reglab/housing_qa huggingface dataset:
CT Gen Stat § 42a-9-604 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-604 - Procedure if security agreement covers real property or fixtures.

 (a) If a security agreement covers both personal and real property, a secured party may proceed:(1) Under this part as to the personal property without prejudicing any rights with respect to the real property; or(2) As to both the personal property and the real property in accordance with the rights with respect to the real property, in which case the other provisions of this part do not apply.(b) Subject to subsection (c), if a security agreement covers goods that are or become fixtures, a secured party may proceed:(1) Under this part; or(2) In accordance with the rights with respect to real property, in which case the other provisions of this part do not apply.(c) Subject to the other provisions of this part, if a secured party holding a security interest in fixtures has priority over all owners and encumbrancers of the real property, the secured party, after default, may remove the collateral from the real property.(d) A secured party that removes collateral shall promptly reimburse any encumbrancer or owner of the real property for the cost of repair of any physical injury caused by the removal. The secured party need not reimburse the encumbrancer or owner for any diminution in value of the real property caused by the absence of the goods removed or by any necessity of replacing them. A person entitled to reimbursement, other than the debtor, may refuse permission to remove until the secured party gives adequate assurance for the performance of the obligation to reimburse.(P.A. 01-132, S. 101.)Annotation to former section 42a-9-313(8):Cited. 44 CS 156.
CT Gen Stat § 42a-9-605 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-605 - Unknown debtor or secondary obligor.

 (a) A secured party does not owe a duty based on its status as secured party:(1) To a person that is a debtor or obligor, unless the secured party knows:(A) That the person is a debtor or obligor;(B) The identity of the person; and(C) How to communicate with the person; or(2) To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:(A) That the person is a debtor; and(B) The identity of the person.(b) What the secured party knows is to be determined in the light of the good faith obligations of the secured party.(P.A. 01-132, S. 102.)
CT Gen Stat § 42a-9-606 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-606 - Time of default for agricultural lien.

 For purposes of this part, a default occurs in connection with an agricultural lien at the time the secured party becomes entitled to enforce the lien in accordance with the statute under which it was created.(P.A. 01-132, S. 103.)
CT Gen Stat § 42a-9-607 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-607 - Collection and enforcement by secured party.

 (a) If so agreed, and in any event after default, a secured party:(1) May notify an account debtor or other person obligated on collateral to make payment or otherwise render performance to or for the benefit of the secured party;(2) May take any proceeds to which the secured party is entitled under section 42a-9-315;(3) May enforce the obligations of an account debtor or other person obligated on collateral and exercise the rights of the debtor with respect to the obligation of the account debtor or other person obligated on collateral to make payment or otherwise render performance to the debtor, and with respect to any property that secures the obligations of the account debtor or other person obligated on the collateral;(4) If it holds a security interest in a deposit account perfected by control under subdivision (1) of subsection (a) of section 42a-9-104, may apply the balance of the deposit account to the obligation secured by the deposit account; and(5) If it holds a security interest in a deposit account perfected by control under subdivision (2) or (3) of subsection (a) of section 42a-9-104, may instruct the bank to pay the balance of the deposit account to or for the benefit of the secured party.(b) If necessary to enable a secured party to exercise under subdivision (3) of subsection (a) of this section the right, if any, of a debtor to enforce a mortgage nonjudicially, the secured party may record in the office in which a record of the mortgage is recorded:(1) A copy of the security agreement that creates or provides for a security interest in the obligation secured by the mortgage; and(2) The secured party's sworn affidavit in recordable form stating that:(A) A default has occurred with respect to an obligation secured by the mortgage; and(B) The secured party is entitled to enforce the mortgage nonjudicially.(c) A secured party shall proceed in a commercially reasonable manner if the secured party:(1) Undertakes to collect from or enforce an obligation of an account debtor or other person obligated on collateral; and(2) Is entitled to charge back uncollected collateral or otherwise to full or limited recourse against the debtor or a secondary obligor.(d) A secured party may deduct from the collections made pursuant to subsection (c) of this section reasonable expenses of collection and enforcement, including reasonable attorney's fees and legal expenses incurred by the secured party.(e) This section does not determine whether an account debtor, bank or other person obligated on collateral owes a duty to a secured party.(P.A. 01-132, S. 104; P.A. 11-108, S. 17.)History: P.A. 11-108 amended Subsec. (b)(2)(A) to add “with respect to an obligation secured by the mortgage” re default and amended Subsec. (d) to make a technical change, effective July 1, 2013.
CT Gen Stat § 42a-9-608 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-608 - Application of proceeds of collection or enforcement. Liability for deficiency and right to surplus.

