King Washington UCC3 Financing Statement Amendment Addendum

State:
Washington
County:
King
Control #:
WA-UCC3-A
Format:
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PDF; 
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Description

This form is a UCC financing statement addendum to amendment for use in recording security interests in personal property. Use to add an addendum to an existing recorded lien.


The King Washington UCC3 Financing Statement Amendment Addendum is a legal document used for the purpose of amending and updating a previously filed Financing Statement under the Uniform Commercial Code (UCC) in the state of Washington. This addendum serves to provide supplemental information or modify certain aspects of the original filing. Keywords: King Washington, UCC3 Financing Statement, Amendment, Addendum, legal document, Uniform Commercial Code, Washington state. There can be different types of King Washington UCC3 Financing Statement Amendment Addendums depending on the specific changes being made to the original Financing Statement. Some common types include: 1. Change in Collateral: This type of addendum is used when there is a need to add, remove, or modify the collateral described in the original Financing Statement. It allows for the inclusion or exclusion of specific assets or property that are subject to the security interest. 2. Change in Debtor Information: This addendum is utilized when there is a necessity to update or correct debtor information such as name, address, or other identification details provided in the original filing. It ensures accurate and up-to-date debtor information for future reference. 3. Change in Secured Party Information: This type of addendum is used to modify the information related to the secured party, such as name, address, or other contact details. It enables accurate identification and communication with the secured party involved in the financing transaction. 4. Change in Financing Statement Duration: If there is a need to extend or shorten the duration of the Financing Statement beyond the initial period stated in the original filing, this addendum is used. It allows for the adjustment of the expiration date of the security interest being claimed. It is important to note that the specific requirements and procedures for filing a King Washington UCC3 Financing Statement Amendment Addendum may vary based on the state's UCC laws and regulations. Therefore, it is advisable to consult with legal professionals or appropriate authorities for accurate guidance and compliance.

The King Washington UCC3 Financing Statement Amendment Addendum is a legal document used for the purpose of amending and updating a previously filed Financing Statement under the Uniform Commercial Code (UCC) in the state of Washington. This addendum serves to provide supplemental information or modify certain aspects of the original filing. Keywords: King Washington, UCC3 Financing Statement, Amendment, Addendum, legal document, Uniform Commercial Code, Washington state. There can be different types of King Washington UCC3 Financing Statement Amendment Addendums depending on the specific changes being made to the original Financing Statement. Some common types include: 1. Change in Collateral: This type of addendum is used when there is a need to add, remove, or modify the collateral described in the original Financing Statement. It allows for the inclusion or exclusion of specific assets or property that are subject to the security interest. 2. Change in Debtor Information: This addendum is utilized when there is a necessity to update or correct debtor information such as name, address, or other identification details provided in the original filing. It ensures accurate and up-to-date debtor information for future reference. 3. Change in Secured Party Information: This type of addendum is used to modify the information related to the secured party, such as name, address, or other contact details. It enables accurate identification and communication with the secured party involved in the financing transaction. 4. Change in Financing Statement Duration: If there is a need to extend or shorten the duration of the Financing Statement beyond the initial period stated in the original filing, this addendum is used. It allows for the adjustment of the expiration date of the security interest being claimed. It is important to note that the specific requirements and procedures for filing a King Washington UCC3 Financing Statement Amendment Addendum may vary based on the state's UCC laws and regulations. Therefore, it is advisable to consult with legal professionals or appropriate authorities for accurate guidance and compliance.

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FAQ

1 filing is good for five years. After five years, it is considered lapsed and no longer valid. Should your debtor remain in debt to you and encounter financial difficulty or file for bankruptcy, you have no secured interest if your UCC1 filing has lapsed.

Form UCC3 is used to amend (make changes to) a UCC1 filing. The required information is: An acknowledgement name and address. (Recommended for return copy of the filing.)

Form UCC3 is used to amend (make changes to) a UCC1 filing. The required information is: An acknowledgement name and address. (Recommended for return copy of the filing.)

How do I get rid of a UCC filing? You can remove a UCC filing when you've repaid your business loan in full. Once you repay the debt, the lender should remove the lien from your business assets. If not, you may request that the lender files a UCC-3 to terminate the lien.

A UCC3 is a change statement to a UCC1. It's an amendment filing to an original UCC1 financing statement that changes or adds information to the originally filed UCC1. It's a filing tool secured parties use to manage their UCC portfolio to maintain their perfected security interests.

To do so you will generally need to make a trip in person down to your secretary of state's office. Once there, you will be able to swear under oath that you've satisfied the debt in full and wish to request for the UCC-1 filing to be removed.

3 termination statement (a ?Termination?) is a required filing that terminates a security interest that has been perfected by a UCC1 filing. A Termination for personal property is accomplished by completing and filing form UCC3 with the Secretary of State's office in the appropriate state.

UCC. A UCC3 is a change statement to a UCC1. It's an amendment filing to an original UCC1 financing statement that changes or adds information to the originally filed UCC1. It's a filing tool secured parties use to manage their UCC portfolio to maintain their perfected security interests.

How do I get rid of a UCC filing? You can remove a UCC filing when you've repaid your business loan in full. Once you repay the debt, the lender should remove the lien from your business assets. If not, you may request that the lender files a UCC-3 to terminate the lien.

More info

Filed by: Bank, Pager: 787-3-3 Last amended by: Bank, Bank, is not responsible for the information contained herein. For more information call your financial institution.

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King Washington UCC3 Financing Statement Amendment Addendum