UCC Discuss topics relating to the UCC, such as negotiable instruments, collection, etc.


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  #1  
Old 05-21-2007, 06:53 PM
JAY432
 
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mortgage

hi

please tell me the stops on getting your home from the mortgage company by using ucc code. who do you write to and what kind of stuff do write? Is there a site you can find ucc documents too use for different kind of legal stuff.



thanks
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  #2  
Old 05-21-2007, 08:19 PM
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Welcome. Yea, check forum section under UCC for more detail to your situation. You need a lot of studies to do to familiar yourself with subject mattter.
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Old 05-22-2007, 03:54 AM
Notorial dissent Notorial dissent is offline
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I have a really novel idea, why don't you try actually reading the UCC, and then pay particular attention to the section of it that tells you it SPECIFICALLY DOESN'T APPLY TO REAL ESTATE.
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Old 05-22-2007, 05:14 AM
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How, precisely, is a "mortgage" "real estate?"
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Old 05-22-2007, 07:30 AM
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Sure it does, you can use "UCC" to protect your property from a lot of things.
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Old 05-22-2007, 03:36 PM
Notorial dissent Notorial dissent is offline
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A mortgage creates a security interest in real property.

The UCC deals only with intangible property, again, the UCC cannot be used to secure an interest in real property and is therefore worthless in this application.
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Old 05-22-2007, 03:38 PM
Notorial dissent Notorial dissent is offline
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Quote:
Originally Posted by charlesa6
Sure it does, you can use "UCC" to protect your property from a lot of things.
Oh, based on what? The UCC does not apply to real property.
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Old 05-22-2007, 07:42 PM
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Quote:
Originally Posted by Notorial dissent
A mortgage creates a security interest in real property.

The UCC deals only with intangible property, again, the UCC cannot be used to secure an interest in real property and is therefore worthless in this application.
Wrong! Try again. Maybe some UCC Guru can chime in and back me up.
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Last edited by charlesa6 : 05-22-2007 at 08:45 PM.
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Old 05-22-2007, 09:41 PM
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Quote:
Originally Posted by Notorial dissent
A mortgage creates a security interest in real property.

The UCC deals only with intangible property, again, the UCC cannot be used to secure an interest in real property and is therefore worthless in this application.

How, precisely is a "mortgage" "real estate?"

(If the above was supposed to precisely answer this, how, precisely, does it?)

How, precisely, is a "security interest in real property" real estate?

What precisely is "real property?

Does "real property" differ from "real estate?"

If so, how, precisely?

Is a "mortgage" "tangible property?"

What are the specific mechanics by which a "mortgage" "creates a security interest in real property?"

Can you/will you cite and quote the UCC section referred to?
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Old 05-22-2007, 11:51 PM
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My points exactly, mrg.
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