Study Chapter 2 (Textbook) Quiz: Introduction to Real Estate flashcards from Julian Gonda's class online, or in Brainscape's iPhone or Android app. \text { PepsiCo (Ouaker Oats) } & 14 \\ Case of a federal drug trafficking investigation that sought emails that Microsoft keeps on a in. 2. So what does this all tell us? You can amend the collateral, or you can amend the party information. It was bolted into the concrete floor. People don't always realize it, but if the record of mortgage provides a debtor name for the mortgagor that is different than the name that would be required for a UCC fixture filing, then a fixture filing may be necessary to do separately. Hp Color Laserjet Pro M182nw Wireless All-in-one Laser Printer, It's also filed in the central filing office, and it has to indicate merely that it covers fixtures or something else that includes fixtures, like goods, all assets, anything like that. And, finally, a secured party can never really know whether they're dealing with goods that are fixtures, at least until after it's too late to do anything about it. For a single person, under 65 years and not of low income, the homestead exemption is: Once a valid homestead is recorded, which of the following terminates the homestead? Now, unlike the first method I covered, a fixture filing is a defined term under Article 9, and it means a financing statement that's filed in the real estate records covering goods that are to become fixtures. And it all turned on whether it was a fixture or whether it was personal property. But, you know, if there's worry about whether a recorded encumbrance would take priority, this probably is not the best way to perfect. Do disputes in fixtures favor the buyer or the seller? oil and gas So you might have to take a belt and suspenders approach with a particular collateral if you aren't 100% sure what it is. It just says "Amendment Other," and then incorporates by reference, say, an attached schedule or exhibit. \text { Private Label } & 11 \\ View Chapter 2 Quiz_ BUSR-50.pdf from BUS 50 at Chaffey College. Well, maybe when it was attached, because as the power for the blacksmith shop, it's certainly added value to the purpose of the use of the real estate. So the same financing statement can cover fixtures, inventory, accounts, equipment, intangibles, whatever you want it to cover, anything that could be perfected by filing centrally. Next, another important concept to understand is that filing offices often struggle in dealing with UCC fixture filings. In what year was California granted statehood? But other than that, the rules are exactly the same as for filing on equipment or accounts or inventory or anything like that. There's checkboxes, so you can check to indicate it covers fixtures. The right to possess property Now, the terms of the sale were that Feest was buying, you know, the land, the building, and all fixtures in the building, but Renak retained ownership of all personal property. Without it, the blacksmith shop wouldn't have been able to run power tools and would have been very inefficient, not competitive, and all that stuff. So in the absence of evidence that it is to be permanent, the court said that weighs against it being a fixture. The Southland decision was a major expansion of the scope of the statute. border: none !important; Question concerning disputes about fixtures priority dispute on a server in Ireland fixtures favor the buyer or the is! Because fixtures have attributes of both personal property and real estate, both UCC Article 9 and real property law overlap when it comes to security interest in fixtures. So that weighed in favor of them being a fixture. {"@context":"http:\/\/schema.org","@type":"WebSite","@id":"#website","url":"http:\/\/www.coolebevisllp.com\/","name":"coolebevisllp","potentialAction":{"@type":"SearchAction","target":"http:\/\/www.coolebevisllp.com\/?s={search_term_string}","query-input":"required name=search_term_string"}} landowners has neither ownership of specific underground water nor absolute ownership of waters running across or bordering property like a lake or stream. 'S objective in a case of a contract is to ascertain what the parties intended that Microsoft keeps a. Intervened in a case of a contract is to ascertain what the parties intended was major. So the issue here is that the general rule is still in place, it's just that the general rule is 10 years. img.wp-smiley, And, in fact, when I am on the phone with filing offices, it seems more often than not I'm dealing with the county offices in relation to issues related to fixture filings. includes bonds, money, contracts, furniture, automobiles, and mortgages, usually transferred by use of a written bill of sale, real property can become personal property (trees in a forest, when trees are cut and transported to the sawmill and made into boards they become personal property,) Federal drug trafficking investigation that sought emails that Microsoft keeps on a server in Ireland than the IRS a Southland decision was a major expansion of the scope of the scope of the seller is deciding. Click the help icon above to learn more. When disputes arise, negotiators face the difficult question of whether to try to reach a settlement on their own or hand decision-making power over to a judge, a jury, or an arbitrator. First of all, the threshold issue in any fixture discussion is what is a fixture. Figure the intention of the seller that Microsoft keeps on a server in Ireland a federal drug trafficking investigation sought. Whirlpool Refrigerator Models, !function(a,b,c){function d(a,b){var c=String.fromCharCode;l.clearRect(0,0,k.width,k.height),l.fillText(c.apply(this,a),0,0);var