 (a) If a security interest or agricultural lien secures payment or performance of an obligation, the following rules apply:(1) A secured party shall apply or pay over for application the cash proceeds of collection or enforcement under section 42a-9-607 in the following order to:(A) The reasonable expenses of collection and enforcement and, to the extent provided for by agreement and not prohibited by law, reasonable attorney's fees and legal expenses incurred by the secured party;(B) The satisfaction of obligations secured by the security interest or agricultural lien under which the collection or enforcement is made; and(C) The satisfaction of obligations secured by any subordinate security interest in or other lien on the collateral subject to the security interest or agricultural lien under which the collection or enforcement is made if the secured party receives an authenticated demand for proceeds before distribution of the proceeds is completed.(2) If requested by a secured party, a holder of a subordinate security interest or other lien shall furnish reasonable proof of the interest or lien within a reasonable time. Unless the holder complies, the secured party need not comply with the holder's demand under subparagraph (C) of subdivision (1) of this subsection.(3) A secured party need not apply or pay over for application noncash proceeds of collection and enforcement under section 42a-9-607 unless the failure to do so would be commercially unreasonable. A secured party that applies or pays over for application noncash proceeds shall do so in a commercially reasonable manner.(4) A secured party shall account to and pay a debtor for any surplus, and the obligor is liable for any deficiency.(b) If the underlying transaction is a sale of accounts, chattel paper, payment intangibles or promissory notes, the debtor is not entitled to any surplus, and the obligor is not liable for any deficiency.(P.A. 01-132, S. 105.)
CT Gen Stat § 42a-9-610 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-610 - Disposition of collateral after default.

 (a) After default, a secured party may sell, lease, license or otherwise dispose of any or all of the collateral in its present condition or following any commercially reasonable preparation or processing.(b) Every aspect of a disposition of collateral, including the method, manner, time, place and other terms, must be commercially reasonable. If commercially reasonable, a secured party may dispose of collateral by public or private proceedings, by one or more contracts, as a unit or in parcels, and at any time and place and on any terms.(c) A secured party may purchase collateral:(1) At a public disposition; or(2) At a private disposition only if the collateral is of a kind that is customarily sold on a recognized market or the subject of widely distributed standard price quotations.(d) A contract for sale, lease, license or other disposition includes the warranties relating to title, possession, quiet enjoyment and the like which by operation of law accompany a voluntary disposition of property of the kind subject to the contract.(e) A secured party may disclaim or modify warranties under subsection (d):(1) In a manner that would be effective to disclaim or modify the warranties in a voluntary disposition of property of the kind subject to the contract of disposition; or(2) By communicating to the purchaser a record evidencing the contract for disposition and including an express disclaimer or modification of the warranties.(f) A record is sufficient to disclaim warranties under subsection (e) if it indicates “There is no warranty relating to title, possession, quiet enjoyment or the like in this disposition” or uses words of similar import.(P.A. 01-132, S. 107.)Annotations to former section 42a-9-504:Cited. 153 C. 181; 203 C. 407; 207 C. 15; 216 C. 458; 221 C. 530; 227 C. 270; 231 C. 707.Cited. 24 CA 455; 41 CA 324.Cited. 34 CS 632; 37 CS 7; 38 CS 455; 40 CS 475.Annotation to present section:Default rule is that a secured party impliedly warrants that it is conveying good title to the property to a buyer at a secured party sale. 310 C. 375.
CT Gen Stat § 42a-9-611 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-611 - Notification before disposition of collateral.

