Security Interest - Types

Types

Security interests may be taken on any type of property. The law divides property into two classes: personal property and real property. Real property is the land, the buildings affixed to it and the rights that go with the land. Personal property is defined as any property other than real property.

Read more about this topic:  Security Interest

Famous quotes containing the word types:

    The rank and file have let their servants become their masters and dictators.... Provision should be made in all union constitutions for the recall of leaders. Big salaries should not be paid. Career hunters should be driven out, as well as leaders who use labor for political ends. These types are menaces to the advancement of labor.
    Mother Jones (1830–1930)

    He types his laboured column—weary drudge!
    Senile fudge and solemn:
    Spare, editor, to condemn
    These dry leaves of his autumn.
    Robertson Davies (b. 1913)

    Our major universities are now stuck with an army of pedestrian, toadying careerists, Fifties types who wave around Sixties banners to conceal their record of ruthless, beaverlike tunneling to the top.
    Camille Paglia (b. 1947)