answersLogoWhite

0

Oklahoma

The state of Oklahoma is located in the South Central region of the US. It has a total area of 181,195 sq km, making it the 20th largest state. In 2010, it has an estimated population of 3.6 million.

2,151 Questions

What does it mean to perfect a security interest?

Perfecting a security interest means that you have taken all the necessary legal steps and filed all the required papers to establish a lien against someone's property. If you borrow money against your house and sign a promissory note, the lender's security interest is perfected when the mortage or deed of trust is recorded.