{"id":6565,"date":"2013-12-01T18:59:11","date_gmt":"2013-12-02T01:59:11","guid":{"rendered":"http:\/\/www.keytlaw.com\/azllclaw\/?page_id=6565"},"modified":"2018-11-01T19:30:45","modified_gmt":"2018-11-02T02:30:45","slug":"arizona-ucc-1","status":"publish","type":"page","link":"https:\/\/www.keytlaw.com\/azllclaw\/arizona-ucc-1\/","title":{"rendered":"Arizona UCC-1 Financing Statement"},"content":{"rendered":"<p>by Arizona Contracts &amp; Business Lawyer <a href=\"http:\/\/www.keytlaw.com\/attorneys-staff\/richard-keyt\/\" target=\"_blank\" rel=\"noopener\">Richard Keyt<\/a><\/p>\n<p style=\"text-align: justify;\">When a secured party obtains a lien on personal property located in Arizona the secured party must file a document called a UCC-1 Financing Statement with the Arizona Secretary of State on the day the lien becomes effective or as soon as possible thereafter.\u00a0 The purpose of the UCC-1 is to give notice to the world that the secured party has a lien on the personal property described in the UCC-1.<\/p>\n<p style=\"text-align: justify;\">Lien priority is determined primarily by the order that UCC-1 Financing Statements are filed with the Arizona Secretary of State.\u00a0 That is why it is critically important to file the UCC-1 as soon as possible so you get your UCC-1 filed before somebody else files one against the same borrower\/debtor.\u00a0 The general rule is that the priority of liens on Arizona personal property is determined by the order in which a UCC-1 that describes the borrower\/debtor and the collateral is filed with the Arizona Secretary of State.\u00a0 Lien priority is important because when a lien is foreclosed, the foreclosure extinguishes all liens that are junior (filed after) the lien that is foreclosed.<\/p>\n<p><strong>Search for Liens Filed with the Arizona Secretary of State<\/strong><\/p>\n<p style=\"text-align: justify;\">To check to see if a person or entity has any existing UCC-1 lien notices on file with the Arizona Secretary of State, go here:<\/p>\n<p align=\"center\"><a href=\"https:\/\/apps.azsos.gov\/apps\/ucc\/search\/\" target=\"_blank\" rel=\"noopener\">Arizona Secretary of State UCC-1 Financing Statement Search<\/a><\/p>\n<p><strong>How to Get an Arizona UCC-1 Financing Statement<\/strong><\/p>\n<p style=\"text-align: justify;\">Click on the link below to access the UCC-1 Financing Statement used by the Arizona Secretary of State.\u00a0 The instructions for the document are on the second page.\u00a0 Take care that you correctly indicate the exact name of the person or entity named in item 1.\u00a0 Be sure to describe the personal property precisely in item 4 of the UCC-1.<\/p>\n<p align=\"center\"><a href=\"http:\/\/www.keytlaw.com\/forms\/UCC1.pdf\" target=\"_blank\" rel=\"noopener\">Arizona Secretary of State UCC-1 Financing Statement Form<\/a><\/p>\n<p><strong>Where to Deliver the UCC-1 Financing Statement<\/strong><\/p>\n<p align=\"center\">Arizona Secretary of State<br \/>\nAttn:\u00a0 UCC Filing Department<br \/>\n14 North 18th Avenue<br \/>\nPhoenix, AZ 85007<\/p>\n<p align=\"left\">You must also pay the Arizona Secretary of State a $5 fee to file a UCC-1 Financing Statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>by Arizona Contracts &amp; Business Lawyer Richard Keyt When a secured party obtains a lien on personal property located in Arizona the secured party must file a document called a UCC-1 Financing Statement with the Arizona Secretary of State on the day the lien becomes effective or as soon as possible thereafter.\u00a0 The purpose of the UCC-1 is to give notice to the world that the secured party has a lien on the personal property described in the UCC-1. Lien priority is determined primarily by the order that UCC-1 Financing Statements are filed with the Arizona Secretary of State.\u00a0 That is why it is critically important to file the UCC-1 as soon as possible so you get your UCC-1 filed before somebody else files one against the same borrower\/debtor.\u00a0 The general rule is that the priority of liens on Arizona personal property is determined by the order in which a UCC-1 that describes the borrower\/debtor and the collateral is filed with the Arizona Secretary of State.