Last Updated on January 8, 2022
What is a UCC?
Filed document which perfects security interests in certain personal property used as collateral for loans.
For instance, when an individual obtains a mortgage for a home, the secured party uses the property deed as collateral for the property. With the UCC Financing Statement 1 filed, the homeowner can’t take out another loan on the home without first paying off the initial loan.
What information does a North Dakota UCC search show?
A UCC will show the Initial Financing Statement number, lien type, index type, debtor name, debtor address, debtor type, lapse date.
Why is a UCC needed?
A UCC, or Uniform Commercial Code, is a legal document that informs debtors and creditors of outstanding security interest in personal property.
Where is a UCC filed in North Dakota?
Most UCC filings are done with the North DakotaSecretary of State’s office, however, debts secured with real property are filed with the County Clerk, in the county where the real estate is located
How much does a UCC search cost in North Dakota?
A UCC 11 record search is free. A subscription fee to the UCC database is $500 per month allowing unlimited searches and downloads.
How to do a UCC search in North Dakota
Step 1 – Go to the North Dakota Secretary of State’s website
Step 2 – Click on Central Indexing (UCC) on the left side of the page.
Step 3 – Click on North Dakota Central Indexing System highlighted in blue.
Step 4 – Click on Login or choose Public Search about halfway down the page.