Global Information Lookup Global Information

Chattel mortgage information


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.

and 24 Related for: Chattel mortgage information

Request time (Page generated in 0.8025 seconds.)

Chattel mortgage

Last Update:

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...

Word Count : 553

Chattel

Last Update:

house, a type of West Indian dwelling A chattel mortgage, a security interest over tangible personal property Chattel slavery, the most extreme form of slavery...

Word Count : 92

Personal property

Last Update:

often be secured with a similar kind of device, variously called a chattel mortgage, a trust receipt, or a security interest. In the United States, Article...

Word Count : 1095

Lien

Last Update:

are imposed by a contract between the creditor and the debtor: Mortgage Chattel mortgage Nonconsensual liens typically arise by statute or by the operation...

Word Count : 3530

Vehicle leasing

Last Update:

waiting time), corporate car sharing may be an option. Car rental Chattel mortgage Closed-end leasing Cross-border leasing Hire purchase and Rent-to-own...

Word Count : 1605

Hire purchase

Last Update:

years from the date of agreement been executed. Buy now, pay later Chattel mortgage Closed-end leasing Installment loan Layaway Leasing Personal contract...

Word Count : 1337

Simple contract

Last Update:

Transactions History: The Impact of Southern Staple Agriculture on The First Chattel Mortgage Acts in The Anglo-American World, 30 Ohio N.U.L. Rev. 537, 545 (2004)...

Word Count : 337

Foreclosure

Last Update:

these two modes specifically apply to real estate mortgages. Foreclosure of chattel mortgages (mortgage of movable property) are governed by Sec. 14 of...

Word Count : 8378

Mortgages in English law

Last Update:

Mortgages over personal property are often referred to as 'chattel mortgages', and mortgages over intangible rights are often expressed to operate by way...

Word Count : 2972

Index of real estate articles

Last Update:

linked house purchases Chain – unit of measurement Chain of title Chattel Chattel mortgage City block Civil action Civil Rights Act of 1866 Civil Rights Act...

Word Count : 2405

Hypothec

Last Update:

real security over movable property (in opposition to the common-law chattel mortgage). In the mixed legal systems of some other countries (e.g. Scots law...

Word Count : 2643

The Souls of Black Folk

Last Update:

of croppers, 40 percent are metayers or "tenant on shares" with a chattel mortgage, 39 percent are semi-metayers and wage-laborers, while 5 percent are...

Word Count : 6589

Recorder of deeds

Last Update:

of land title, whether original, transfer or condominium as well as chattel mortgage papers. The said agency is under the supervision of the Land Registration...

Word Count : 1401

Security interest

Last Update:

most U.S. states had imposed numerous onerous restrictions upon chattel mortgages in order to protect debtors (at a time debtor's prisons were being...

Word Count : 7530

Slavery

Last Update:

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...

Word Count : 28501

Secured transaction

Last Update:

code. Secured transactions in the United States Security interest Chattel mortgage "Secured transactions". LII / Legal Information Institute. Archived...

Word Count : 1598

Swedish Companies Registration Office

Last Update:

auditors. The Agency receives financial statements and records of chattel mortgages and liquidations. The agency also provides corporate information (registers...

Word Count : 129

Solomon Northup

Last Update:

less than the purchase price agreed upon for Northup, Ford held a chattel mortgage on Northup for $400, the difference between the two amounts. Under...

Word Count : 7311

Index of law articles

Last Update:

organization – Charitable remainder trust – Charitable trust – Charter – Chattel – Chattel mortgage-- Checks and balances – Cheque – Chief Justice – Chief Justice...

Word Count : 7773

Ralph Leroy Nafziger

Last Update:

business affairs of his father. Edward Nafziger, who could not pay a chattel mortgage he had taken with a wholesale grocery company.[2] Roy Nafziger started...

Word Count : 463

Trial of Joseph Estrada

Last Update:

₱41) account of Joseph Estrada: ₱500 million - "promissory note and chattel mortgage"; 450 million shares of Waterfront Philippines valued at ₱427.5 million;...

Word Count : 3208

Food safety in China

Last Update:

agencies. Regulate contract performance, auctions and registration of chattel mortgage; investigate and penalize illegal practices such as contract frauds...

Word Count : 4634

Walker Keith Baylor

Last Update:

succeeded in the Alabama Senate, to the amount of $361 and executed a chattel mortgage. Baylor represented Jefferson County at the Railroad Convention of...

Word Count : 2253

Desloge Consolidated Lead Company

Last Update:

land leases, purchases, options, rights of refusals, mineral rights, chattel mortgages, deed transfers, quit-claims, trust deeds, judgment sales, sheriff’s...

Word Count : 2076

PDF Search Engine © AllGlobal.net