Registered Agent Solutions, Inc. (RASi) has years of experience in the searching of public records. We perform public record searches at the local level, state level, federal level, as well as internationally. We are familiar with the various search logic methods used in these recording offices and are able to provide expedient and accurate results. Whether you are searching for UCC Financing Statements or Fixture Filings, or any other types of public records and/or liens, RASi has the experience and resources to provide you with comprehensive search results. RASi is also versed in the Revised Article 9 (RA9) guidelines that affect the location and methods used for particular record searches.
The search for UCC Financing Statements, often referred to as UCC Searches, is one of the most common public record searches performed in conjunction with corporate and financial transactions. UCC searches seek to locate liens filed against a debtor (individual or company) that has entered into a secured agreement and has a financial obligation to a secured party supported by collateral described within the financing statement.
Since the implementation of Revised Article 9 (RA9) of the UCC, there are strict rules for the filing of UCC financing statements and specific guidelines for the searching of UCC financing statements. Since RA9 governs the proper jurisdiction for the filing of UCC financing statements, most UCC searches are conducted where the debtor lives (if an individual) or where the debtor has incorporated (if a company). There are instances where it is prudent to expand the scope of the UCC searches to ensure a debtor does not have any outstanding financial obligations that could affect the decision of another prospective secured party to enter into a financial agreement. RA9 also requires all parties to use their "exact name" or "legal name" when filing a UCC financing statement. While in theory this should make UCC searches more accurate, many states have restricted their search logic to "exact name" searches as well limiting the ability to find filings that may have abbreviated names or misspellings, etc.
At the local level, UCC financing statements or other security agreements relating to goods attached to real property are referred to as UCC Fixture Filings. When searching for UCC fixture filings, it is proper to search the recording office that has jurisdiction over the location in which the real property is located. Fixture filings can be contained in real estate documents, such as deeds, or filed on the nationally accepted UCC forms.
RASi conducts UCC fixture filing searches frequently in local recording offices nationwide. With a network of over 3,000 correspondents who are able to walk into local jurisdictions and conduct hand-on searches when or where necessary, RASi is able to provide its clients with accurate and expedient search results. For more information on UCC fixture filing searches or to place an order, please contact a representative in our Client Services Department.
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