enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. UCC-1 financing statement - Wikipedia

    en.wikipedia.org/wiki/UCC-1_financing_statement

    A UCC-1 financing statement (an abbreviation for Uniform Commercial Code-1) is a United States legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt).

  3. Secured transactions in the United States - Wikipedia

    en.wikipedia.org/wiki/Secured_transactions_in...

    Article 9 of the Uniform Commercial Code (UCC), as adopted by all fifty states, generally governs secured transactions where security interests are taken in personal property. [1] 1 It regulates creation and enforcement of security interests in movable property, intangible property, and fixtures.

  4. Uniform Commercial Code - Wikipedia

    en.wikipedia.org/wiki/Uniform_Commercial_Code

    The UCC achieved the goal of substantial uniformity in commercial laws and, at the same time, allowed the states the flexibility to meet local circumstances by modifying the UCC's text as enacted in each state. The UCC deals primarily with transactions involving personal property (movable property) and not real property (immovable property).

  5. UCC Insurance - Wikipedia

    en.wikipedia.org/wiki/UCC_Insurance

    Personal property is generally anything that is not real property.This coverage includes movable collateral, such as equipment or inventory; intellectual property, including patents and trademarks and copyrightable matters (but not copyrighted matters which are excluded from the UCC); software and software embedded in goods; general intangibles like contract rights; payment intangibles; and ...

  6. Secured transaction - Wikipedia

    en.wikipedia.org/wiki/Secured_transaction

    the property subject to a security interest or agricultural lien. The term includes: (A) proceeds to which a security interest attaches; (B) accounts, chattel paper, payment intangibles, and promissory notes that have been sold; and (C) goods that are the subject of a consignment. —

  7. Security interest - Wikipedia

    en.wikipedia.org/wiki/Security_interest

    Security interests may be taken on any type of property. The law divides property into two classes: personal property and real property. Real property is the land, the buildings affixed to it and the rights that go with the land. Personal property is defined as any property other than real property.

  8. Strict foreclosure - Wikipedia

    en.wikipedia.org/wiki/Strict_foreclosure

    Strict foreclosure in the law of security interests in the United States, is the foreclosure of personal property that is subject to such an interest. This is permitted under Article 9 of the Uniform Commercial Code. [1]

  9. Personal property - Wikipedia

    en.wikipedia.org/wiki/Personal_property

    Accountants distinguish personal property from real property because personal property can be depreciated faster than improvements (while land is not depreciable at all). It is an owner's right to get tax benefits for chattel, and there are businesses that specialize in appraising personal property, or chattel.