US Legal Forms
Rent
Chattel Mortgage on Mobile Home

Chattel Form Paper With Code In Florida

Category:

Loans and Lending - Chattel Mortgages

State:

Multi-State

Control #:

US-0007BG

Format:

Instant download

Description

A chattel mortgage is a term used to describe a loan arrangement in which an item of movable personal property is used as security for the loan.

View Grantor trust agreement for estate tax purposes

View this form

View Grantor trust agreement for income tax purposes

View this form

View Grantor trust agreement for promissory note

View this form

View Grantor trust agreement for tax purposes

View this form

View Grantor trust agreement foreign

View this form

Form Rating

4.6

Satisfied(250)

Form popularity

FAQ

Non-Transferable Assets: Assets that are legally restricted from being transferred, such as government benefits, social security payments, or certain insurance policies, cannot be used as collateral since they cannot be seized or sold.

Chattel paper refers to a document used in secured transactions to sell property on credit while retaining some interest in the property.

The Uniform Commercial Code (UCC) is a standardized set of business laws that has been laid for the regulation of financial contracts. It has been fully adopted by most states in the US including Florida. The UCC has 9 different articles and each one deals with a different aspect of loans and banking.

Article 9 of the Uniform Commercial Code (UCC) provides various methods for a secured creditor to repossess collateral after default.

Chattel paper is an asset type over which an entity can grant a security interest under Article 9 of the UCC. For more information on security interests in chattel paper, see Practice Note, UCC Creation, Perfection, and Priority of Security Interests.

Fees FormFeesDescription UCC1 $35.00 Approved Florida and national forms. Example - Florida forms approved on or after 05/2013 or national forms approved on or after 04/2011. $40.00 All other forms. Example - Florida forms approved prior to 05/2013 or national forms approved prior to 04/2011. UCC3 9 more rows

Uniform Commercial Code (UCC) filings allow creditors to notify other creditors about a debtor's assets used as collateral for a secured transaction. UCC liens filed with Secretary of State offices act as a public notice by the "creditor" of the creditor's interest in the property.

Scope of Application: The UCC applies to various types of commercial transactions, including the sale of goods, leases, negotiable instruments, secured transactions, and more. It provides rules and guidelines that govern the formation, performance, and enforcement of contracts in these areas.

More info

A security agreement, retain title contract, conditional bill of sale, chattel mortgage or other similar instrument was executed prior to the filing of this. Please type or laser-print this form.Be sure it is completely legible. The document discusses the history and development of electronic chattel paper (ECP) under revised Article 9 of the Uniform Commercial Code. All sections of the form must be completed including: the County Where the Action Arose (Section Id); Basis of Jurisdiction. Florida Title XXXIX. Commercial Relations Section 679.1021. For chattel paper initially created in the form of an. 87. All financial disclosure forms (Form 6, 6X, 6F, and Form 1, 1X, and 1F) must be filed electronically. The Commission no longer promulgates paper forms.

Chattel Form Paper With Code In Florida

Description

Related forms

Show more info

Form Rating

Form popularity

FAQ

What Cannot be used as collateral?

What is chattel paper?

Does Florida use the Uniform Commercial Code?

What is article 9 of the UCC in Florida?

What is chattel paper in UCC?

How much is it to file a UCC-1 in Florida?

What is a uniform commercial code lien in Florida?

How do you file a UCC-1?

More info

Trusted and secure by over 3 million people of the world’s leading companies