Security Agreement Deal Point™ Guidance

A “Security Agreement” is a document that gives the person lending money or financing an asset a secured interest in to ensure payment; title to the asset, which is used as collateral, ideally should not pass until final payment, a right to recover the asset may be part of the remedies. The secured interest must be “perfected” (See UCC-9). This is used to lessen the risk of default.

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Posted on

February 3, 2018