A security agreement may provide that the security interest attaches to property that was not originally in the possession of the debtor when the agreement was executed.This interest is usually referred to as a transparent lien.
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Q36: If there is a default on a
Q37: An improperly recorded document is not effective
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Q39: All states except Nevada and Wyoming permit
Q40: Anti-deficiency statutes usually apply only to non-purchase
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Q43: No financing statement must be filed for
Q44: Perfection does not always protect a secured
Q45: The automatic perfection rule applies to a
Q46: A purchase money security interest takes priority
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