Priority of Multiple Purchase Money Security Interests

Priority of Multiple Purchase Money Security Interests

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Interactive Video

Business

University

Hard

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The video tutorial explains the concept of multiple purchase money security interests in collateral, highlighting situations where multiple parties provide funds or enabling loans. It discusses the priority of security interests, emphasizing that a financier's interest typically takes precedence over an enabling loan. The tutorial also covers the importance of filing and perfecting security interests, noting that the first to file generally has priority, especially within a 20-day window.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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