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FINANCING STATEMENT FOR REAL ESTATE AND UCC FILING/UCC-1A NORTH DAKOTA COUNTY RECORDERS SON 17832 (02-2012) Type or print legibly. Carefully follow instructions on page 2 Please read instructions

How to fill out north dakota financing statement

How to fill out North Dakota financing statement:

1. Obtain the necessary forms: To fill out a North Dakota financing statement, you will need to obtain the proper forms from the North Dakota Secretary of State's website or office.
2. Provide accurate debtor information: The financing statement requires detailed information about the debtor, including their legal name, address, and any additional names or aliases they may use.
3. Include secured party information: You must also provide the information of the secured party, including their name and address.
4. Describe the collateral: The financing statement requires a detailed description of the collateral that is being used as security for the loan or financing agreement.
5. Submit the completed form: Once you have filled out all the necessary information accurately, you can submit the completed financing statement form to the North Dakota Secretary of State's office for filing.

Who needs a North Dakota financing statement:

1. Lenders: Financial institutions and lenders who provide loans or financing to individuals or businesses may need a North Dakota financing statement to establish their security interest in the collateral.
2. Borrowers: Individuals or businesses that are borrowing money or obtaining financing may need to sign a financing statement to grant the lender a security interest in their assets.
3. Sellers: If you are selling goods on credit or providing financing options to your customers, you may need a financing statement to secure your position as a creditor.
4. Buyers: Individuals or businesses purchasing goods on credit or taking advantage of financing options may need to sign a financing statement to grant the seller or lender a security interest in the purchased assets.

For pdfFiller’s FAQs

What is north dakota financing statement?

A financing statement is a legal document that provides notice to interested parties of a security interest in personal property.

Who is required to file north dakota financing statement?

Any person or organization that wants to establish a security interest in personal property in North Dakota is required to file a financing statement.

How to fill out north dakota financing statement?

To fill out a North Dakota financing statement, you will need to provide the following information: debtor's name and address, secured party's name and address, collateral description, and any additional information required by the North Dakota Uniform Commercial Code.

What is the purpose of north dakota financing statement?

The purpose of a North Dakota financing statement is to provide notice to interested parties that a security interest exists in personal property. It is an important step in establishing and protecting a creditor's rights in collateral.

What information must be reported on north dakota financing statement?

The following information must be reported on a North Dakota financing statement: debtor's name and address, secured party's name and address, collateral description, and any additional information required by the North Dakota Uniform Commercial Code.

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