Personal Property Security Agreement
Category:
State:
Multi-State
Control #:
US-8052J
Format:
Word;
Rich Text
Instant download
Description
This form is used in consumer transactions such as the sale of residential appliances, vehicles or mobile home secured transactions. The purchaser becomes a debtor and gives the seller or secured party an interest in the personal property item until the item is paid in ful. The agreement is made in connection with the debtor's promissory note. The personal property becomes collateral for that loan.
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