Secured Transactions: Security interest as a Contingent Property Right

[Colorless89]

Professor Khan is 100% correct. It is great to see this kind of information on YouTube.

[WUSecuredTransaction]

Response to Chuck Calvin

The security agreement can structure a commercial transaction in numerous ways, conceding benefits to the lender even before default. (By the way, Part 6 keeps on chanting the ohm mantra after default). Contractual concessions to the lender in a security agreement, however, can be analytically separated from the core purpose of the security interest, which empowers the lender to obtain self-help remedies. Ali Khan