 (a) In this section, “notification date” means the earlier of the date on which:(1) A secured party sends to the debtor and any secondary obligor an authenticated notification of disposition; or(2) The debtor and any secondary obligor waive the right to notification.(b) Except as otherwise provided in subsection (d), a secured party that disposes of collateral under section 42a-9-610 shall send to the persons specified in subsection (c) a reasonable authenticated notification of disposition.(c) To comply with subsection (b), the secured party shall send an authenticated notification of disposition to:(1) The debtor;(2) Any secondary obligor; and(3) If the collateral is other than consumer goods:(A) Any other person from which the secured party has received, before the notification date, an authenticated notification of a claim of an interest in the collateral;(B) Any other secured party or lienholder that, ten days before the notification date, held a security interest in or other lien on the collateral perfected by the filing of a financing statement that:(i) Identified the collateral;(ii) Was indexed under the debtor's name as of that date; and(iii) Was filed in the office in which to file a financing statement against the debtor covering the collateral as of that date; and(C) Any other secured party that, ten days before the notification date, held a security interest in the collateral perfected by compliance with a statute, regulation or treaty described in subsection (a) of section 42a-9-311.(d) Subsection (b) does not apply if the collateral is perishable or threatens to decline speedily in value or is of a type customarily sold on a recognized market.(e) A secured party complies with the requirement for notification prescribed by subparagraph (B) of subdivision (3) of subsection (c) of this section if:(1) Not later than twenty days or earlier than thirty days before the notification date, the secured party requests, in a commercially reasonable manner, information concerning financing statements indexed under the debtor's name in the office indicated in subparagraph (B) of subdivision (3) of subsection (c) of this section; and(2) Before the notification date, the secured party:(A) Did not receive a response to the request for information; or(B) Received a response to the request for information and sent an authenticated notification of disposition to each secured party or other lienholder named in that response whose financing statement covered the collateral.(P.A. 01-132, S. 108.)Annotations to former section 42a-9-504(3):Cited. 207 C. 15; 209 C. 163; 216 C. 458.Cited. 18 CA 265; 24 CA 455.Cited. 34 CS 632; 38 CS 455; 40 CS 475.
CT Gen Stat § 42a-9-612 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-612 - Timeliness of notification before disposition of collateral.

 (a) Except as otherwise provided in subsection (b), whether a notification is sent within a reasonable time is a question of fact.(b) In a transaction other than a consumer transaction, a notification of disposition sent after default and ten days or more before the earliest time of disposition set forth in the notification is sent within a reasonable time before the disposition.(P.A. 01-132, S. 109.)
CT Gen Stat § 42a-9-613 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-613 - Contents and form of notification before disposition of collateral: General.

 Except in a consumer-goods transaction, the following rules apply:(1) The contents of a notification of disposition are sufficient if the notification:(A) Describes the debtor and the secured party;(B) Describes the collateral that is the subject of the intended disposition;(C) States the method of intended disposition;(D) States that the debtor is entitled to an accounting of the unpaid indebtedness and states the charge, if any, for an accounting; and(E) States the time and place of a public disposition or the time after which any other disposition is to be made.(2) Whether the contents of a notification that lacks any of the information specified in subdivision (1) are nevertheless sufficient is a question of fact.(3) The contents of a notification providing substantially the information specified in subdivision (1) are sufficient, even if the notification includes:(A) Information not specified by that subdivision; or(B) Minor errors that are not seriously misleading.(4) A particular phrasing of the notification is not required.(5) The following form of notification and the form appearing in subdivision (3) of section 42a-9-614, when completed, each provides sufficient information:NOTIFICATION OF DISPOSITION OF COLLATERALTo: .... (Name of debtor, obligor or other person to which the notification is sent)From: .... (Name, address and telephone number of secured party)Name of Debtor(s): .... (Include only if debtor(s) are not an addressee)(For a public disposition:)We will sell (or lease or license, as applicable) the .... (describe collateral) (to the highest qualified bidder) in public as follows:Day and Date: ....Time: ....Place: ....(For a private disposition:)We will sell (or lease or license, as applicable) the .... (describe collateral) privately sometime after .... (day and date).You are entitled to an accounting of the unpaid indebtedness secured by the property that we intend to sell (or lease or license, as applicable) (for a charge of $ ....). You may request an accounting by calling us at .... (telephone number).(P.A. 01-132, S. 110.)
CT Gen Stat § 42a-9-617 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-617 - Rights of transferee of collateral.

 (a) A secured party's disposition of collateral after default:(1) Transfers to a transferee for value all of the debtor's rights in the collateral;(2) Discharges the security interest under which the disposition is made; and(3) Discharges any subordinate security interest or other subordinate lien.(b) A transferee that acts in good faith takes free of the rights and interests described in subsection (a), even if the secured party fails to comply with this article or the requirements of any judicial proceeding.(c) If a transferee does not take free of the rights and interests described in subsection (a), the transferee takes the collateral subject to:(1) The debtor's rights in the collateral;(2) The security interest or agricultural lien under which the disposition is made; and(3) Any other security interest or other lien.(P.A. 01-132, S. 114.)
CT Gen Stat § 42a-9-618 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-618 - Rights and duties of certain secondary obligors.

