Register Security Agreements

 

Security Agreement

A Security Interest is created when one person (debtor) formally acknowledges another persons or organizations (the secured party) interest in the debtors personal property.

A Security Agreement is the document signed by the debtor that confirms this interest.

The Secured party can register a Security Agreement by providing a Financing Statement to the Registry Office.

A Bill of Sale does is not a Security Agreement, and cannot be registered as such,

Fees – $2.00/ year for a period of 1-25 years or $400.00 for an infinity registration as well as an agent fee of $9.45