Queens New York UCC3 Financing Statement Amendment Addendum

• Category: New York Secretary of State - Uniform Commercial Code
• State: New York
• County: Queens
• Control #: NY-UCC3-A
• Format: Word; PDF; Rich Text

Description

UCC3 - Financing Statement Amendment Addendum - New York - 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. Queens New York UCC3 Financing Statement Amendment Addendum is a legal document that allows amendments to be made to an existing UCC3 financing statement in Queens, New York. This addendum serves as an extension or modification of the original financing statement, providing additional information or making changes to the initial filing. The UCC3 Financing Statement Amendment Addendum is used when an individual or entity needs to update or correct information on their original UCC3 financing statement. This could be due to changes in the debtor's name, address, or other essential details. It ensures that the public record accurately reflects the most up-to-date information regarding the secured transaction. Some common types of Queens New York UCC3 Financing Statement Amendment Addenda include: 1. Name Change Amendment: This addendum is filed when a debtor changes their name, either due to marriage, divorce, or any other reason. It is essential to update the UCC3 financing statement to maintain the security interest and clear identification of the debtor. 2. Address Change Amendment: If the debtor's address changes, an addendum must be filed to update this information on the financing statement accurately. 3. Collateral Modification Amendment: When the secured party needs to modify the collateral description or add additional collateral to the financing statement, this type of addendum is utilized. It ensures that the secured party's interests are protected and properly reflected in the public record. 4. Termination Amendment: In cases where the secured transaction has been fully satisfied or released, a termination amendment is filed to remove the financing statement from the public record. This indicates that the security interest has been extinguished and is no longer enforceable. It is important to note that these are just a few examples of the different types of UCC3 Financing Statement Amendment Addenda. The specific type will depend on the nature of the changes or updates required for the original financing statement. It is crucial to consult with a legal professional familiar with UCC laws and regulations to ensure compliance and avoid any potential issues.

Queens New York UCC3 Financing Statement Amendment Addendum is a legal document that allows amendments to be made to an existing UCC3 financing statement in Queens, New York. This addendum serves as an extension or modification of the original financing statement, providing additional information or making changes to the initial filing. The UCC3 Financing Statement Amendment Addendum is used when an individual or entity needs to update or correct information on their original UCC3 financing statement. This could be due to changes in the debtor's name, address, or other essential details. It ensures that the public record accurately reflects the most up-to-date information regarding the secured transaction. Some common types of Queens New York UCC3 Financing Statement Amendment Addenda include: 1. Name Change Amendment: This addendum is filed when a debtor changes their name, either due to marriage, divorce, or any other reason. It is essential to update the UCC3 financing statement to maintain the security interest and clear identification of the debtor. 2. Address Change Amendment: If the debtor's address changes, an addendum must be filed to update this information on the financing statement accurately. 3. Collateral Modification Amendment: When the secured party needs to modify the collateral description or add additional collateral to the financing statement, this type of addendum is utilized. It ensures that the secured party's interests are protected and properly reflected in the public record. 4. Termination Amendment: In cases where the secured transaction has been fully satisfied or released, a termination amendment is filed to remove the financing statement from the public record. This indicates that the security interest has been extinguished and is no longer enforceable. It is important to note that these are just a few examples of the different types of UCC3 Financing Statement Amendment Addenda. The specific type will depend on the nature of the changes or updates required for the original financing statement. It is crucial to consult with a legal professional familiar with UCC laws and regulations to ensure compliance and avoid any potential issues.