A creditor has a security interest in collateral, and becomes a secured party, if and when a security interest âattaches.â Under the UCC, a security interest generally does not attach unless three basic requirements are met. In simplest form, the requirements are that: value be given for the security interest.
Taj Mahal. The Taj Mahal is composed of a complex of buildings that were constructed during the middle of the fifteenth century. The unique style of the famous building combines Turkish, Persian, and other Middle Eastern design influences to secure its place as one of top 10 beautiful buildings around the world.
The Burj Al Arab. In a city famous for its architecture, the Burj Al Arab defines the Dubai skyline. The newest building on a long list of architecture built on a grand scale, the Burj Al Arab was built in 1994 and is one of the most luxurious hotels in the world.