<img height="1" width="1" style="display:none;" alt="" src="https://px.ds.linkedin.com/collect/?pid=5277500&amp;m=gif">

Documenting and Perfecting Security Interests in Collateral

This course will introduce students to the steps involved in documenting and perfecting a security interest in collateral that a borrower provides for a commercial loan. It begins with an overview of how a lender creates, attaches, and perfects a security interest in collateral. It then provides an in-depth explanation of how to accomplish these steps with different types of collateral, including tangible personal property, general intangibles, real property, and fixtures. It also explains how a lender may achieve priority over competing creditors that have a security interest in the same collateral. Finally, it covers how a lender may continue a previously perfected security interest (avoiding lapse) or release it. The course is designed to provide junior associates with a broad understanding of how to document and perfect security interests in the various types of collateral they may encounter in commercial loan transactions.

Training courses associates and partners love and law firms need.

Upon completion of this course, participants will be able to:

  • Explain the UCC rules and other state laws that govern securing and perfecting collateral by type
  • Understand how to create, attach, and perfect a lender’s security interest for each type of collateral
  • Draft and manage key documents required for securing a loan with each type of collateral
  • Review and complete various forms of creation and perfection documents 

The AltaClaro Difference

Effective Learning with ROI--Backed by Education Science

Step 1: Learn

Learn at your own pace, absorbing lessons in short, easily digested segments led by experienced practitioners.

Step 2: Do

Apply what you've learned to solve real-world client scenarios, using transaction documents derived from actual deals.

Step 3: Review

Deepen your learning in virtual review sessions with an experienced practitioner. Review model answers and ask questions.

Class Content Overview

Course Details

2 CLE Credits is available for each course.

Students are presented with a lender that plans to make a working capital loan to a borrower that manufactures silicon chips. The borrower is a wholly-owned subsidiary of a parent corporation. Students are asked to (i) draft a pledge agreement reflecting the parent corporation’s pledge of its 100% ownership interest in the subsidiary as part of the collateral for the loan and (ii) draft a UCC-1 financing statement that the lender will file to perfect its security interest in the borrower’s silicon chip inventory.

Instructors Who Practice What They Teach

Our vetted instructors are global practitioners with outstanding professional and educational qualifications and demonstrated achievement in their fields. All have 10+ years Big Law experience.

In addition to their accomplishments as practitioners, our instructors are also passionate about teaching. We carefully interview instructor candidates to assess personality, domain expertise and effectiveness in the classroom. Our instructors must maintain a 4.5 out of 5 rating from students.


Our Trusted Network of the World’s Leading Law Firms

Description. Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed diam nonumy eirmod tempor invidunt ut labore et

Praise for Our Legal Instructors

“Doug was very engaging, which was helpful and kept the review session moving.”
AM Law 200 Firm
“John had deep subject matter insight. It was an excellent class.”
AM Law 200 Firm
“Hellen did a fantastic job at meeting us at our experience level ...great war stories and practical tips.”
AM Law 200 Firm
“I really enjoyed this live session. The instructor did a great job: he seemed both well-prepared and he was genuinely engaging.”
AM Law 200 Firm
“Mick didn't just walk through the corrections but the thought process behind each change and how it would effect/protect the client.”
AM Law 200 Firm
“The instructor was great and had a lot of great insights to share.”
AM Law 200 Firm

Class material is 100% online, accessible by all standard web browsers. Use your desktop, laptop, tablet, or smartphone--your progress will by synced across all devices.


The class is fully asynchronous. Do the work at your own pace, turn in your assignment when you're ready, and get instant feedback via model answers and video review sessions.


Learn with dynamic, interactive modules that keep you engaged in active learning using a variety of learning modes.


Includes practical assessments throughout the class, plus a capstone assignment where you apply your skills in the context of a real-world matter.

Interested in this Class?

Law Firms

Rapidly upskill associates with effective, efficient practical skills training.


Explore new practice areas and build in-demand practice skills.

Attorney Training That Leads to More Productivity, Increased Profitability,
and Longer-Lasting Associate Retention