UCC §9-109 sets forth the scope of UCC Article 9. Under that section, "any transaction, regardless of its form, that creates a security interest in personal property or fixtures by contract" is governed by Article 9, subject to certain exceptions.
Drawing the Line Between Real Property and Personal Property In the UCC
The back-and-forth is certainly confusing, but what is clear is that it can be unclear exactly where the line between real property and personal property should be drawn.
By
Barbara M. Goodstein
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