Chattel Form Paper With Code In Philadelphia

State:
Multi-State
County:
Philadelphia
Control #:
US-0007BG
Format:
Word; 
Rich Text
Instant download

Description

The Chattel form paper with code in Philadelphia is a legal document used to secure a loan with movable property as collateral, specifically applied here to mobile homes. This form outlines the obligations of the mortgagor (borrower) to repay a specified amount to the mortgagee (lender) according to agreed terms, including payment schedules and interest rates. It includes key features such as provisions for the ownership and encumbrance status of the collateral, insurance requirements, and the rights of the mortgagee in case of default. Users can fill in necessary details such as the names of the mortgagor and mortgagee, payment amounts, and collateral description. Additionally, specific use cases include financing mobile homes, securing loans for personal property, and protecting lender interests in personal property transactions. The form is beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides structured guidance on securing loans and ensuring compliance with relevant legal requirements, ultimately streamlining the transaction process.
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  • Preview Chattel Mortgage on Mobile Home
  • Preview Chattel Mortgage on Mobile Home
  • Preview Chattel Mortgage on Mobile Home

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FAQ

Chattel paper is an asset type over which an entity can grant a security interest under Article 9 of the UCC. For more information on security interests in chattel paper, see Practice Note, UCC Creation, Perfection, and Priority of Security Interests.

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Chattel Form Paper With Code In Philadelphia