UCC Policies

  • UCC Search - A Uniform Commercial Code (UCC) search is conducted through the Secretary of State for any Financing Statements that may have been filed to perfect a lien on personal property in accordance with the Uniform Commercial Code.

  • UCC Filings - Many lenders will require a UCC-1 Financing Statement to utilize personal property as additional security for their loan. A UCC-1 Financing Statement may be recorded in the County in which the real property is located. The UCC-1 is typically recorded concurrently with and after the deed of trust or mortgage instrument or as instructed by the lender.

 

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Our office has had the privilege to close some of the largest commercial real estate transactions passing through Chicago Title.

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Our staff has a wealth of technical experience and knowledge

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