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.
â Abraj Al-Bait Tower â in Saudi Arabia is the most expensive Building in the world, costing a staggering $15 billion USD. While â Masjid al-Haram â also in Saudi Arabia tops the overall list of âmost expensive Buildings in the worldâ having cost Â£75 billion ($100 billion) to build. Allow me to explain a few things first. When you think about most expensive building in the world, its obvious you and a few more people would think about Arab or Dubai. Although, budgeting wasnât on the agenda when constructing the worldâs most expensive buildings. It can be hard to comprehend the amount of money spent in their construction.