UCC

Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Definitions of Loan Jargon and other Personal Loans topics.

What are UCCs?

UCC

A UCC is an instrument that is prepared and signed
by the debtor giving the lender security interest
in real property.

The UCC normally details the year manufactured, model
and serial numbers of the collateral as well as a
short description of the property.

UCC's are normally filed with local and/or state
agencies.

   

Comments

Nobody has commented on this tip yet. Be the first.



Name:


URL: (optional)


Comment:


Not finding the advice and tips you need on this Personal Loans Tip Site? Request a Tip Now!


Guru Spotlight
Heidi Splete