WebJan 25, 2024 · A chattel mortgage is a loan for a manufactured home or other movable piece of personal property, such as machinery or a vehicle. The movable property, called “chattel,” also acts as collateral for the loan. Basically, this means that if you default on your chattel mortgage, your creditor or lender can take possession of the property being ... WebChattel is a legal term that refers to personal property, as opposed to real property (land and buildings). Personal property can include a wide range of items, such as vehicles, furniture, jewelry, artwork, and other items of tangible or intangible value. There is no one specific way in which chattel is structured, as personal property can ...
What Is A Chattel ? Important Definitions And Examples
WebChattel is a legal term that refers to personal property, as opposed to real property (land and buildings). Personal property can include a wide range of items, such as vehicles, … WebJan 27, 2024 · Essentially, the Board puts everyone on notice that from this point forward, the Board will actively and evenhandedly enforce the restriction in question. The process for reviving a provision comes from the case of Chattel Shipping and Investment, Inc. v. Brickell Place Condominium Association, Inc., 481 So.2d 29 (Fla. 3rd DCA 1985). premium wheels vs alloy
Is Your Chattel Paper All Wet? A Deep Dive Into the Super-Priority …
WebJan 14, 2024 · In Chattel Shipping, the association’s declaration of condominium prohibited enclosing balconies without prior association approval. Despite this prohibition, multiple unit owners enclosed their … WebMar 28, 2024 · Attorneys refer to this as the Chattel Shipping clause and comes from the case in 1985 of Chattel Shipping and Investment, Inc. v. Brickell Place Condo Assoc. In this case the association’s declaration of condominium prohibited unit owners from enclosing their balconies without prior approval from the board. Multiple owners, nevertheless ... WebJan 24, 1986 · The unit owner, Chattel Shipping and Investment, Inc., seeks reversal on the sole ground that, because the association has failed to require dismantling of the … scott beck united texas bank