Free LA Notary Legal Terminology Questions and Answers

the mortgagor can request an extension on the loan term

the mortgagee must reduce the interest rate on the loan

the mortgagee has a right to demand payment of debt in full

the property taxes are automatically waived

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If it had been agreed upon in the contract of no partition or by law.

If partitioning the land substantially takes from the value of the other portions and renders them of no use.

To do away with fractional ownership and to make perfect each co-owner's title or ownership in individual physical shares.

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Partition

Provisional custody by mandate

Protest

Affidavit of distinction

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2 years

6 months

1 year

3 years

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A notary to make the partition in accordance with law.

If it had been agreed upon in the contract of no partition or by law.

It can by sold for example by sheriff's sale and the proceeds divided amongst owners in indivision.

If it had been agreed upon in the contract of no partition or by law.

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