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Chattel Mortgage on Mobile Home

Chattel Form Paper With Code 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.

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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.

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.

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

More info

West Virginia Code. •••. Chapter 46 - UNIFORM COMMERCIAL CODE Article 9 - SECURED TRANSACTIONS; SALES OF ACCOUNTS AND CHATTEL PAPER Part 1 - GENERAL PROVISIONS.Code of Virginia is the fully annotated official Virginia code including statutes, Rules of the Supreme Court, and cumulative supplements. The document discusses the history and development of electronic chattel paper (ECP) under revised Article 9 of the Uniform Commercial Code. In the body of this Paper. The Statute of Frauds. 17. Article 9 of the Uniform Commercial Code to Pre-Code Chattel Security Law, 51 VA. L. REv. 853. 2015 Code of Virginia Title 8.9A - Commercial Code - Secured Transactions. SECURED TRANSACTIONS; SALES OF ACCOUNTS AND CHATTEL PAPER. §46-9-615. Application of proceeds of disposition; liability for deficiency and right to surplus.

Chattel Form Paper With Code In Virginia

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FAQ

What Cannot be used as collateral?

What is chattel paper?

Is chattel the same as personal property?

What is a chattel paper?

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