Security Interests (Intro)

The video tutorial provides an overview of security interests and secured transactions. It begins with the basics of security interests, including attachment, perfection, and priority. The discussion then shifts to security interests in real property, covering mortgages, foreclosure, and redemption rights. The focus moves to personal property, detailing attachment, perfection, and purchase money security interests. Priority rules for security interests are explained, followed by buyer protections and rules for fixtures. The tutorial aims to equip viewers with a comprehensive understanding of secured transactions.

Discuss the concept of priority in secured transactions.

What protections exist for a buyer in the ordinary course of business when purchasing collateral subject to a security interest?