Tuesday, March 24, 2015

Perfect A Security Interest In A Florida Liquor License

Whether you apprehend a security carefulness in a liquor licence for repayment of a Obligation, you annex maximum Safeguard as the creditor by perfecting your security absorption. In most situations, a security curiosity in personal Belongings is perfected by filing a UCC-1 Financing Statement with the Secretary of Nation; nevertheless, Florida principle requires perfecting a security carefulness in a liquor licence wound up a filing with the Branch of Pursuit and Expert Law. The DBPR provides the vital figure, which you outright and submit along with copies of your method documents.


In section 1, check the box next to "Lien Recordings (New Lien)"; in section 2, insert the debtor's name and address; in section 3, insert your name and address; in section 4, insert the date on your security agreement; and in section 5, insert the liquor license number. Section 6 requires the signatures of both the debtor and you before a notary public.4.


Make a copy of each document. The copies will be submitted to the DBPR.


2. Obtain Form DBPR ABT-6022 -- "Application for Lien/Mortgagee's Interest in Spirituous Alcoholic Beverage License" -- from the DBPR. The form with instructions is available for download from the DBPR's website.


3. Complete Form DBPR ABT-6022.

Instructions

1. Concentrate the documents regarding your process secured by the liquor licence, which is typically a promissory communication and security Treaty -- sometimes referred to as a pledge Treaty or mortgage agreement.


Submit the completed form and copy of your promissory note and security agreement to the DBPR at 1940 N. Monroe Street, Tallahassee, Florida 32399-1021. Also include with the form and copies a $10 check or money order made payable to the Division of Alcoholic Beverages and Tobacco.