California Court of Appeal July 28, 1994, B072189 (Lovelady v. Bryson Escrow, Inc.)

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United States · · · 28-07-1994

Opinion

GILBERT, J.

Here we hold that security interests in real estate leases are not governed by the Commercial Code.

1

Nevertheless, we also hold that a UCC-1 financing statement which specifically states that it covers a leasehold interest, may be sufficient to constitute a leasehold mortgage.

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