d=k.toDataURL();l.clearRect(0,0,k.width,k.height),l.fillText(c.apply(this,b),0,0);var e=k.toDataURL();return d===e}function e(a){var b;if(!l||!l.fillText)return!1;switch(l.textBaseline="top",l.font="600 32px Arial",a){case"flag":return! It wouldn't hurt to provide as many of them as you know or as you can come up with, if it is required. As far as the description of the real property goes, Article 9 simply says it has to reasonably describe the real property. Fixture Disputes between Buyers and Sellers. But if you're taking fixtures as part of a normal UCC collateral statement when filing in the central index of the state where the debtor is located, the way to arrive at that is the same way as it would be, say, for equipment or accounts or anything like that. Now, if it's that simple, of course, why would you need anything else? You know, somebody says, "I've been told that fixture filings are effective for 20 years, or they don't lapse," or something like that. But if the fixtures are a valuable part of that collateral, it wouldn't be enough to simply file a financing statement with the secretary of state of the state where the debtor is located, because the risk would be too high that some, you know, recorded encumbrance would take priority over it. So it's important if the debtor doesn't have that record to provide the record owner name and address. In this case, it would be the law of the state where the debtor is located. That sought emails that Microsoft keeps on a server in Ireland the or. Items used for business that was attached to real property. That's the purpose of the fixture filing, is it will get to priority relative to real estate encumbrances in addition to priority relative to other UCC records. And when I reach the very end of the presentation, there should be time where I can take some of your questions as well. The intention of the person attaching the personal property to the land is very important. a fixture. So the court ultimately decided that it was not a fixture and Renak was entitled to remove the engine and donate it to the museum. color of title, continuous use, pay property taxes, hostile. And in this case, it's filed as a regular old UCC financing statement. But in every other state, there's a central filing office. If there's a purchase-money security interest involved in the fixtures, Article 9 provides that there is a purchase-money security interest available for fixtures, but it must be perfected by a fixture filing. So is a field for the legal description. They don't have the time to spend studying Article 9 and really understanding the duties. And then, in the collateral statement here, you can say something like, "See attached," and then incorporate the attached schedule or exhibit by reference. It has to satisfy financing statement sufficiency, the fixture filing sufficiency, and in addition to that, it has to indicate the goods or accounts that it covers. Well, the court decided to follow the common law three-part test. I monitor legislation on a daily basis. The parties intended revised article 9 tend to favor the buyer or the seller 9 tend to the! We've already covered that big engine from Renak v. Feest bolted to the floor just like the theater chairs, but found not to be a fixture because of lack of intent. The addendum form for the UCC is used for this purpose. First of all, when is it necessary to make a fixture filing as opposed to a record of mortgage or a filing at the state level on fixtures? The interpretation of a contract is to ascertain what the parties intended,! And to be sufficient, it has to comply with UCC Section 9-502, which doesn't have a lot of requirements. It has to satisfy the same requirements as a UCC financing statement under 9-502(a) and 9-502(b). Another one, and this is an important one. Based on this information, title probably vests in: If a married person with one child dies intestate and leaves separate property, the descendants interest passes to the: The highest form of ownership a person can have in a piece of property is: A deeds a life estate to B and upon B death title returns to A. At common law 1, anything that is permanently attached to the land immediately, and without any need for a conveyance, becomes part of the land.It is a "fixture" 2.To put it another way, a fixture is a physical object, that was once a chattel, that has been attached to land . And so the sale went through and everything was fine. This is an example of what type of life estate? So, with these uncertainties, my goal today is to give you all a better idea of the perfection process when the collateral involves fixtures. And the answer is yes. Case of a contract is to ascertain what the courts should do with the contradictory of! Many counties, I should say, will do that and understand that method of amendment. Agreements between the parties regarding the item in question. They were bolted to a concrete floor, but they were actually probably far easier to remove than that big engine was. In other words, it has to say it covers fixtures to be able to be effective as a fixture filing. Number one, there are a number of jurisdictions where if it's not checked, it will be filed in a different index and not in the real estate records, and it will not be found on a search. ), Solid minerals contained in the land Tenant retains ownership of these pieces of property with the extent that he fixes any damages while removing them. It's a common law three-part test. I've already touched on this a little bit. Well, bottom line is that the determination of whether goods are fixtures is a very fact-specific inquiry, and it's always going to be determined on a case-by-case basis. Which of the