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Notary's statement placed on the face of a document to
identify and connect it with another's instrument passed
before the notary. - ANSWER-Paraph
Where is a paraph is most commonly made on? - ANSWER-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? -
ANSWER-"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? - ANSWER-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. - ANSWER-Partition
Predial Servitude on Mortgaged Property? - ANSWER-Yes
If a predial servitude substantially impairs a mortgaed
property... - ANSWER-the mortgagee has a right to demand
payment of debt in full
A property sold to enforce a mortgage is sold___ of predial
servitude - ANSWER-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. - ANSWER-No one should be compelled to hold
property in indivision with another.
What excludes the right to partion? - ANSWER-If it had been
agreed upon in the contract of no partition or by law.
When is partition excluded by law? - ANSWER-If partitioning
the land substantially takes from the value of the other
portions and renders them of no use.