Uniform Commercial Code

Recording a Real Property Related UCC

Real property related UCC financing statements and amendments are filed in the Register of Deeds Office where the collateral is located and whose collateral includes fixtures, timber to be cut, or as-extracted minerals. The form must indicate that the document is to be filed in the real estate records of the local filing office and must meet all requirements of Revised Article 9.


Effective July 1, 2001, all non-real property related UCC financing statements and amendments are to be filed in the central filing office in the UCC Section of the NC Department of the Secretary of State in Raleigh.


Forms

Forms and additional information on Uniform Commercial Code filings may be obtained from the NC Secretary of State.

Recording Fees 


Make checks payable to:  Rockingham County Register of Deeds

Reasons to Reject a UCC

 

1. ____The UCC is not communicated by a method authorized by the filing office.

              [G.S. 25-9-516(b)(1)]

2. ____Fee enclosed is not equal to or greater than statutory fee. [G.S. 25-9-516(b)(2)]

            (1 or 2 pages $38; 3 to 10 pages $45; over 10 pages $45, plus $2 per additional page over ten)

3.           The UCC cannot be indexed because:

    ____ the initial financing statement does not provide a name for the debtor.

              [G.S. 25-9-516(b)(3)a]

    ____the amendment or correction statement does not identify the initial financing

              statement number and debtor’s name [G.S. 25-9-516(b)(3)(b)(1)]

    ____the amendment or correction statement identifies an initial financing statement

              whose effectiveness has lapsed [G.S. 25-9-516(b)(3)(b)2]

    ____the initial financing statement, or an amendment that provides the name of

              debtor not listed on the initial financing statement, does not identify the debtor’s

              last name. [G.S. 25-9-516(b)(3)(c)]

4. ____The UCC does not identify real property to which it relates (G.S. 25-9-516(b)(3)(d)].

5. ____The initial financing statement or amendment that adds a secured party of

              record does not provide a name and mailing address for the secured party.

              [G.S. 25-9-516(b)(4)]

6.           The initial financing statement or amendment that includes a debtor not included

              in the related initial financing statement does not:

    ____provide a mailing address for the debtor. [G.S. 25-9-516(b)(5)(a)]

    ____indicate whether the debtor is an individual or an organization.

              [G.S. 25-9-516(b)(5)(b)]

    ____indicate the type of organization if the debtor is a business, the jurisdiction of

              organization, or the organizational identification number (or an indication that

              there is no organizational number).[G.S. 25-9-516(b)(5)(c)]

7. ____The assignment in the initial financing statement or amendment does not provide

              a name and mailing address for the assignee. [G.S. 25-9-516(b)(6)]

8. ____The continuation statement is not filed within the six month period as required

              by G.S. 25-9-516(b)(7).

9. ____The UCC does not indicate that the statement is to be filed in the real estate

              records. (check the appropriate block as indicated on the UCC form)

10.___  Non-real estate-related amendments, are not recorded in the local filing office.

              [G.S. 25-9-710(b)]

11.___  Non-real estate-related initial financing statements, are not recorded in the local

              filing office. [G.S. 25-9-501, G.S. 25-9-502]

 

 

 

Note: All references to "amendment" means any sequential filing to an initial UCC - continuation, assignment, release, amendment, or termination.

 

       
       
       

       Rockingham County North Carolina
      Contact Us
      Rockingham County Government
      371 NC Hwy 65
      Reidsville NC 27320
      Phone: 336.342.8100
      Fax: 336.342.8105
       
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