--- name: ucc-lien-release title: Evidence of UCC Lien Release description: Drafts Evidence of UCC Lien Release documents proving termination of security interests perfected under the Uniform Commercial Code. Extracts UCC-1 filing numbers, party information, and collateral descriptions from uploaded documents for compliant drafting. Use for UCC lien releases, UCC-3 termination evidence, security interest discharge certificates, or asset purchase closings requiring proof of clear title. author: CaseMark author_url: https://github.com/CaseMark/skills/tree/main/skills/legal/ucc-lien-release license: Apache-2.0 version: 0.1.0 execution_mode: open jurisdiction: us practice: finance language: en tags: [agreement, drafting, transactional, certificate] --- # Evidence of UCC Lien Release Drafts a formal document proving termination of UCC security interests for closing binders, due diligence packages, and title verification. ## Prerequisites 1. **Original UCC-1 financing statement** — file number, filing date, jurisdiction, filing office 2. **Security agreement** — execution date, principal amount, collateral description 3. **Party details** — full legal names, entity types, jurisdictions of organization, addresses (secured party + debtor(s)) 4. **UCC-3 termination statement** (if filed) — file number, filing date, file-stamped copy 5. **Payoff/satisfaction evidence** — payoff statements, wire confirmations, canceled checks, settlement documents 6. **UCC-3 amendments/continuations** (if any) — file numbers, dates, purposes ## Output Structure ### 1. Document Header | Element | Detail | |---|---| | Title | "Evidence of UCC Lien Release" or "Certificate of UCC Lien Termination" | | Date | Date of preparation | | Secured Party | Full legal name, entity type, jurisdiction, address | | Debtor(s) | Full legal name (including DBAs), entity type, jurisdiction, address | | Original UCC-1 | File number, filing date, filing office (Secretary of State + state) | | Amendments/Continuations | Each filing: file number, date, purpose | Party names must match exactly as on the original UCC-1. ### 2. Secured Transaction Description - Security agreement execution date and principal amount - Collateral description — mirror the UCC-1 language exactly - Article 9 classifications: equipment, inventory, accounts, chattel paper, instruments, general intangibles - After-acquired property / proceeds / products scope - Subsequent modifications to the secured obligation ### 3. Release and Termination Statement ``` [Secured Party] hereby unconditionally and irrevocably releases, terminates, and fully discharges all security interests, liens, and claims in the Collateral described herein, arising under or related to UCC-1 Financing Statement No. [______], filed [date] with [filing office]. All obligations secured by the Financing Statement have been fully satisfied, performed, and discharged. [Secured Party] claims no further interest in the Collateral or any proceeds thereof. Effective Date of Release: [date] ``` - **Partial release**: Clearly delineate what is released vs. what remains encumbered - **UCC-3 termination**: State whether filed (file number + date) or to be filed, and by whom ### 4. Exhibits Reference as labeled exhibits: - [ ] Filed UCC-3 termination statement (file-stamped copy) - [ ] Original UCC-1 financing statement - [ ] UCC-3 amendments/continuations (chronological) - [ ] Payoff statement from secured party - [ ] Payment evidence (wire confirmations, canceled checks) - [ ] Release/acknowledgment letter from secured party - [ ] Court order, bankruptcy discharge, or settlement agreement (if applicable) For complex filing histories, include a chronological summary table: | # | Filing Type | File Number | Date | Purpose | |---|---|---|---|---| | 1 | UCC-1 | | | Original filing | | 2 | UCC-3 | | | Amendment/Continuation/Termination | ### 5. Execution Block - **Secured party signature line** — name, title, authority basis - **Entity formalities**: Officer (corporation) or manager/authorized member (LLC) - **Notary acknowledgment** — include if required by state law, document will be recorded, or jurisdictional custom dictates [VERIFY] - **Certification statement**: Signatory affirms all information true, all obligations satisfied, no further amounts owed - Debtor signature is optional (unilateral release is standard) ## Guidelines - Cross-reference all names, file numbers, dates, and collateral descriptions exactly against original UCC filings - Mirror UCC-1 collateral language verbatim — do not paraphrase - Flag any missing or inconsistent filing details; request clarification before finalizing - Multi-jurisdiction filings: address each jurisdiction separately with its own filing references - Format for closing binders: sequential page numbering, title/date in footer, labeled exhibits - Jurisdiction: US; state-specific notary and execution requirements vary [VERIFY]