description, amendment of secured party information, or adding additional debtors or secured parties. It is crucial to adhere to the requirements set forth by the North Las Vegas, Nevada UCC laws and regulations when preparing and filing a UCC3 Financing Statement Amendment Addendum. Accuracy, completeness, and timely submission of these addenda are vital to protect secured parties' interests and maintain a clear and reliable public record of financial transactions.

North Las Vegas Nevada UCC3 Financing Statement Amendment Addendum is a legal document that amends and adds to an existing UCC3 financing statement in North Las Vegas, Nevada. This document is crucial in modifying the initial filing, ensuring accuracy and clarity in recording financial interests and transactions. UCC3 Financing Statement Amendment Addendum is essential to protect the rights of lenders or creditors who have a secured interest in collateral owned by a debtor in North Las Vegas, Nevada. It provides an opportunity to make changes to the original financing statement, such as correcting errors, updating information, or extending the financing period. There are several types of UCC3 Financing Statement Amendment Addendum in North Las Vegas, Nevada, each serving a specific purpose. They include: 1. Corrective Addendum: This type of amendment addendum is used when there are factual errors or omissions in the original financing statement. It allows for rectifying any mistakes in debtor or secured party names, addresses, or description of collateral. 2. Continuation Addendum: When the initial financing statement is nearing its expiration, this addendum is utilized to extend the filing's validity. It allows the secured party to maintain their priority and security interest for an extended period, typically five years. 3. Termination Addendum: This type of amendment addendum is filed when the underlying debt has been fully satisfied, and the secured party no longer has an interest in the collateral. It serves as a notice to terminate the previously filed financing statement. 4. Assignment Addendum: In case of a transfer or assignment of a secured interest from one party to another, this addendum is used. It reflects the change in secured party information and ensures smooth transition and record keeping. 5. Amendment Addendum: This addendum is employed when modifications or additions, other than those mentioned above, need to be made to the original financing statement. It could include changes in collateral description, amendment of secured party information, or adding additional debtors or secured parties. It is crucial to adhere to the requirements set forth by the North Las Vegas, Nevada UCC laws and regulations when preparing and filing a UCC3 Financing Statement Amendment Addendum. Accuracy, completeness, and timely submission of these addenda are vital to protect secured parties' interests and maintain a clear and reliable public record of financial transactions.