
FILING OFFICE COPY UCC FINANCING STATEMENT ADDITIONAL PARTY Form UCC1AP Rev


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People also ask
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Where to file UCC-1 in New York?
By Mail: send the completed form with the processing fee of $40 to the New York State Department of State, Division of Corporations, State Records and Uniform Commercial Code, One Commerce Plaza, 99 Washington Avenue, Albany, New York 12231.
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What is the purpose of filing a UCC financing statement?
The financial statement serves a similar purpose as recording a deed for real property: registering debt with a state so other creditors and the government can track legitimate security interests in property.
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Where should a UCC-1 be filed?
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).
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How do I resolve a UCC filing?
Ways to Remove a UCC Filing Ask the lender to terminate the lien upon payoff. ... Visit your secretary of state's office. ... Dispute inaccurate information on your business credit reports.
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Does the UCC apply in New York?
New York State's Uniform Commercial Code (“UCC”) guides the sale of commercial business transactions, including the sale of goods between parties. Article 9 of the UCC governs transactions that combine a debt with a creditor's interest in a debtor's personal property.
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What is a UCC filing in New York?
Uniform Commercial Code Financing Statement (UCC1) is a legal form that a secured party files to give notice that it has or may have an interest in the personal property of a debtor.
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How do you file a UCC-1?
If the collateral is real property (such as a mortgage or equipment), you should also file a UCC-1 with the county recorder's office in the county where the debtor's real property is located. Secretaries of state have websites set up where you can file a UCC-1.
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Where do UCCS need to be filed?
In addition to filing with the state, the UCC is filed with the County office that holds the county real estate records for the property. Filings for ownership entities are made in the state where the entity is registered. Filings for individuals are made in the state in which the individual resides.
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