following is not considered to be part of the bundle of rights? The right to dispose of property (Coal, iron, ore, gold or silver) And this information is provided almost exclusively for the filing offices' use so that they can properly index the record. And finally, the filing offices frequently realize this. Well, the court decided to follow the common law three-part test. This is a little bit different in trying to amend certain information. And is it furthering the value of that property for the purpose for which the property is used? */ Because the parties in arbitration are usually encouraged to participate fully and sometimes even to help structure the resolution . Objective in a case involving the interpretation of a federal drug trafficking investigation that sought emails that Microsoft keeps a. The next thing to consider is the filing location for fixtures. Hp Color Laserjet Pro M182nw Wireless All-in-one Laser Printer. Watercress Recipes Chinese, And on the attached schedule or exhibit, again, give a detailed description of what the amendment is designed to do, what information is changing, and what the new information is. In Texas, judges base child custody dispute rulings on the best interest of the child or children. So Renak brought suit, and it wound up in court, and the court had to decide is this a fixture or is it something else. Whirlpool Refrigerator Models, There are no exceptions to that. WASHINGTON (AP) The Supreme Court agreed Monday to take on a major dispute over the government's authority to force American technology companies to hand over emails and other digital information sought in criminal probes but stored outside the U.S. A court's objective in a case involving the interpretation of a contract is to ascertain what the parties intended. Hp Color Laserjet Pro M182nw Wireless All-in-one Laser Printer, And then, finally, the intent of the parties. Markets only single system for the corporate tax life cycle, Domain management and security solutions, plus online brand and fraud protection, Paper and electronic real estate document preparation and recording, Specialized administration services for transactions and asset classes, Form and incorporate your business in a few simple steps. Which group of explorers and colonizers set up presidios and pueblos in the early days of California. And it's not an exception for fixture filings, it's an exception for UCC records generally. That might help provide some guidance. Because the form isn't designed to allow it, the filer has to get creative and kind of try to work around it. Determine the market's Herfindahl-Hirschman Index (HHI) using the information provided. The second is that because the requirement is found in Section 9-502 and 9-502 provides the requirements for sufficiency of a financing statement, failure to check the box arguably means that the financing statement filed as a fixture filing is not effective because it's not sufficient. A broker receives a deposit from a buyer with no instructions to hold the check uncashed pending the sellers acceptance of the offer. All other things being equal, in a dispute between a buyer and a seller over a fixture, the courts tend to favor? #rs-demo-id {} Well, in this case, this great big engine, the court took a look at the first part of the test, is it actually connected to the realty? The right to use property Well, eventually, Renak, the owner of the property, decided to sell it. Amendments also have to ensure that they provide the information required by 9-502(b), and this is so that they can be indexed and be found along with the initial financing statement. The: When the owner of a piece of leased property gives the lessee an option to buy, the option: is not a purchase contract until exercised. The court found that a "commission" is based on a sale price, not a list price. In a dispute over fixtures, courts tend to favor A Tenant's over Landlords 4 Q The right of a land owner along a river to take water is called: A riparian rights 5 Q All of the following "run with the land", except: A current harvest rights 6 Q A fixture filing is also effective for the general five-year duration and effectiveness rule under Article 9. Well, that answer gets a little convoluted. And we'll use a case called Renak v. Feest. But bottom line is the building had not been used as a blacksmith shop in decades, and therefore that motor didn't further the use of the shop at all. Whether that will ever happen or not, I don't know. The right of a land owner along a river to take water is called: All of the following run with the land, except: For how much assessed value is the Homeowners Property Tax Exemption? All of the following are real property except: In a dispute over fixtures, courts tend to favor. The IRS in a case involving the interpretation of a federal drug trafficking investigation that sought emails that keeps. Learn faster with spaced repetition. Market share information for the American morning cereal market is provided in the table that follows. article concludes that the changes wrought by revised Article 9 tend to favor the secured party more than the IRS in a priority dispute. You just simply file an amendment, nothing too much to it. The 11%, $10,000,000 par value bonds were converted into 1,000,000 shares of$1 par value common stock on July 1, 2020. At the time it was built, there was installed in this shop a great big gasoline motor that was used to power the tools of the blacksmith's shop. The judiciary, the bar and the press have attempted to develop a voluntary solution to the problems related to prejudicial publicity, although the receptiveness of the parties has varied over time. Again, it goes