Louisiana Notary Exam Vocabulary 2024/2025 Latest Update Questions Solved 100% Correct/ Verified
Appearer {Ans: - A Person Who Goes Before An Official Authorized To Administer Oaths, Take Acknowledgments, Or Make Authentic Acts, And Who Makes A Declaration, Executes Or Acknowledges An Instrument ...
Louisiana Notary Exam Vocabulary
2024/2025 Latest Update Questions
Solved 100% Correct/ Verified
Appearer {Ans: - A Person Who Goes Before An Official Authorized To Administer
Oaths, Take Acknowledgments, Or Make Authentic Acts, And Who Makes A
Declaration, Executes Or Acknowledges An Instrument Of Writing.
Appraisal {Ans: - The Process Of Valuing Property; A Valuation Of Property By Two
Or More Appraisers Who Are Appointed And Authorized By A Court To Place A
Value On Designated Property As A Part Of A Court Proceeding.
Appurtenances {Ans: - A Right, Privilege, Or Property That Is Considered Incident
To The Principal Property For Purposes Such As Passage Of Title, Conveyance Or
Inheritance; A Thing That Is Necessarily Connected With The Use And Enjoyment Of
Another Thing. State Farm Fire & Cas Co V. Pfiffer, 399 So.2d 1250 (La.App. 1st Cir.
1981)
Ascendant {Ans: - One Who Precedes In Lineage (Parent, Grandparent); An Ancestor.
Assignment {Ans: - The Transfer Of A Claim, Right, Interest, Or Property From One
To Another; The Instrument By Which This Transfer Is Effected.
Assumption Deed {Ans: - An Act Of Sale In Which The Buyer Agrees To Assume
Payment Of The Seller's Mortgage.
Attest {Ans: - To Witness Something
Authentic Act {Ans: - A Writing Executed Before A Notary Public Or Other Officer
Authorized To Perform That Function, In The Presence Of Two Witnesses, And
Signed By Each Party Who Executed It, By Each Witness, And By Each Notary Public
Before Whom It Was Executed.
Base Line {Ans: - East-West Reference Line
Bequest {Ans: - A Disposition Of Property Made By A Testator.
, LOUISIANA NOTARY EXAM VOCABULARY
Bill Of Sale {Ans: - Instrument Translative Of Title Of Movable Property.
Bond {Ans: - A Guarantee Of Indemnity By Any Person, Usually An Insurance
Company; Or Giving Security For Another.
Bond, Personal Surety {Ans: - A Surety Bond Provided By An Individual, Personally,
On Behalf Of A Notary. The Bond Must Be Recorded In The Mortgage Records In The
Parish In Which The Notary Is Seeking Or Holds A Commission.
A Notary Who Is Bonded With A Personal Surety Only Needs To Provide A New Bond
If The Surety Dies, If The Surety Is No Longer Solvent Of $10,000, Or If The Surety
Withdraws His Suretyship.
Bond-For-Deed Contract {Ans: - A Contract Regarding Immovable Property Whereby
The Vendor Agrees To Transfer Title To The Property When The Purchase Price Is
Paid In Full; The Vendee Is Usually Given Possession During The Existence Of The
Contract.
Boundary Line {Ans: - The Line Of Separation Between Continuous Lands.
Cancellation Of A Mortgage {Ans: - A Process Whereby The Clerk Of Court Adjusts
The Public Records To Reflect That The Mortgage Has Been Extinguished. Collateral
Mortgages Are Cancelled By The Presentment Of The Paid Collateral Mortgage Note.
Multiple Obligations Mortgages Are Cancelled Via A Letter Directing Such From The
Creditor/Mortgage Holder.
Capcity {Ans: - A Legal Qualification Including Age And Other Factors. Parties,
Unless Emancipated, Must Be 18 Years Of Age To Contract. Witness For Wills Must
Be 16.
Cash Deed {Ans: - Common-Law Term For An Act Of Sale Of Immovable Property In
Which The Buyer Pays And The Seller Acknowledges Receipt Of The Purchase Price.
Chattel {Ans: - In General, Used To Designate Movable Property, As In The Case Of A
"Chattel Mortgage," Which Is A Mortgage Of Movable Property.
Code {Ans: - Collection Of Laws
, LOUISIANA NOTARY EXAM VOCABULARY
Codicil {Ans: - Common Law Term. An Amendment, Modification, Supplement Or
Addition To A Will That Must Be In The Form A Testament.
Collateral {Ans: - Property In Which A Security Interest Is Granted.
Collateral Mortgage {Ans: - A Mortgage Designed, Not To Directly Secure An Existing
Debt, But To Secure A Mortgage Note Pledged As Collateral Security For A Debt .
The Maker May Reissue The Mortgage Note From Time To Time, And Gave It
Returned To Him Without Extinguishing The Mortgage. It Is Both A Mortgage And A
Pledge.
Collaterals {Ans: - Any Relation Not Directly In The Line Of Ascent Or Descent.
Collation {Ans: - The Supposed Or Real Return To The Mass Of Succession Property
Given To Forced Heirs By Donations Inter Vivid In Order To Divide The Property
With The Other Effects Of The Succession.
Common Things {Ans: - Things That May Not Be Owned By Anyone (Air, The High
Seas).
Community Property {Ans: - A Matrimonial Regime Whereby Property Acquired Or
Produced Through The Labor Of Either Spouse Is Owned In Common By The
Husband And Wife.
Components Parts Of Tracts Of Land {Ans: - Buildings, Other Constructions
Permanently Attached To The Ground , Standing Timber , And I Harvested Crops Or
I Gathered Fruits Of Trees Are Component Parts Of A Tract Of Land When They
Belong To The Owner Of The Ground.
Conditional Obligation {Ans: - An Obligation That Is Dependent Upon The
Occurrence Of An Uncertain Event.
Abstract {Ans: - An Abstract Is A History Of The Title To Property As Revealed By
The Public Records
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