The following below are the common types of security.

Land and landed properties.

in real estate a landed property is a property that generate income for the owner without the
owner having to do the actual work of the estate real property includes real estate, and it add
bundle of rights. This bundle of right is broad term used to organize property right as they relate
to real estate.

A bundle of rights is composed of five different rights of the property owner;

The right to possess is the right to occupy the property.

The right to control is the right to determine the interest and uses for others.
The right to enjoy is the right to use the property without outside interference.
The right to exclude is the right to refuse others interest or uses for the property.
The right to dispose off is the right to determine how and if the property is sold or given to another
party.

Real estate is simply a piece of land plus any natural or artificial man made improvements that are
attached or have been added. Natural attachment a part of land and includes trees, water, valuable
mineral deposits and oil.
Artificial improvement includes buildings, side walks, and fences. Real estate can be split into two broad
categories; residential and commercial.

Residential real estate is a property intended for human habitation by a single family or multiple
families.

Commercial real estate has a business use and focus. This property type include office buildings, malls,
restaurants.

The real property consists of both physical objects and common law rights where as real estate consists
only physical objects.

Debentures Explained

Similar to most bonds, debentures may pay periodic interest payments called coupon payments. Like
other types of bonds, debentures are documented in an indenture. An indenture is a legal and binding
contract between bond issuers and bondholders. The contract specifies features of a debt offering, such
as the maturity date, the timing of interest or coupon payments, the method of interest calculation, and
other features. Corporations and governments can issue debentures.

mortgage

is a legal instrument which is used to create a security interest in real property held by a lender as a
security for a debt, usually a loan of money. A mortgage in itself is not a debt, it is the lender's security
for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage
lender, on the condition that this interest will be returned to the owner when the terms of the mortgage
have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender
makes to the borrowe

Lien

A lien is a legal claim or a right against property.1 Liens provide security, allowing a person or
organization to take property or take other legal action to satisfy debts and obligations. Liens are often
part of the public record, informing potential creditors and others about existing debts.

Here's an example: When you buy a home, you promise to repay your lender. But your lender might
want more than your signature—they have very little leverage if you stop making payments. But by filing
specific documents with local government offices, the lender becomes a lienholder (the person or
organization that files the lien) on your property. The debt is now secured, and the lender has a better
chance of getting repaid) There is no bailment of goods as security. It is only a creation of a right to
possession in the hands of the bailee. It is a mere right of retainer.

2) It gives no right to sell

3) Lien is host by loss of possession

4) Lien is created by law or by express or implied contract.

Bank Deposits Work

The deposit itself is a liability owed by the bank to the depositor. Bank deposits refer to this liability
rather than to the actual funds that have been deposited. When someone opens a bank account and
makes a cash deposit, he surrenders the legal title to the cash, and it becomes an asset of the bank. In
turn, the account is a lia2bility to the bank.

Pledge.

Creation of right: In a pledge, goods are bailed as a security for payment of debt or for performance of a
promise.

2) Right to sell: It gives a right to sell.

3) Possession: It creates a right of security i.e. pledge of goods is not lost by return of goods to the
owner or by loss of possession.

4) Origin: Pledge is created by contract between the part

Chattel

A chattel mortgage is a loan arrangement in which an item of movable personal property acts as security
for a loan. The movable property, or chattel, guarantees the loan, and the lender hold.
Definition: Chattel mortgage is a loan extended to an individual or a company on a movable property.
Here, the ‘chattel’ or the movable personal property which could be a car or a mobile home can be used
as a security to extend the loan.

Description: Chattel mortgages are secured loans attached to a personal movable property which is used
to extend the loan to an individual or a business owner. In the traditional setup, a loan is given to a
person based on the security he/she provides which is usually in the form of land, house, etc.

But with chattel mortgage, a loan is extended to a borrower secured by ‘chattel’, in which the bank
holds a lien until the entire amount is repaid. Usually, the rate of interest levied on such mortgages is
lower.

Chattel mortgage generally carries a lower rate of interest, flexible payment structure, and thus proves
to be better especially for business owners.

Let’s understand chattel mortgage with the help of an example. If you are a contractor involved in
repairing job or construction then you would need a vehicle to carry the goods as well as construction
material.

One feature of chattel mortgage which differs from consumer loan is that your bank or the mortgage
company will secure the loan using the ‘chattel’ or the vehicle which you are planning to purchase. It
could be a tow truck or mini-van etc.

The most important advantage to a mortgage company is that assets which are kept as security are
movable and can be sold off quickly in an event of a default. Automobiles, yacht or boats, mobile homes
or trailers, electronic items, and appliances are all examples of movable property.