Chattel Form Paper With Code In Pima

• Category: Loans and Lending - Chattel Mortgages
• State: Multi-State
• County: Pima
• Control #: US-0007BG
• Format: Word; Rich Text

Description

The Chattel Mortgage form on mobile home, with code in Pima, serves as a secure agreement between a mortgagor and a mortgagee for the financing of mobile homes. This form includes details such as the identity of the mortgagor and mortgagee, the description of the collateral, and payment terms, including the amount financed and interest rates. It outlines the responsibilities of the mortgagor, including ensuring the collateral is free from encumbrances and maintaining insurance on the mobile home. Key features include provisions for default and remedies available to the mortgagee, enabling swift action if payments are missed. Instructions for filling out the form emphasize clarity, requiring all parties to specify names, addresses, and financial terms while ensuring that users understand their rights and obligations. Legal professionals, including attorneys and paralegals, can utilize this form to facilitate financing arrangements for clients, ensuring compliance with state laws and protecting interests in the collateral. Owners and partners can rely on the Chattel Mortgage to secure loans against their mobile homes confident that their asset is legally protected.