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.
This one does not need any introduction; the famous place atop which Tom Cruise proposed to Katie Holmes. It is located on the Champ de Mars in Paris. It was built as an entrance arch to the Worldâs Fair in 1889. It is one of the most famous structures of the world and is the tallest building in Paris. It stands around 320 meters high; thatâs almost the same as 81-storey building. The tower has three levels for visitors.
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.