mortgage

[robhalford88]

Originally Posted by mrg

Because if too many people "learn" too much, he/she will have to find actual productive work, and produce actual product?

Oh oh, someone else realises the deal too?

[Notorial dissent]

Originally Posted by robhalford88

Hey I have a really novel idea, why don't you stop lying, deceiving and threatening people attempting to learn for themselves?

Robby, I have threatened no one, I have done no lies, I have however suggested that people might actually read what they are assuming so much about, now if that is not a part of learning, then why does this offend you so much?

Originally Posted by theghost

Notorial dissent, you are either a disinformation agent, or you just haven't read much of the UCC yourself, don't know which, don't really care. Revised article 9 is all about secured transactions, and absolutely apllies to real estate. i filed a UCC-1 against a judge a few years ago, and he freaked out. he then hired a law firm to put his house in trust, (fraudulent conveyance) three days AFTER I filed it.

Pity you really didn’t read Art 9, it does deal with secured transactions, but it is referring to commercial paper and commodities sales. You know what I liked the best though, that being the section you didn’t read, the part about what it specifically doesn’t apply to, that part about interest or lien on real property that specifically isn’t covered by the UCC. Yep, I really liked that part best of all. Pity you didn’t read it.

I didn’t say you couldn’t file a UCC-1, I just said it was invalid, and as to your little stunt with the judge, that’ll land you in jail these days, and it is still called fraud.

[farmer_giles_of_ham]

I am no UCC guru but I know for a fact that every county has a "ucc real estate" section. Basically the intangible stuff gets recorded on the state level, with the bureau of corporations or equivalent, and real estate specifically goes into the county section- makes sense because that's where the real estate records are.

I personally did this several times. For example, in Montgomery Pennsy. www.montcopa.org (land records)

http://rodviewer.montcopa.org/countyweb/disclaimer.do

click on 'search public records', you will then come to a page 'search criteria', and if you scroll down in the section 'document type', you will find at the bottom, a list of types real estate ucc filings for that county. Here is a copy/paste of that
UCC
UCC 3 Amendment
UCC 3 Assignment
UCC 3 Continuation
UCC 3 Release
UCC 3 Termination
UCC 1

[charlesa6]

You are absolutely right, farmer.
I think "ND" just want to mislead the members, and intercept their progress in law. That's all.

[farmer_giles_of_ham]

Its like a pathological behaviour. I understand the motivation bar-attornies and accountants have in protecting their business but this is just cyberspace. Someone has got to really take it upon themselves to spend a lot of time muddying the waters. I am here trying to learn and bounce ideas off others, to build and be built in the process. What is the motivation for anyone else? Its bizzare!

On the other hand its a sign that what goes on here is important enough to bother.

[Notorial dissent]

Nice try, no cookie.

A UCC-1 is used to define a security interest in non-real estate property, specifically fixtures and improvements when real estate is involved, but the real estate itself comes under state real estate laws, and not the UCC. Otherwise, a UCC-1 is used to define a security intesest in goods or chattel that has been placed as security.

[Rlynne]

Farmer Giles is correct, in the state of Texas there's a "ucc real estate" section in each county. Is this true of all the states I couldn't say.

I have used a UCC on real estate successfully in the past. My sister and I decided to check to see if a UCC was filed by the bank that held the mortgage on her home and sure enough there was one.

I think I see what the issue is, UCC 1. For instance a UCC 9 was used for consumer goods, farm equipment, business equipment but some states have done a way with the UCC 9. A UCC 1 could be filed instead. Now when you file a UCC it's either a 1 or 3 (which is used for changes, termination, or additions). Again I don't know if it's common across the board for each state to be this way.

[mrg]

Originally Posted by Rlynne

Farmer Giles is correct, in the state of Texas there's a "ucc real estate" section in each county. Is this true of all the states I couldn't say.

I have used a UCC on real estate successfully in the past. My sister and I decided to check to see if a UCC was filed by the bank that held the mortgage on her home and sure enough there was one.

In Illinois to perfect a UCC 1, it is done at the county level, at the office of the county recorder of deeds and.

The form has an enumerated section in which real estate is to be identified, and the county recorder cannot accept the UCC 1 without that section being filled in with a description of property with a nexus to either the Secured Party, the debtor, or both, and obtained from the clerk of the circuit court of the county.

[mrg]

Originally Posted by Notorial dissent

Why always a predicate consisting of a demeaning, deprecating, condescending, elitist statement of pure presumption?

Why will you not illustrate and prove your presumptions, in fact, by first impartially citing and quoting the relevant sources to which you purport to refer without validation?

[charlesa6]

Originally Posted by mrg

In Illinois to perfect a UCC 1, it is done at the county level, at the office of the county recorder of deeds and.

The form has an enumerated section in which real estate is to be identified, and the county recorder cannot accept the UCC 1 without that section being filled in with a description of property with a nexus to either the Secured Party, the debtor, or both, and obtained from the clerk of the circuit court of the county.

You absolutely right on the money, mrg.