E-commerce · Deal Structure
UCC liens and secured claims
Published · Reviewed by The Diligence Standard Team · Updated
Liens can attach to inventory, receivables, accounts, intellectual property or substantially all assets.
Records to reconcile
- UCC search results
- Loan and security agreements
- Payoff and release documents
Warning signal
The seller promises clear title without current searches or releases.
Transaction impact
The buyer may not receive unencumbered assets.
Response
Coordinate searches, payoff letters and releases with qualified counsel.