\u00a0 Lien priority is important because when a lien is foreclosed, the foreclosure extinguishes all liens that are junior (filed after) the lien that is foreclosed. Search for Liens Filed with the Arizona Secretary of State To check to see if a person or entity has any existing UCC-1 lien notices on file with the Arizona Secretary of State, go here: Arizona Secretary of State UCC-1 Financing Statement Search How to Get an Arizona UCC-1 Financing Statement Click on the link below to access the UCC-1 Financing Statement used by the Arizona Secretary of State.\u00a0 The instructions for the document are on the second page.\u00a0 Take care that you correctly indicate the exact name of the person or entity named <a href=\"https:\/\/www.keytlaw.com\/azllclaw\/arizona-ucc-1\/\"> [&#8230;]<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"om_disable_all_campaigns":false,"footnotes":""},"class_list":["post-6565","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Arizona UCC-1 Financing Statement - Arizona LLC Law<\/title>\n<meta name=\"description\" content=\"Information about obtaining and filing an Arizona UCC-1 financing statement and searching the records of the Arizona Secretary of State for UCC-1 liens.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.keytlaw.com\/azllclaw\/arizona-ucc-1\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arizona UCC-1 Financing Statement\" \/>\n<meta property=\"og:description\" content=\"Information about obtaining and filing an Arizona UCC-1 financing statement and searching the records of the Arizona Secretary of State for UCC-1 liens.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.keytlaw.com\/azllclaw\/arizona-ucc-1\/\" \/>\n<meta property=\"og:site_name\" content=\"Arizona LLC Law\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/keytlaw\" \/>\n<meta property=\"article:modified_time\" content=\"2018-11-02T02:30:45+00:00\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.keytlaw.com\\\/azllclaw\\\/arizona-ucc-1\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.keytlaw.com\\\/azllclaw\\\/arizona-ucc-1\\\/\"},\"author\":{\"name\":\"Richard Keyt\",\"@id\":\"https:\\\/\\\/www.keytlaw.com\\\/azllclaw\\\/#\\\/schema\\\/person\\\/9d6c74d30296559f95e238fa25182391\"},\"headline\":\"Arizona UCC-1 Financing Statement\",\"datePublished\":\"2013-12-02T01:59:11+00:00\",\"dateModified\":\"2018-11-02T02:30:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.keytlaw.com\\\/azllclaw\\\/arizona-ucc-1\\\/\"},\"wordCount\":351,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.keytlaw.com\\\/azllclaw\\\/#organization\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.keytlaw.com\\\/azllclaw\\\/arizona-ucc-1\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.keytlaw.com\\\/azllclaw\\\/arizona-ucc-1\\\/\",\"url\":\"https:\\\/\\\/www.keytlaw.com\\\/azllclaw\\\/arizona-ucc-1\\\/\",\"name\":\"Arizona UCC-1 Financing Statement - Arizona LLC Law\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.keytlaw.com\\\/azllclaw\\\/#website\"},\"datePublished\":\"2013-12-02T01:59:11+00:00\",\"dateModified\":\"2018-11-02T02:30:45+00:00\",\"description\":\"Information about obtaining and filing an Arizona UCC-1 financing statement and searching the records of the Arizona Secretary of State for UCC-1 liens.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.keytlaw.com\\\/azllclaw\\\/arizona-ucc-1\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.keytlaw.com\\\/azllclaw\\\/arizona-ucc-1\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.keytlaw.com\\\/azllclaw\\\/arizona-ucc-1\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.keytlaw.com\\\/azllclaw\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Arizona UCC-1 Financing Statement\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.keytlaw.com\\\/azllclaw\\\/#website\",\"url\":\"https:\\\/\\\/www.keytlaw.com\\\/azllclaw\\\/\",\"name\":\"Arizona LLC Law\",\"description\":\"Information about Forming &amp; 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