by Ethan Atkinson | Feb 10, 2026 | P-T, PropertyPedia
In real estate law, seisin, also spelled seizin, refers to the possession of real property by a person who is legally entitled to it. It denotes both ownership and the right to possess the land. Historically, seisin was an important concept in establishing lawful...
by Ethan Atkinson | Feb 10, 2026 | P-T, PropertyPedia
In real estate and commercial finance, a security interest is the legal interest a creditor holds in the property of a debtor to secure payment or performance of an obligation. It gives the creditor rights in the collateral until the debt is satisfied. Under the...
by Ethan Atkinson | Feb 10, 2026 | P-T, PropertyPedia
In real estate and commercial finance, a security agreement is a contract between a debtor and a secured party that creates a security interest in personal property. It is governed by the provisions of the Uniform Commercial Code. The security agreement identifies the...
by Ethan Atkinson | Feb 10, 2026 | P-T, PropertyPedia
In real estate and finance, security refers to real or personal property that is pledged or hypothecated by a borrower to protect the lender’s interest. The property serves as collateral to ensure repayment of a loan or performance of an obligation. If the borrower...
by Ethan Atkinson | Feb 10, 2026 | P-T, PropertyPedia
In real estate and finance law, a secured party is the person or entity that holds a security interest in property to secure the performance of an obligation. This party has legal rights in the collateral until the debt or obligation is satisfied. Examples of secured...