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For a co-op loan, the document is called a UCC-3 Termination Statement.
If a UCC-1 is discovered, Mr. Brav said, ask the lender to file a Termination Statement.
The bank has filed the UCC-3 Termination Statement, which verifies that I paid off the loan, but there is a problem.
Termination Statement Is Filed Under Wrong Name Q I bought a co-op in 1987 and paid off my loan in 2006.
Q: You have had a number of articles referring to the need to file a UCC-3 Termination Statement to cancel a UCC-1 Financing Statement.
In these cases, Mr. Chiellino said, it would be up to the lender or its lawyers to remove the pre-filed lien by filing a document known as a UCC-3 Termination Statement.
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They also began filing UCC-1 Financing Statements -- and UCC-3 Termination Statements -- every time an apartment changed hands.
In fact, what Dijkstra calls the weakest liberal precondition, denoted wlp(S,Q), is the same as the box operator in dynamic logic: wlp(S,Q) = [S]Q, while his weakest precondition, denoted wp(S,Q), is the total correctness variant of this, meaning that this expression also entails the termination of statement S (cf. Cousot 1990).
"We are aware that certain allegations have been made concerning the reasons for Heather Levia's termination," the statement read, in part.
Such statements may be terminated in two ways: by a period (implicit termination), which terminates all unterminated statements contained, or by a scope terminator, which terminates the nearest matching open statement.
They added this was the likely reason behind the use of the word "termination" in the statement, rather than "cancellation".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com