Release Of Chattel Mortgage Sample

State:
Virginia
Control #:
VA-0007BG
Format:
Word; 
Rich Text
Instant download

Description Chattel Mortgage Example

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. A chattel mortgage is a loan that is secured by chattel rather than by real property. With a chattel mortgage, the lender holds a lien against the movable property (chattel) until the loan has been satisfied, at which point the borrower resumes full control of the chattel.
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Release Of Chattel Mortgage Sample