jmhendri wrote:Foosters Galore wrote:does a fixture filing (or whatever the fuck its called) not have priority over other mortgages?
WHAT THE EVER LOVING FUCK WAS THAT QUESTION ABOUT? I have never even heard of a fixture filing.
UCC Fixture filings in counties where the fixture (and land) sits. Secures fixtures for mortgages, but the mortgage usually must prime, I believe.
Article 9 changes common law rule first to file to: mortgages over fixtures not filed w/in 20 days. Not sure the MBE covers Article 9.