A security interest in fixtures,such as furnaces,central air-conditioning units,and plumbing fixtures,may not arise under UCC Article 9 since fixtures have become so related to real property that an interest in them arises under real estate law.

Question

Quizplus · Accepted Answer

Under UCC Article 9, a security interest can indeed arise in fixtures. Although fixtures are closely associated with real property, Article 9 provides for the creation, perfection, and enforcement of security interests in fixtures, subject to certain conditions and filings.

A Security Interest in Fixtures,such as Furnaces,central Air-Conditioning Units,and Plumbing