Louisiana Title Insurance EXAM Questions with
Correct Answers 2026 latest update!!
Save
Terms in this set (324)
Gross Living Area Total area under one roof;
When Land is expropriated by the Just compensations as well as other expenses
state, the landowner may expect such as moving
compensation as:
Buying subject to a mortgage Keeps the seller personally liable for the loan,
although it remains with the property after the
sale
A contract to sell real property that Bond for Deed
required the purchase price to be
paid in installments and title is to be
delivered to the buyer only after a
stipulated sum has been paid or the
term is met
If a property is sold by the lessor Purchaser, a tenant is can not sue the purchaser
during the term of the lease, the for the deposit if they go bankrupt
deposit should be turned over to
the
,Death of a usufructuary, or if the it will terminate
object of the usufruct is destroyed,
will have what effect on a usufruct
Lack of legal capacity makes the Relatively Null
contract
All persons have legal capacity to Persons denied of reason at the time of contract
contract except Interdicts
Unemancipated minors
A contract in which the party who Unilateral Contract
accepts an obligation of the other
does not assume a reciprocal
obligation is called an
(nothing in return)
An offer with a termination date for Irrevocable
the offer in Louisiana is said to be
For a lessee to get a security Do nothing, the lessor is required to return the
deposit back, he must: deposit within 30 days of the end of the lease
If a contract is an earnest money Neither party can sue for specific performance
contract then or other damages
What does not required to perfect Constructive notice of the sale (making it public)
a sale in Louisiana
What are the requirements to The Price
perfect a sale in Louisiana What is being sold
Consent of the parties
,If two or more persons own the Undivided Interest
same piece of property, each has
an undivided share, this is referred
to as an
A nonfarm lease that has expired s one week, must give 10 days notice to vacate
presumed to have been continued
for another month if the tenant
holds over without opposition for
how long
Acceptance of an irrevocable offer When the offer is signed and received by the
under offeror
When a contract is an earnest Neither party can sue for specific performance
money contract
A vendor who wishes to keep a life Prepare a conveyance and reserve the right of
interest and convey the remainder usufruct
to a relative may best do this by
In Louisiana, the closest term to Cause
consideration is
An offer that specifies a time for Irrevocable during that time
acceptance is
A seller recently received $40,000 Lesion Beyond Moiety
for a house worth $100,000. He
would have 1 year to claim:
Upon death of a spouse, the Usufruct over the community property
surviving spouse must be given
, A foreclosure may be followed by a Foreclosure with appraisement
deficiency judgement only if there
is a
The buyer in a contract is called the Vendee
The seller in a contract is called the Vendor
A charge on one property for the a predial servitude
benefit of another property is
When the performance of the commutative contract
obligation of each party is
correlative to the performance of
the other this is called a
The act of Redhibition is not The defects were declared to the buyer before
available if or at the time of the sale
If the defects were apparent or could have been
discovered by reasonable inspection
The buyer knew of the defects
An offer that specifies no time for Be revoked before it is accepted
acceptance or if the offeror has not
manifested an intent to give the
offeree a delay, the offer may
The donation of property while Donation Inter Vivos
living is called
A lawsuit base don lesion beyond one year
moiety must be filed within
When one party is obligated for the Gratuitous contract
benefit of the other, but receives no
return advantage this is called a
Correct Answers 2026 latest update!!
Save
Terms in this set (324)
Gross Living Area Total area under one roof;
When Land is expropriated by the Just compensations as well as other expenses
state, the landowner may expect such as moving
compensation as:
Buying subject to a mortgage Keeps the seller personally liable for the loan,
although it remains with the property after the
sale
A contract to sell real property that Bond for Deed
required the purchase price to be
paid in installments and title is to be
delivered to the buyer only after a
stipulated sum has been paid or the
term is met
If a property is sold by the lessor Purchaser, a tenant is can not sue the purchaser
during the term of the lease, the for the deposit if they go bankrupt
deposit should be turned over to
the
,Death of a usufructuary, or if the it will terminate
object of the usufruct is destroyed,
will have what effect on a usufruct
Lack of legal capacity makes the Relatively Null
contract
All persons have legal capacity to Persons denied of reason at the time of contract
contract except Interdicts
Unemancipated minors
A contract in which the party who Unilateral Contract
accepts an obligation of the other
does not assume a reciprocal
obligation is called an
(nothing in return)
An offer with a termination date for Irrevocable
the offer in Louisiana is said to be
For a lessee to get a security Do nothing, the lessor is required to return the
deposit back, he must: deposit within 30 days of the end of the lease
If a contract is an earnest money Neither party can sue for specific performance
contract then or other damages
What does not required to perfect Constructive notice of the sale (making it public)
a sale in Louisiana
What are the requirements to The Price
perfect a sale in Louisiana What is being sold
Consent of the parties
,If two or more persons own the Undivided Interest
same piece of property, each has
an undivided share, this is referred
to as an
A nonfarm lease that has expired s one week, must give 10 days notice to vacate
presumed to have been continued
for another month if the tenant
holds over without opposition for
how long
Acceptance of an irrevocable offer When the offer is signed and received by the
under offeror
When a contract is an earnest Neither party can sue for specific performance
money contract
A vendor who wishes to keep a life Prepare a conveyance and reserve the right of
interest and convey the remainder usufruct
to a relative may best do this by
In Louisiana, the closest term to Cause
consideration is
An offer that specifies a time for Irrevocable during that time
acceptance is
A seller recently received $40,000 Lesion Beyond Moiety
for a house worth $100,000. He
would have 1 year to claim:
Upon death of a spouse, the Usufruct over the community property
surviving spouse must be given
, A foreclosure may be followed by a Foreclosure with appraisement
deficiency judgement only if there
is a
The buyer in a contract is called the Vendee
The seller in a contract is called the Vendor
A charge on one property for the a predial servitude
benefit of another property is
When the performance of the commutative contract
obligation of each party is
correlative to the performance of
the other this is called a
The act of Redhibition is not The defects were declared to the buyer before
available if or at the time of the sale
If the defects were apparent or could have been
discovered by reasonable inspection
The buyer knew of the defects
An offer that specifies no time for Be revoked before it is accepted
acceptance or if the offeror has not
manifested an intent to give the
offeree a delay, the offer may
The donation of property while Donation Inter Vivos
living is called
A lawsuit base don lesion beyond one year
moiety must be filed within
When one party is obligated for the Gratuitous contract
benefit of the other, but receives no
return advantage this is called a
