N.Y. Uniform Commercial Code Law Section 9-604
Procedure If Security Agreement Covers Real Property, Fixtures, or Cooperative Interests

Section 9--604. Procedure If Security Agreement Covers Real Property, Fixtures, or Cooperative Interests.

(a)

Enforcement: personal and real property. If a security agreement covers both personal and real property, a secured party may proceed:

(1)

under this part as to the personal property without prejudicing any rights with respect to the real property; or

(2)

as to both the personal property and the real property in accordance with the rights with respect to the real property, in which case the other provisions of this part do not apply.

(b)

Enforcement: fixtures. Subject to subsection (c), if a security agreement covers goods that are or become fixtures, a secured party may proceed:

(1)

under this part; or

(2)

in accordance with the rights with respect to real property, in which case the other provisions of this part do not apply.

(c)

Removal of fixtures. Subject to the other provisions of this part, if a secured party holding a security interest in fixtures has priority over all owners and encumbrancers of the real property, the secured party, after default, may remove the collateral from the real property.

(d)

Injury caused by removal. A secured party that removes collateral shall promptly reimburse any encumbrancer or owner of the real property, other than the debtor, for the cost of repair of any physical injury caused by the removal. The secured party need not reimburse the encumbrancer or owner for any diminution in value of the real property caused by the absence of the goods removed or by any necessity of replacing them. A person entitled to reimbursement may refuse permission to remove until the secured party gives adequate assurance for the performance of the obligation to reimburse.

(e)

Enforcement: cooperative interests. A security interest in a cooperative interest may be enforced only as provided in Section 9--601(a).

Source: Section 9-604 — Procedure If Security Agreement Covers Real Property, Fixtures, or Cooperative Interests, https://www.nysenate.gov/legislation/laws/UCC/9-604 (updated Sep. 22, 2014; accessed Dec. 6, 2025).

9–601
Rights after Default 9–602
Waiver and Variance of Rights and Duties 9–603
Agreement on Standards Concerning Rights and Duties 9–604
Procedure If Security Agreement Covers Real Property, Fixtures, or Cooperative Interests 9–605
Unknown Debtor or Secondary Obligor 9–606
Time of Default for Agricultural Lien 9–607
Collection and Enforcement by Secured Party 9–608
Application of Proceeds of Collection or Enforcement 9–609
Secured Party’s Right to Take Possession after Default 9–610
Disposition of Collateral after Default 9–611
Notification Before Disposition of Collateral 9–612
Timeliness of Notification Before Disposition of Collateral 9–613
Contents and Form of Notification Before Disposition of Collateral: General 9–614
Contents and Form of Notification Before Disposition of Collateral: Consumer-goods Transaction 9–615
Application of Proceeds of Disposition 9–616
Explanation of Calculation of Surplus or Deficiency 9–617
Rights of Transferee of Collateral 9–618
Rights and Duties of Certain Secondary Obligors 9–619
Transfer of Record or Legal Title 9–620
Acceptance of Collateral in Full or Partial Satisfaction of Obligation 9–621
Notification of Proposal to Accept Collateral 9–622
Effect of Acceptance of Collateral 9–623
Right to Redeem Collateral 9–624
Waiver

California:	Codes
Colorado:	C.R.S.
Florida:	Statutes
Nevada:	NRS
New York:	Laws
Oregon:	OAR, ORS
Texas:	Statutes
World:	Rome Statute, International Dictionary

N.Y. Uniform Commercial Code Law Section 9-604 Procedure If Security Agreement Covers Real Property, Fixtures, or Cooperative Interests

(a)

(1)

(2)

(b)

(1)

(2)

(c)

(d)

(e)

N.Y. Uniform Commercial Code Law Section 9-604
Procedure If Security Agreement Covers Real Property, Fixtures, or Cooperative Interests