Examlex
Life-stage changes usually result from ________.
Personal Property Securities Act
Legislation governing the registration and enforcement of security interests in personal property other than real estate.
Chattel Mortgage
A form of secured loan where personal movable property is used as collateral for the loan, without surrendering possession of the property.
Conditional Sales Contract
A contractual arrangement in which the sale of a property or item is not finalized until all the conditions outlined in the contract are met.
Purchase Money Securities Interest
A legal claim that allows a lender to have priority in a debtor's asset, provided the loan was used to purchase the asset.
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