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Louisiana Notary Practice Exam Questions with Answers
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Louisiana Notary Practice Exam Questions with Answers
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Louisiana Notary Practice ExamQuestions with Answers
Notary's statement placed on the face of a document to identify and connect
it with another's instrument passed before the notary. - -Paraph
-Where is a paraph is most commonly made on? - -A promissory note to
identify it with a mortgage, priviledge, or other security device.
-What is an example form of a recitation of a paraph? - -"And I, the
undersigned Notary Public, paraphed the Note "Ne Varietur" for identification
with this Sale with Mortgage and delivered the note to the Seller who
acknowledges receipt thereof."
-What is included in a paraph? - -1. Name of the act 2. date the act was
passed 3. signature of the notary
-The division of property owned in common into distinct physical shares. - -
Partition
-Predial Servitude on Mortgaged Property? - -Yes
-If a predial servitude substantially impairs a mortgaed property... - -the
mortgagee has a right to demand payment of debt in full
-A property sold to enforce a mortgage is sold___ of predial servitude - -
Free(Note the user of servitude can take action against Issuer of the
servitude)
-What strong public policy is fundamental to the concept of partition. - -No
one should be compelled to hold property in indivision with another.
-What excludes the right to partion? - -If it had been agreed upon in the
contract of no partition or by law.
-When is partition excluded by law? - -If partitioning the land substantially
takes from the value of the other portions and renders them of no use.
-What could take place when partition is excluded by law? - -It can by sold
for example by sherriff's sale and the proceeds divided amongst owners in
indivision.
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