US Legal Forms
Rent
Chattel Mortgage on Mobile Home

Chattel Form Paper For Sale In Virginia

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 Franchise agreement contract with city

View this form

View Franchise agreement contract with mcdonalds

View this form

View Franchise agreement contract within a company

View this form

View Franchise agreement for educational institute

View this form

View Franchise agreement for food outlet

View this form

Sample Letter for Recovery of Judgment fro...

View this form

Form Rating

4.6

Satisfied(250)

Form popularity

FAQ

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

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.

The Virginia State Corporation Commission (SCC) has slightly modified the Uniform Commercial Code (UCC) forms that it will accept starting October 1, 2023. The newly modified UCC forms on the SCC website can be found here.

The 2022 amendments will ensure that the UCC continues to facilitate commercial activity well into the future by implementing the following updates: Digital Assets. A new Article 12 provides rules for transactions involving certain new types of digital assets, including cryptocurrency and non-fungible s (NFTs).

Currently, the UCC (in whole or in part) has been enacted, with some local variation, in all 50 states, the District of Columbia, Puerto Rico, and the Virgin Islands.

Virginia has adopted amendments to the Uniform Commercial Code that make the Code more accommodating of new technologies. This Zoom CLE program will discuss what these changes brought in HB 1286, especially those dealing with digital assets.

Currently, every U.S. state and the District of Columbia have individually adopted at least part of the UCC.

Chattel property is personal property that can be moved around. Chattel property law is defined as any property that is not land or physical items that belong to the land. Chattel is movable goods and land cannot be moved. A house would not be considered chattel property because it is attached to the land.

More info

(4) a sale of accounts, chattel paper, payment intangibles, or promissory notes as part of a sale of the business out of which they arose;. Trespass to chattels and conversion are both intentional torts.Free Power of Attorney. Answer a few simple questions. The powers and responsibilities of the chief judge are set out in Virginia Code §§ 16.1-69.35, 16.1-69.11. Virginia Limited POA For Sale of Motor Vehicle Law.

Chattel Form Paper For Sale In Virginia

Description

Related forms

Viewed forms

Show more info

Form Rating

Form popularity

FAQ

What is chattel paper?

What Cannot be used as collateral?

Does Virginia use the UCC?

What is the most recent Uniform Commercial Code?

Does any US state not follow the UCC?

Has Virginia adopted the Uniform Commercial Code?

Which states have adopted the Uniform Commercial Code?

Is chattel the same as personal property?

More info

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