Examlex
Property taxes are an example of a cost that would be considered to be:
Collateral
Goods or property used to secure a debt.
Right to Redeem
The legal right to reclaim property or an asset that has been sold, under certain conditions, within a specified period.
Security Agreement
A contract that grants a lender a security interest in a specified asset or property, serving as collateral for a loan.
Personal Property Registry
The Personal Property Registry is a legal database where security interests in personal property (items other than real estate) are registered, facilitating the public notice of claims.
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