--- name: ucc-lien-release-evidence title: Evidence of UCC Lien Release description: 'Drafts an Evidence of UCC Lien Release documenting termination of a UCC-1 financing statement for U.S. transactional closings. Trigger when the user needs a UCC-3 termination certificate, secured-party release letter, payoff evidence, or clear-title closing deliverable. Keywords: "UCC-1", "UCC-3 termination", "lien release", "secured party release", "clear title", "payoff letter".' author: CaseMark author_url: https://github.com/CaseMark/skills/tree/main/skills/legal/ucc-lien-release-evidence license: Apache-2.0 version: 0.1.0 execution_mode: open jurisdiction: us practice: finance language: en tags: [agreement, drafting, transactional] --- # Evidence of UCC Lien Release Produces a formal certificate or letter evidencing full or partial release of a UCC-1 lien, suitable for closing binders and due-diligence packages. ## Quick Start Gather before drafting: 1. UCC-1 details — file number, filing date, filing office, jurisdiction 2. Debtor and secured party legal names and addresses (as filed) 3. Collateral description from UCC-1 (and any amendments) 4. Security agreement date and governing documents 5. Satisfaction evidence — payoff statement, wire confirmation, release letter, settlement, or order 6. UCC-3 termination details if filed — file number, date, stamped copy 7. Release scope (full or partial) and effective date 8. Any continuation, assignment, or amendment filings on the same collateral ## Workflow ### 1. Build Source Data Table | Field | Req | Source | Notes | |---|---|---|---| | Debtor legal name | Yes | UCC-1 | Exact spelling, punctuation, entity suffix | | Secured party legal name | Yes | UCC-1 | Exact spelling, punctuation, entity suffix | | Filing office + jurisdiction | Yes | UCC-1 | Secretary of State or equivalent | | UCC-1 file number | Yes | UCC-1 | Include filing date | | Collateral description | Yes | UCC-1 | Mirror verbatim | | Security agreement date | Yes | Agreement | Identify governing document | | Release scope | Yes | Instructions | Full vs partial; list retained collateral | | Effective date | Yes | Instructions | Execution or payoff date | | UCC-3 termination file no. | If filed | UCC-3 | Include date and stamped copy | | Satisfaction evidence | Yes | Payoff/letters | Cite exhibit numbers | Resolve any inconsistencies (name mismatches, collateral gaps) before proceeding. ### 2. Build Filing Chronology (if multiple filings) | Filing No. | Type | Filing Office | Filing Date | Purpose | |---|---|---|---|---| | | UCC-1 | | | Original financing statement | | | UCC-3 | | | Amendment / continuation / assignment / termination | ### 3. Draft Document **Required sections:** | Section | Content | Notes | |---|---|---| | Title + Date | "Evidence of UCC Lien Release"; document date | Exact title | | Parties | Debtor and secured party details | Match UCC-1 | | Filing Identification | File number, office, date | All jurisdictions | | Secured Transaction Summary | Agreement date, obligation, collateral | Track UCC-1 text | | Release Statement | Full/partial release; satisfaction; no further claims | Unambiguous language | | Termination Status | UCC-3 details or intent to file | Never imply filed if not filed | | Effective Date | Specific date | Tie to payoff or execution | | Exhibits | List supporting documents | Labeled exhibits | | Execution | Authorized signatory + title | Notarization if required | ### 4. Assemble Exhibits - [ ] UCC-1 financing statement (file-stamped) - [ ] UCC-3 termination (file-stamped if available) - [ ] Payoff letter or satisfaction evidence - [ ] Security agreement (if cited) - [ ] Order/settlement (if release from legal proceeding) Verify all exhibit cross-references in the document body. ## Template ```text EVIDENCE OF UCC LIEN RELEASE Date: {Document Date} 1. Parties Secured Party: {Legal Name}, {Entity Type}, {Jurisdiction of Organization} Address: {Address} Debtor: {Legal Name}, {Entity Type}, {Jurisdiction of Organization} Address: {Address} 2. Financing Statement Identification UCC-1 File Number: {File Number} Filing Office/Jurisdiction: {Filing Office, State} Filing Date: {Filing Date} Additional Filings (if any): {List UCC-3 amendments/continuations/assignments} 3. Secured Transaction Summary Security Agreement Date: {Date} Obligation: {Brief description of secured obligations} Collateral: {Collateral description mirroring UCC-1} 4. Release and Termination The Secured Party hereby releases, terminates, and fully discharges all security interests, liens, and claims in the collateral described above arising under the UCC-1 financing statement identified in Section 2. All secured obligations have been satisfied in full, and the Secured Party asserts no further interest in the collateral or proceeds. 5. Termination Filing {If filed} A UCC-3 Termination Statement has been filed under File No. {UCC-3 No.} on {Date}. {If not filed} The Secured Party will file a UCC-3 Termination Statement with the filing office identified above. 6. Effective Date This release is effective as of {Effective Date}. 7. Exhibits Exhibit A: UCC-1 Financing Statement Exhibit B: UCC-3 Termination Statement (file-stamped, if available) Exhibit C: Payoff/Release Evidence {wire confirmation / payoff letter / order} Secured Party: By: ___________________________ Name: {Signatory Name} Title: {Title} Date: {Signature Date} {Optional Notary Acknowledgment} ``` ## Pitfalls - **Name matching** — Debtor and secured party names must exactly match the UCC-1; flag any discrepancy for confirmation. - **Collateral scope** — Mirror the UCC-1 collateral description verbatim; paraphrasing can narrow or expand scope. - **Partial releases** — Explicitly list released collateral and expressly preserve remaining liens. - **UCC-3 status** — Never state a UCC-3 was filed without the file number and date. - **Filing office terminology** — Use consistent format: "Secretary of State, {State}". - **Notarization** — Add only if required by jurisdiction or client request. - **Uncertain citations** — Mark with `[VERIFY]`. - **Tone** — Keep neutral and evidentiary; no advocacy or legal conclusions.