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  2. What property buyers should know about land loans - AOL

    www.aol.com/finance/property-buyers-know-land...

    Buying land is different from buying an existing house — here’s what to know about land loans. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 ...

  3. Secured loan - Wikipedia

    en.wikipedia.org/wiki/Secured_loan

    A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan. The debt is thus secured against the collateral, and if the borrower defaults , the creditor takes possession of the asset used as collateral and may ...

  4. Collateral (finance) - Wikipedia

    en.wikipedia.org/wiki/Collateral_(finance)

    In lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan. [1] [2] The collateral serves as a lender's protection against a borrower's default and so can be used to offset the loan if the borrower fails to pay the principal and interest satisfactorily under the terms of the lending ...

  5. Security interest - Wikipedia

    en.wikipedia.org/wiki/Security_interest

    In the United Kingdom, this has been introduced under the Financial Collateral Arrangements (No.2) Regulations 2003 [36] where the assets subject to the mortgage are "financial collateral" and the mortgage instrument provides that the regulations apply. Appropriation is a means whereby the mortgagee can take title to the assets, but must ...

  6. What is business collateral?

    www.aol.com/finance/business-collateral...

    Collateral for a small business loan is an asset or assets that a business owner promises to hand over to a lender if they fail to repay the loan. Collateral acts as security for the loan, which ...

  7. Secured transactions in the United States - Wikipedia

    en.wikipedia.org/wiki/Secured_transactions_in...

    A security interest becomes enforceable against the collateral as soon as it attaches. Attachment requires three things: (i) that the debtor have rights in the collateral or the power to convey rights; (ii) that value be given; and (iii) in most cases, that the debtor have authenticated a security agreement that adequately describes the collateral.

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