By when should a fixture filing be filed after installation?

By when should a fixture filing be filed after installation?

• A. Within 20 days
• B. Within 60 days
• C. Within 1 year
• D. Immediately upon installation

Answer: (A)

When a security interest covers items that become fixtures, you must perfect that interest by filing in the real property records. The required timing is within 20 days after the fixture is installed or becomes affixed. This 20-day window protects the secured party’s priority against later claims or liens on the property. Filing outside that window can jeopardize perfection and priority. The other timeframes don’t fit the rule: 60 days and 1 year exceed the permitted window, and while filing promptly is good practice, the rule specifies a 20-day deadline rather than an immediate filing.

When a security interest covers items that become fixtures, you must perfect that interest by filing in the real property records. The required timing is within 20 days after the fixture is installed or becomes affixed. This 20-day window protects the secured party’s priority against later claims or liens on the property. Filing outside that window can jeopardize perfection and priority.

The other timeframes don’t fit the rule: 60 days and 1 year exceed the permitted window, and while filing promptly is good practice, the rule specifies a 20-day deadline rather than an immediate filing.