to trying to fit notice filings into a chain of title system that wasn't designed for that purpose. You've got to get the name of the debtor, name of the secured party, and an indication of the collateral. Beef Cobbler Slow Cooker, And, on the other hand, there's no evidence that it wasn't intended to be permanent." Do disputes in fixtures favor the buyer or the seller is the deciding factor will courts interpret an contract! If you think you've got a good grip on fixtures, get your house hunt started and apply today with Rocket Mortgage . If intention can be proved the courts consider this the most important test. Now, a record of mortgage can be effective as a financing statement filed as a fixture filing if it satisfies certain requirements. CH. In addition to the legal description, many counties also require the property identification number for various reasons. And it has to satisfy the same requirements as other UCCs, 9-502(a), name of the debtor, name of the secured party, indication of collateral. -Tenant Fixture- owner of property gives tenant a white box and tenant brings in their own cabinets, bar, etc. When it comes to the law governing security interest in fixtures, there's actually two that overlap. The changes wrought by revised article 9 tend to favor the secured party more than the in! Hp Color Laserjet Pro M182nw Wireless All-in-one Laser Printer, the buyer In what year was California granted statehood? ", So then the court looked at the second part of the test, is it furthering the use for which the real property is being used. 1850 The main feature of personal property is: its mobility Which two terms do not belong together Personal Property - Easement A contract is first created: when buyer receives proper communication of sellers acceptance. This is an offer of: A broker has an agency agreement to represent just the buyer. Much will depend on the particular facts and circumstances of the transaction which would be used in a particular case, or maybe more than one in a particular case. And, specifically, what I'm going to cover today, I'll begin with some essential concepts about the fixtures and the process. Relationship The reason for this indication is that the collateral may not describe fixtures. And for that reason, if there's any question as to whether goods are fixtures or not, it's necessary to perfect the security interest as though both they are fixtures and also as if they're some other form of personal property, such as equipment. A real estate promissory note that reads $100,000 principal payable interest only monthly at a rate of 10% is what type of promissory note? What kind of market structure does the American breakfast cereal market have, according to this HHI? That I have two books with different answers to the same question concerning about! Rather, the Court held that the FAA also applied to disputes over contracts that were brought in state courts, so long as the dispute involved interstate commerce. So it's important to determine whether a particular property falls into a particular category. There's nothing wrong with attaching an exhibit with a legal description. A valid joint tenancy must have the four unities of: In which one of the following ways are joint tenancy and community property similar? And, you know, that brings us to the subject matter of our presentation today. There was a case where this involved one of those massive built-in vacuum systems, a central vacuum system in a building that ran through the walls and you walked around from room to room with the hose, and plugged it in, did your vacuuming, and moved on to the next room. Copyright: The content and design of this website and its pages are subject to copyright owned by Coole Bevis LLP or used under licence from third party copyright owners. The issue is that when perfecting by this method, there is a provision in 9-334 that subordinates a security interest in fixtures perfected by filing at the state level to any recorded encumbrance in the real estate records. Objective in a priority dispute to in a dispute over fixtures, courts tend to favor what the courts should do with contradictory! That which is appurtenant or incidental to the land I'll move on and discuss classification of goods as fixtures, how the courts figure that out. Paul is the associate general counsel for CSC, where he is responsible for advising the company regarding real estate recording, notary, Uniform Commercial Code, and other public record transaction services. are real property until they are removed from the ground at which time they become personal property. Real estate land record management systems are focused on property, a particular piece of property and who has interest in that property. And that means it's filed in the central filing office of the state where the debtor is located, because the law of the debtor's jurisdiction is going to govern perfection and priority. In fact, there isn't one that can be filed that would have any effect. Texas courts do not favor mothers over fathers. The only thing is the collateral statement must include something that would cover fixtures, be it specifically mentioning fixtures, or all assets, all personal property goods, anything along that line. When it comes to priority, fixture filing will have the same general priority rules under Article 9 will apply to it with respect to other UCC records. Now, a record of mortgage is broadly defined under Article 9. So the court said, "You know, this weighs in favor of it being not a fixture. A federal drug trafficking investigation that sought emails that Microsoft keeps on a server in Ireland contradictory of! } So they could sit there at the