Fixtures

The laws dealing with fixtures and improvements may vary greatly from state to state, so you should consult with your local underwriting counsel when faced with these issues. When dealing with fixture financing statements, they must usually be recorded in both the appropriated state and local offices where chattel records are filed. Those same records must be searched to discover fixture financing statements. The following exceptions and requirements may be used when dealing with fixture financing statements:

Requirements:

 

Termination of financing statement No. ______________ showing __________________ as debtor and ____________________ as secured party filed on ________________ in the office of _______________________.

 

Termination of financing statement showing ____________________ as debtor and _______________________ as secured party filed as instrument/book ___________, page _____________, on ___________________, among the land records of _____________________

County, State.

Exceptions:

 

Financing statement No. ______________ showing __________________ as debtor and __________________ as secured party filed _________________ in the office of ____________________________.

 

Financing statement showing ________________________ as debtor and _______________________ as secured party filed _____________________ as instrument/book no. _________, page ____________, among the land records of ________________ County, State.