Navigating UCC Issues in Real Estate Finance Opinions: The ABA/ACMA/ACREL/ACCFL Opinion ReportRead Time: 1 min
Necessary Background for Rendering and Receiving Opinion Letters for Transactions Beyond Real Property
While some real estate financings involve only real property, many transactions involve U.C.C. collateral such as fixtures, as-extracted collateral, uncut timber, deposit accounts, investment property, and ordinary personal property used to run the business. Real estate counsel must have a thorough understanding of the UCC when a financing transaction includes these types of collateral.
Marshall Grodner (Baton Rouge) will participate in a Strafford CLE panel webinar on Tuesday, August 29, 2023, for real estate practitioners offering guidance on giving and reviewing opinion letters relating to Uniform Commercial Code matters. The webinar will be based on the UCC Opinion Report released in 2019 by the American Bar Association, the American College of Mortgage Attorneys, and the American College of Real Estate Lawyers. Marshall and his co-panelists will examine various issues associated with creating and perfecting a security interest in personal property collateral, fixtures, and non-fixture real estate collateral under the UCC.