Experts at Insuring Real Estate Transactions

Protect your right to collateral covered by Articles 8 and 9 of the UCC

UCCPlus Insurance

Fidelity National Title Group’s UCCPlus Division is the nation’s leading provider of personal property title insurance, specializing in major-market transactions across the United States. The highly experienced underwriters at UCCPlus are experts at insuring real estate transactions involving mezzanine finance and pledges of equity.

The UCCPlus Insurance Policy eliminates the insured’s risk relating to the validity, enforceability, attachment, perfection and priority of its security interest on personal property. Without proper attachment, perfection and priority, a lender has no ability to foreclose on its collateral to satisfy its indebtedness in the event of a borrower default.

Covering all personal property collateral under Articles 8 and 9 of the Uniform Commercial Code (UCC), a UCCPlus Policy insures against fraud, forgery, documentation defects, filing errors, and financing statement inaccuracies. The policy covers the “gap” period between the last search date and the date of perfection. The policy also includes the cost of defense in the event of a challenge to the security interest being insured.

A UCCPlus Policy also includes a comprehensive review of the insured lender’s loan documents, searches and filings, as well as the borrower’s organizational documents. Only UCCPlus:

  • specifically and clearly describes the personal property collateral being covered by the UCCPlus Policy
  • waives the right of subrogation with respect to the insured’s counsel within the policy
  • covers pledges of equity where perfection is being accomplished by filing a financing statement rather than an opt-in to Article 8

Just as the lending community relies on real estate title insurance, you can rely on UCCPlus Insurance to reduce the risk in your loan policies.

For more information on the UCCPlus program, visit: