Louisiana TiTLe insurance eXaM FinaL eXaM neWesT 2026 acTuaL
eXaM QuesTions anD correcT ansWers (VeriFieD) | LaTesT
uPDaTe 2026/2027 | GraDeD a+ | BranD neW | 100% GuaranTeeD
Pass
Gross Living Area - ANSWER-Total area under one roof;
When Land is expropriated by the state, the landowner may expect compensation as: - ANSWER-
Just compensations as well as other expenses such as moving
Buying subject to a mortgage - ANSWER-Keeps the seller personally liable for the loan, although
it remains with the property after the sale
A contract to sell real property that 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 -
ANSWER-Bond for Deed
If a property is sold by the lessor during the term of the lease, the deposit should be turned over
to the - ANSWER-Purchaser, a tenant is can not sue the purchaser for the deposit if they go
bankrupt
Death of a usufructuary, or if the object of the usufruct is destroyed, will have what effect on a
usufruct - ANSWER-it will terminate
Lack of legal capacity makes the contract - ANSWER-Relatively Null
All persons have legal capacity to contract except - ANSWER-Persons denied of reason at the
time of contract
Interdicts
Unemancipated minors
A contract in which the party who accepts an obligation of the other does not assume a
reciprocal obligation is called an
,(nothing in return) - ANSWER-Unilateral Contract
An offer with a termination date for the offer in Louisiana is said to be - ANSWER-Irrevocable
For a lessee to get a security deposit back, he must: - ANSWER-Do nothing, the lessor is
required to return the deposit within 30 days of the end of the lease
If a contract is an earnest money contract then - ANSWER-Neither party can sue for specific
performance or other damages
What does not required to perfect a sale in Louisiana - ANSWER-Constructive notice of the sale
(making it public)
What are the requirements to perfect a sale in Louisiana - ANSWER-The Price
What is being sold
Consent of the parties
If two or more persons own the same piece of property, each has an undivided share, this is
referred to as an - ANSWER-Undivided Interest
A nonfarm lease that has expired s presumed to have been continued for another month if the
tenant holds over without opposition for how long - ANSWER-one week, must give 10 days notice
to vacate
Acceptance of an irrevocable offer under - ANSWER-When the offer is signed and received by
the offeror
When a contract is an earnest money contract - ANSWER-Neither party can sue for specific
performance
A vendor who wishes to keep a life interest and convey the remainder to a relative may best do
this by - ANSWER-Prepare a conveyance and reserve the right of usufruct
In Louisiana, the closest term to consideration is - ANSWER-Cause
, An offer that specifies a time for acceptance is - ANSWER-Irrevocable during that time
A seller recently received $40,000 for a house worth $100,000. He would have 1 year to claim: -
ANSWER-Lesion Beyond Moiety
Upon death of a spouse, the surviving spouse must be given - ANSWER-Usufruct over the
community property
A foreclosure may be followed by a deficiency judgement only if there is a - ANSWER-
Foreclosure with appraisement
The buyer in a contract is called the - ANSWER-Vendee
The seller in a contract is called the - ANSWER-Vendor
A charge on one property for the benefit of another property is - ANSWER-a predial servitude
When the performance of the obligation of each party is correlative to the performance of the
other this is called a - ANSWER-commutative contract
The act of Redhibition is not available if - ANSWER-The defects were declared to the buyer
before 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 acceptance or if the offeror has not manifested an intent to
give the offeree a delay, the offer may - ANSWER-Be revoked before it is accepted
The donation of property while living is called - ANSWER-Donation Inter Vivos
A lawsuit base don lesion beyond moiety must be filed within - ANSWER-one year
When one party is obligated for the benefit of the other, but receives no return advantage this is
called a - ANSWER-Gratuitous contract
eXaM QuesTions anD correcT ansWers (VeriFieD) | LaTesT
uPDaTe 2026/2027 | GraDeD a+ | BranD neW | 100% GuaranTeeD
Pass
Gross Living Area - ANSWER-Total area under one roof;
When Land is expropriated by the state, the landowner may expect compensation as: - ANSWER-
Just compensations as well as other expenses such as moving
Buying subject to a mortgage - ANSWER-Keeps the seller personally liable for the loan, although
it remains with the property after the sale
A contract to sell real property that 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 -
ANSWER-Bond for Deed
If a property is sold by the lessor during the term of the lease, the deposit should be turned over
to the - ANSWER-Purchaser, a tenant is can not sue the purchaser for the deposit if they go
bankrupt
Death of a usufructuary, or if the object of the usufruct is destroyed, will have what effect on a
usufruct - ANSWER-it will terminate
Lack of legal capacity makes the contract - ANSWER-Relatively Null
All persons have legal capacity to contract except - ANSWER-Persons denied of reason at the
time of contract
Interdicts
Unemancipated minors
A contract in which the party who accepts an obligation of the other does not assume a
reciprocal obligation is called an
,(nothing in return) - ANSWER-Unilateral Contract
An offer with a termination date for the offer in Louisiana is said to be - ANSWER-Irrevocable
For a lessee to get a security deposit back, he must: - ANSWER-Do nothing, the lessor is
required to return the deposit within 30 days of the end of the lease
If a contract is an earnest money contract then - ANSWER-Neither party can sue for specific
performance or other damages
What does not required to perfect a sale in Louisiana - ANSWER-Constructive notice of the sale
(making it public)
What are the requirements to perfect a sale in Louisiana - ANSWER-The Price
What is being sold
Consent of the parties
If two or more persons own the same piece of property, each has an undivided share, this is
referred to as an - ANSWER-Undivided Interest
A nonfarm lease that has expired s presumed to have been continued for another month if the
tenant holds over without opposition for how long - ANSWER-one week, must give 10 days notice
to vacate
Acceptance of an irrevocable offer under - ANSWER-When the offer is signed and received by
the offeror
When a contract is an earnest money contract - ANSWER-Neither party can sue for specific
performance
A vendor who wishes to keep a life interest and convey the remainder to a relative may best do
this by - ANSWER-Prepare a conveyance and reserve the right of usufruct
In Louisiana, the closest term to consideration is - ANSWER-Cause
, An offer that specifies a time for acceptance is - ANSWER-Irrevocable during that time
A seller recently received $40,000 for a house worth $100,000. He would have 1 year to claim: -
ANSWER-Lesion Beyond Moiety
Upon death of a spouse, the surviving spouse must be given - ANSWER-Usufruct over the
community property
A foreclosure may be followed by a deficiency judgement only if there is a - ANSWER-
Foreclosure with appraisement
The buyer in a contract is called the - ANSWER-Vendee
The seller in a contract is called the - ANSWER-Vendor
A charge on one property for the benefit of another property is - ANSWER-a predial servitude
When the performance of the obligation of each party is correlative to the performance of the
other this is called a - ANSWER-commutative contract
The act of Redhibition is not available if - ANSWER-The defects were declared to the buyer
before 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 acceptance or if the offeror has not manifested an intent to
give the offeree a delay, the offer may - ANSWER-Be revoked before it is accepted
The donation of property while living is called - ANSWER-Donation Inter Vivos
A lawsuit base don lesion beyond moiety must be filed within - ANSWER-one year
When one party is obligated for the benefit of the other, but receives no return advantage this is
called a - ANSWER-Gratuitous contract
