What is a UCC filing in North Carolina?

A UCC is a security agreement on personal property that is recorded to protect the lender's or secured party's investment. In a security agreement, a loan is secured by personal property as collateral, thereby giving the lender rights in the property.

Where do I file my UCC?

In all cases, you should file a UCC-1 with the secretary of state's office in the state where the debtor is incorporated or organized (if a business), or lives (if an individual).

Mecklenburg North Carolina UCC-1 for Real Estate

Name: Mecklenburg North Carolina UCC-1 for Real Estate
Brand: US Legal Forms
Rating: 4.78 (258 reviews)

Category:

Letters - Loans and Lending

State:

Multi-State

County:

Mecklenburg

Control #:

US-0158LTR-2

Format:

Instant download

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

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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.

A UCC is a security agreement on personal property that is recorded to protect the lender's or secured party's investment. In a security agreement, a loan is secured by personal property as collateral, thereby giving the lender rights in the property.

Go to the website for your county. At most county websites you can search by the parcel location or street address. Once you find the parcel of land, select it. You should find information about that parcel, including who owns it.

Effective July 1, 2001, all original UCCs and amended UCCs to be filed in North Carolina will be filed at the Secretary of State's Office in Raleigh, unless the UCC or amendment form indicates that the document is to be filed in the real estate records of the local filing office and meets all requirements of Revised

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.

Uniform Commercial Code1 statement is a legal notice filed by creditors in an effort to publicly declare their right to seize assets of debtors who default on loans. UCC1 notices are typically printed in local newspapers, in an effort to publicly express a lender's intent to seize collateralized assets.

All real estate records are public records and are available for inspection between the hours of 8 a.m. and 5 p.m. Monday through Friday. The Register of Deeds Office is located in the County and Courts Office Building, 720 East Fourth Street, Charlotte, NC 28202.

In all cases, you should file a UCC-1 with the secretary of state's office in the state where the debtor is incorporated or organized (if a business), or lives (if an individual).

A UCC filing creates a lien against the collateral a borrower pledges for a business loan. The uniform commercial code is a set of rules governing commercial transactions. When a business owner receives financing secured by collateral, a lender can file a UCC lien against the assets pledged by the business owner.

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Corporate investors are buying up properties across Mecklenburg County: What's the solution? Certain real property located on Applegate Road South and 1805 Mecklenburg Road, Town of.Besides being a piece of property, the American slave.

Mecklenburg North Carolina UCC-1 for Real Estate

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