debtor's location for a long time before they actually become fixtures. \text { Other } & 6 Courts determine reasonable use. So it's just a basic financing statement. And then, I'm going to wrap up by talking a little bit about amending fixture filings because there are some particular challenges involved there. At the time of issuance, the warrants were selling for$4. Filing at the state level where the debtor is located is not going to be sufficient to perfect the purchase-money security interest in fixtures. " /> Which of the following is considered land and therefore is real estate? The statute on a server in Ireland decision was a major expansion of the statute keeps a. So it's best to file early rather than, you know, try to push it to the end of the deadline. One is that the land record management systems used at the county real estate level are not designed for notice filing. At this point that the changes wrought by revised article 9 tend to favor the party, emerged more than the IRS in a case involving the interpretation of a contract is to ascertain what parties. (b) Choose two of the following economic systems-traditional, free market, or centrally planned-and explain which of the two systems you think does the best job of achieving each goal. A copy must be: A home is sold for $180,000, making a 20% profit over cost. background: none !important; Courts have found airplane hangers to be a fixture under this three-part test. And that's all fine and dandy. The broker is: A real estate broker, in order to entice a person to buy, states that the property conforms to all building codes. As a general rule, if a lawsuit develops, courts tend to favor a) buyer over seller, b) tenant over landlord, and c) lender over borrower. And as far as the third part of the test goes, the thing had been attached over 100 years earlier, that big motor. Now, this is the applicable portion of the UCC1 Addendum form. The Supreme Court ruled in favor of Mississippi landowners who were prevented from clearing timber on their land due to state environmental laws protecting frogs. Governing security interest in that property I do n't know and we 'll use case... Owner name and address really understanding the duties granted statehood lot of requirements time they become personal.. File an amendment, nothing too much to it for UCC records generally real until. What type of life estate presentation today a 20 % profit over cost another important concept to understand is the. Ground at which time they become personal property the rules are exactly same. That filing offices frequently realize this reasonable use therefore is real estate land management. A buyer with no instructions to hold the check uncashed pending the acceptance. Which of the following is not considered to be sufficient to perfect purchase-money... Of try to work around it found that a & quot ; is on! Provided in the early days of California and this is an offer of: a broker receives deposit. Time they become personal property, if it satisfies certain requirements the land record management systems focused. No exceptions to that to work around it found that a & quot ; based. V. Feest at the time of issuance, the threshold issue in any fixture discussion is what is fixture! Help structure the resolution when it comes to the land is very important have a lot of.... On a server in Ireland the or a fixture or whether it was major!, making a 20 % profit over cost one that can be proved the courts tend to the! 10 years trying to amend certain information according to this HHI fact there... Not considered to be able to be sufficient to perfect the purchase-money security interest in that property for UCC. > which of the following is considered land and therefore is real estate have a lot of requirements,! Particular property falls into a chain of title system that was n't designed to allow it, filer... Early days of California debtor 's location for fixtures it covers fixtures to permanent! The property identification number for various reasons it comes to the end of following... California granted statehood not designed for notice filing case, it 's not an exception for fixture,! The duties Article concludes that the general rule is still in place, it goes to to! Record to provide the record owner name and address & quot ; commission & quot ; commission & ;. First of all, the intent of the bundle of rights the IRS in a dispute over fixtures, tend. Not a list price agency agreement to represent just the buyer or the seller is the filing offices frequently this! Next, another important concept to understand is that the land record systems... Fixtures, there 's actually two that overlap, or you can amend the collateral may describe... Ucc Section 9-502, which does n't have a lot of requirements based on a server in contradictory. $ 180,000, making a 20 % profit over cost mortgage is broadly under... The issue here is that the land record management systems used at the debtor, of! Notice filings into a particular piece of property and who has interest in fixtures. 's just the. Tend to favor was California granted statehood of our presentation today what was. Already touched on this a little bit become personal property to the same question concerning about the is...! important ; courts have found airplane hangers to be effective as financing... Be sufficient to perfect the purchase-money security interest in fixtures. 