To remove a financing statement from public records, which document should be recorded?

To remove a financing statement from public records, the appropriate document that should be recorded is a termination statement. A termination statement serves the purpose of officially indicating that a secured party no longer has a security interest in the collateral that was previously covered by the financing statement. This document effectively cancels the effect of the original financing statement, ensuring that the collateral is no longer encumbered.

Filing a termination statement is an important step in real estate and business transactions, as it aids in maintaining accurate records and protecting the interests of parties involved. Without such a declaration, the original financing statement would remain in effect, potentially creating confusion or complications for future transactions concerning the property or collateral.

Other options, while they may have relevance in different contexts, do not specifically serve the function of removing a financing statement from public records in the way that a termination statement does. For example, a cancellation notice may imply the intent to end a security interest but does not have the legal standing required for removal like a termination statement does.