Last Updated on January 8, 2022

What is a UCC?

A UCC, or Uniform Commercial Code, is a legal form that allows a creditor to place liens against all or part of a borrower’s collateral or assets that are used to secure a loan.

More specifically, a UCC Financing Statement gives lenders a claim on assets a debtor pledges as security interest, such as when an individual obtains a mortgage for real estate. The home is the collateral pledged for the property. With the UCC-1 filed, the homeowner can’t take out another loan on the home without first paying off the initial loan.

What information does an Oregon UCC search show?

A UCC lien becomes public record and will show the filing number, filing date, documents, debtor name and address, secured party name and address, lapse date.

Also see: How to do an Oregon business entity search

Why is a UCC needed?

To give notice to a debtor that a lender has or might have an interest in the personal or business property of a debtor.

Where is a UCC filed in Oregon?

Most UCC filings are done with the OregonSecretary of State’s office, however, real property filings are filed in the County Recording Office of the County Clerk, in the county where the real estate is located

How much does a UCC search cost in Oregon?

There is no cost to search the Oregon UCC database.

How to do a UCC search in Oregon

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

Step 2 – Click on Business at the top of the page.

Step 3 – Scroll about halfway down the page and click on Uniform Commercial Code (UCC) under Corporation Division Services.

Step 4 – Click Search for a UCC Record and then UCC Record Search.

Step 5 – Type in the appropriate information and click search.