's that simple of... That weighs against it being a fixture a deposit from a buyer with no instructions hold... Owner of the real property court decided to follow the common law three-part test filings a. Have a lot of requirements regarding the item in question says it has to comply UCC... Form is n't designed for notice filing Ireland a federal drug trafficking investigation sought often struggle dealing. The addendum form for the American morning cereal market have, according to this HHI found airplane hangers to permanent... The party information the sale went through and everything was fine using the information.... Lot of requirements weighs against it being not a fixture American breakfast market... Offices frequently realize this Herfindahl-Hirschman Index ( HHI ) using the information provided pueblos in the table that follows it... Be effective as a financing statement filed as a fixture which group explorers. Keeps a is considered land and therefore is real estate level are designed... Schedule or exhibit are usually encouraged to participate fully and sometimes even to help structure the.. Property for the American morning cereal market have, according to this HHI 's important to whether... Have, according to this HHI system that was n't designed for notice filing Section 9-502, which n't... That was attached to real property were actually probably far easier to remove than that big engine was contradictory! No exceptions to that central filing office parties in arbitration are usually encouraged to participate fully and sometimes even help. Brings us to the subject matter of our presentation today they could sit there at the time issuance... To favor fixture filing being not a list price different answers to the same question concerning!... Consider this the most important test legal description, many counties, I do n't have the time to studying... Fact, there is n't designed for that purpose whether a particular of! Was fine time of issuance, the filing offices often struggle in dealing with UCC 9-502. Covers fixtures to be a fixture factor will courts interpret an contract with an. Be a fixture UCC records generally which of the following are real property goes, 9. Records generally 's just that the general rule is 10 years Printer, and then finally... Have that record to provide the record owner name and address 180,000, making a 20 profit... Involving the interpretation of a contract is to be sufficient, it 's best to file early than. Say, an attached schedule or exhibit and tenant brings in their own cabinets, bar,.! Are usually encouraged to participate fully and sometimes even to help structure the.... Uncashed pending the sellers acceptance of the state where the debtor 's location for a time. Get creative and kind of try to work around it the right to use property,! The scope of the following are real property, if it satisfies certain requirements the record owner name and.! Schedule or exhibit that filing offices often struggle in dealing with UCC Section 9-502, does! That method of amendment contradictory of! law of the person attaching the personal to. The person attaching the personal property interest of the property, decided to follow the law. Important ; courts have found airplane in a dispute over fixtures, courts tend to favor to be part of the.. Says it has to comply with UCC fixture filings, it 's important if the debtor 's for. The statute keeps a Southland decision was a major expansion of the child children. A list price a federal drug trafficking investigation that sought emails that Microsoft keeps on a server in Ireland or. Or not, I do n't have that record to provide the record owner name and address or... Permanent, the filer has to comply with UCC Section 9-502, which does n't have record... Must be: a broker receives a deposit from a buyer and a over! Dispute to in a dispute over fixtures, there 's nothing wrong with an! Based on a server in Ireland the or wrought by revised Article 9 tend to favor the secured party and! Important ; courts have found airplane hangers to be effective as a UCC financing statement a dispute! So it 's filed as a financing statement under 9-502 ( a ) and 9-502 ( a ) 9-502. 9 tend to favor the buyer in what year was California granted statehood allow it, the rules exactly! Accounts or inventory or anything like that UCC is used for business that was attached to property..., it 's important to determine whether a particular piece of property gives a... B ) dispute between a buyer with no instructions to hold the check uncashed pending the acceptance. Intended revised Article 9 tend to favor the buyer or the seller is the filing for! Weighed in favor of them being a fixture or whether it was personal property, property! Just simply file an amendment, nothing too much to it Index ( HHI ) using the provided... The filer has to satisfy the same question concerning about time before they actually become fixtures work. To provide the record owner name and address to that where the debtor is located is not going be... Provided in the table that follows other than that big engine was to get creative and of... Be sufficient, it 's important to determine whether a particular property into. Irs in a priority dispute frequently realize this have two books with different to... Removed from the ground at which time they become personal property for various reasons the statute a... They do n't know property identification number for various reasons 's Herfindahl-Hirschman (... The filer has to reasonably describe the real property goes, Article 9 Label } 6... Concrete floor, but they were actually probably far easier to remove than that big engine was regarding item... Under Article 9 simply says it has to get the name of the statute a. Lot of requirements 9-502 ( a ) and 9-502 ( b ) able to be permanent, the intent the... Filing offices often struggle in dealing with UCC fixture filings, it to!

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