 (a) A secondary obligor acquires the rights and becomes obligated to perform the duties of the secured party after the secondary obligor:(1) Receives an assignment of a secured obligation from the secured party;(2) Receives a transfer of collateral from the secured party and agrees to accept the rights and assume the duties of the secured party; or(3) Is subrogated to the rights of a secured party with respect to collateral.(b) An assignment, transfer or subrogation described in subsection (a):(1) Is not a disposition of collateral under section 42a-9-610; and(2) Relieves the secured party of further duties under this article.(P.A. 01-132, S. 115.)Annotations to former section 42a-9-504(5):Cited. 18 CA 265; 24 CA 455.
CT Gen Stat § 42a-9-619 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-619 - Transfer of record or legal title.

 (a) In this section, “transfer statement” means a record authenticated by a secured party stating:(1) That the debtor has defaulted in connection with an obligation secured by specified collateral;(2) That the secured party has exercised its post-default remedies with respect to the collateral;(3) That, by reason of the exercise, a transferee has acquired the rights of the debtor in the collateral; and(4) The name and mailing address of the secured party, debtor and transferee.(b) A transfer statement entitles the transferee to the transfer of record of all rights of the debtor in the collateral specified in the statement in any official filing, recording, registration or certificate-of-title system covering the collateral. If a transfer statement is presented with the applicable fee and request form to the official or office responsible for maintaining the system, the official or office shall:(1) Accept the transfer statement;(2) Promptly amend its records to reflect the transfer; and(3) If applicable, issue a new appropriate certificate of title in the name of the transferee.(c) A transfer of the record or legal title to collateral to a secured party under subsection (b) or otherwise is not of itself a disposition of collateral under this article and does not of itself relieve the secured party of its duties under this article.(P.A. 01-132, S. 116.)
CT Gen Stat § 42a-9-621 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-621 - Notification of proposal to accept collateral.

 (a) A secured party that desires to accept collateral in full or partial satisfaction of the obligation it secures shall send its proposal to:(1) Any person from which the secured party has received, before the debtor consented to the acceptance, an authenticated notification of a claim of an interest in the collateral;(2) Any other secured party or lienholder that, ten days before the debtor consented to the acceptance, held a security interest in or other lien on the collateral perfected by the filing of a financing statement that:(A) Identified the collateral;(B) Was indexed under the debtor's name as of that date; and(C) Was filed in the office or offices in which to file a financing statement against the debtor covering the collateral as of that date; and(3) Any other secured party that, ten days before the debtor consented to the acceptance, held a security interest in the collateral perfected by compliance with a statute, regulation or treaty described in subsection (a) of section 42a-9-311.(b) A secured party that desires to accept collateral in partial satisfaction of the obligation it secures shall send its proposal to any secondary obligor in addition to the persons described in subsection (a).(P.A. 01-132, S. 118.)
CT Gen Stat § 42a-9-622 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-622 - Effect of acceptance of collateral.

 (a) A secured party's acceptance of collateral in full or partial satisfaction of the obligation it secures:(1) Discharges the obligation to the extent consented to by the debtor;(2) Transfers to the secured party all of a debtor's rights in the collateral;(3) Discharges the security interest or agricultural lien that is the subject of the debtor's consent and any subordinate security interest or other subordinate lien; and(4) Terminates any other subordinate interest.(b) A subordinate interest is discharged or terminated under subsection (a), even if the secured party fails to comply with this article.(P.A. 01-132, S. 119.)
CT Gen Stat § 42a-9-623 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-623 - Right to redeem collateral.

 (a) A debtor, any secondary obligor or any other secured party or lienholder may redeem collateral.(b) To redeem collateral, a person shall tender:(1) Fulfillment of all obligations secured by the collateral; and(2) The reasonable expenses and attorney's fees described in subdivision (1) of subsection (a) of section 42a-9-615.(c) A redemption may occur at any time before a secured party:(1) Has collected collateral under section 42a-9-607;(2) Has disposed of collateral or entered into a contract for its disposition under section 42a-9-610; or(3) Has accepted collateral in full or partial satisfaction of the obligation it secures under section 42a-9-622.(P.A. 01-132, S. 120.)Annotations to former section 42a-9-506:Cited. 216 C. 458.Cited. 24 CA 455.
CT Gen Stat § 42a-9-624 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-624 - Waiver.

 (a) A debtor or secondary obligor may waive the right to notification of disposition of collateral under section 42a-9-611 only by an agreement to that effect entered into and authenticated after default.(b) A debtor may waive the right to require disposition of collateral under subsection (e) of section 42a-9-620 only by an agreement to that effect entered into and authenticated after default.(c) Except in a consumer-goods transaction, a debtor or secondary obligor may waive the right to redeem collateral under section 42a-9-623 only by an agreement to that effect entered into and authenticated after default.(P.A. 01-132, S. 121.)