What is a UCC?

A UCC, or Uniform Commercial Code, is a legal document that a creditor submits to notify the debtor that they have interest in their personal or corporate property.

For instance, when an individual obtains a mortgage for a home, the lender uses the borrower’s personal property as collateral to secure property. With the UCC Financing Statement filed, the homeowner can’t take out another loan on the home without first paying off the initial loan.

What information does a South Carolina UCC search show?

A UCC search will return the financial statement number, filing date, lapse date, display name, filing type, name, and address of the debtor, name, and address of the secured party.

Also see: How to do a South Carolina business entity search

It’s important to know that UCC records are public record and available to search by anyone.

Why is a UCC needed?

To give public notice that an entity, lender, or creditor such as a financial institution has a security interest in the collateral or real property being used by the debtor.

Where is a UCC filed in Pennsylvania?

Most UCC filings are done with the South Carolina Secretary of State’s office, however, real estate filings are filed in the Register of Deeds Office in the county where the real estate is located

How much does a UCC search cost in Pennsylvania?

The cost to run a UCC search in Pennsylvania is $5. Additionally, each page of a document request is $1 and a certification fee for each document is $2, and there is a $10 for electronic records access.

How to do a UCC search in Pennsylvania

Step 1 – Go to the South Carolina Secretary of State’s website

Step 2 – Click on Online Filings and then click on UCC File and Search online under Uniform Commercial Code.

Step 3 – Click File and Search Online Today

Step 4 – Choose to File / Search Now under Public Filing and Searches or log in to your account if you are a subscriber.