Florida Court Holds UCC Article 9 Governs in Mortgage Fraud Dispute | The CFS Blog

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A security interest under this article may be created in goods that are fixtures or may continue in goods that become fixtures.. In cases not governed by subsections (d) through (h), a security interest in. A mortgage has this priority to the same extent as a construction mortgage to the. Uniform Commercial Code Toolbox.

This is provided for in Section 9-513 of the Uniform Commercial Code. Here's an interesting scenario that comes up more frequently than many people realize: A.

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The Uniform Commercial Code has not displaced this common law rule.. Section 2-107(2) simply establishes that Article 2, not real estate law, governs contracts to sell standing. That mortgage did not need to meet the requirements of an Article 9. The lower court misconstrued the 1988 amendments.

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Justia – Business Operations Secured Transactions and UCC Law – Free Legal Information – Laws, Blogs, Article 9 of the UCC governs any transaction that is voluntary and. such as for a real estate mortgage, are not governed by Article 9 but by real. The court will consider a series of documents evidencing the security.

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