Chattel Form Paper For Sale In Massachusetts
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FAQ
If a transaction is evidenced by records that include an instrument or series of instruments, the group of records taken together constitutes chattel paper.
The Uniform Commercial Code (UCC) defines chattel paper as “a record or records that evidence both a monetary obligation and a security interest in or a lease of specific goods.” Chattel paper provides lenders with a tangible form of collateral to secure their loans.
Chattel Paper The Receivables constitute “tangible chattel paper” or “electronic chattel paper” within the meaning of the UCC.
Definitions of chattel. noun. personal as opposed to real property; any tangible movable property (furniture or domestic animals or a car etc) synonyms: movable, personal chattel. personal estate, personal property, personalty, private property.
Chattel is any tangible personal property that is movable. Examples of chattel are furniture, livestock, bedding, picture frames, and jewelry.
A human being considered to be property; an enslaved person.
Chattel is any tangible personal property that is movable. Examples of chattel are furniture, livestock, bedding, picture frames, and jewelry.
A chattel refers to the movable or immovable personal property of an individual except real estate. Generally, the basic elements of a claim of trespass to chattels are lack of an owner's consent to trespass, interference with possessory interest, and intention of the trespasser.