Michigan Security Agreement with regard to Installment Sale of Mobile Home with Attached Assignment and Promissory Note
State:
Multi-State
Control #:
US-2608SB
Format:
Word;
Rich Text
Instant download
Description
A security agreement is a contract between a lender and borrower that states that the lender can repossess the property a person has offered as collateral if the loan is not paid as agreed.
A security interest refers to the property rights of a lender
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