Fixture Filing: Which statement is true?

• A. Filing similar to a UCC financing statement
• B. A real property deed
• C. A certificate of insurance
• D. A lease termination document

Answer: (A)

Fixture filing focuses on perfecting a security interest in items that are attached to or become part of real property. The filing is placed in the real property records and serves a similar purpose to a UCC financing statement, but it targets fixtures rather than general personal property. This ensures the secured party has notice and priority in the event of default, even though the fixtures are integrated into the building or land. The filing typically lists the secured party and debtor, describes the fixtures, and identifies the real property involved. It’s not a deed, which conveys ownership of real property; it’s not a certificate of insurance, which covers risk; and it’s not a lease termination document, which ends a lease.