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Chattel mortgage, sometimes abbreviated CM, is the legal term for a type of loan contract used in some states with legal systems derived from English law.
Under a typical chattel mortgage, the purchaser borrows funds for the purchase of movable personal property (the chattel) from the lender. The lender then secures the loan with a mortgage over the chattel. Legal ownership of the chattel is transferred to the purchaser at the time of purchase, and the mortgage is removed once the loan has been repaid.
Chattel mortgages may have more particular characteristics in different jurisdictions.
Chattelmortgage, sometimes abbreviated CM, is the legal term for a type of loan contract used in some states with legal systems derived from English law...
house, a type of West Indian dwelling A chattelmortgage, a security interest over tangible personal property Chattel slavery, the most extreme form of slavery...
often be secured with a similar kind of device, variously called a chattelmortgage, a trust receipt, or a security interest. In the United States, Article...
are imposed by a contract between the creditor and the debtor: MortgageChattelmortgage Nonconsensual liens typically arise by statute or by the operation...
these two modes specifically apply to real estate mortgages. Foreclosure of chattelmortgages (mortgage of movable property) are governed by Sec. 14 of...
waiting time), corporate car sharing may be an option. Car rental Chattelmortgage Closed-end leasing Cross-border leasing Hire purchase and Rent-to-own...
years from the date of agreement been executed. Buy now, pay later Chattelmortgage Closed-end leasing Installment loan Layaway Leasing Personal contract...
Transactions History: The Impact of Southern Staple Agriculture on The First ChattelMortgage Acts in The Anglo-American World, 30 Ohio N.U.L. Rev. 537, 545 (2004)...
Mortgages over personal property are often referred to as 'chattelmortgages', and mortgages over intangible rights are often expressed to operate by way...
real security over movable property (in opposition to the common-law chattelmortgage). In the mixed legal systems of some other countries (e.g. Scots law...
linked house purchases Chain – unit of measurement Chain of title ChattelChattelmortgage City block Civil action Civil Rights Act of 1866 Civil Rights Act...
except as a punishment for a crime. In chattel slavery, the slave is legally rendered the personal property (chattel) of the slave owner. In economics, the...
of croppers, 40 percent are metayers or "tenant on shares" with a chattelmortgage, 39 percent are semi-metayers and wage-laborers, while 5 percent are...
of land title, whether original, transfer or condominium as well as chattelmortgage papers. The said agency is under the supervision of the Land Registration...
code. Secured transactions in the United States Security interest Chattelmortgage "Secured transactions". LII / Legal Information Institute. Archived...
auditors. The Agency receives financial statements and records of chattelmortgages and liquidations. The agency also provides corporate information (registers...
less than the purchase price agreed upon for Northup, Ford held a chattelmortgage on Northup for $400, the difference between the two amounts. Under...
business affairs of his father. Edward Nafziger, who could not pay a chattelmortgage he had taken with a wholesale grocery company.[2] Roy Nafziger started...
₱41) account of Joseph Estrada: ₱500 million - "promissory note and chattelmortgage"; 450 million shares of Waterfront Philippines valued at ₱427.5 million;...
succeeded in the Alabama Senate, to the amount of $361 and executed a chattelmortgage. Baylor represented Jefferson County at the Railroad Convention of...
agencies. Regulate contract performance, auctions and registration of chattelmortgage; investigate and penalize illegal practices such as contract frauds...
land leases, purchases, options, rights of refusals, mineral rights, chattelmortgages, deed transfers, quit-claims, trust deeds, judgment sales, sheriff’s...