Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Exam (elaborations)

Louisiana Title Insurance EXAM Questions and Correct Answers/ Latest Update / Already Graded

Rating
-
Sold
-
Pages
47
Grade
A+
Uploaded on
04-07-2025
Written in
2024/2025

Louisiana Title Insurance EXAM Questions and Correct Answers/ Latest Update / Already Graded

Institution
Title Insurance
Course
Title insurance

Content preview

1 | Page


Louisiana Title Insurance EXAM Questions and
Correct Answers/ Latest Update / Already Graded
Gross Living Area

Ans: Total area under one roof;


When Land is expropriated by the state, the landowner may expect
compensation as:

Ans: Just compensations as well as other expenses such as moving


Buying subject to a mortgage

Ans: 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

Ans: 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

Ans: 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

Ans: it will terminate




© 2025/ 2026 | ® All rights reserved

, 2 | Page

Lack of legal capacity makes the contract

Ans: Relatively Null


All persons have legal capacity to contract except

Ans: 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)

Ans: Unilateral Contract


An offer with a termination date for the offer in Louisiana is said to be

Ans: Irrevocable


For a lessee to get a security deposit back, he must:

Ans: 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

Ans: Neither party can sue for specific performance or other damages


What does not required to perfect a sale in Louisiana

Ans: Constructive notice of the sale (making it public)




© 2025/ 2026 | ® All rights reserved

, 3 | Page

What are the requirements to perfect a sale in Louisiana

Ans: 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

Ans: 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

Ans: one week, must give 10 days notice to vacate


Acceptance of an irrevocable offer under

Ans: When the offer is signed and received by the offeror


When a contract is an earnest money contract

Ans: 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

Ans: Prepare a conveyance and reserve the right of usufruct


In Louisiana, the closest term to consideration is

Ans: Cause


An offer that specifies a time for acceptance is


© 2025/ 2026 | ® All rights reserved

, 4 | Page

Ans: Irrevocable during that time


A seller recently received $40,000 for a house worth $100,000. He would have 1
year to claim:

Ans: Lesion Beyond Moiety


Upon death of a spouse, the surviving spouse must be given

Ans: Usufruct over the community property


A foreclosure may be followed by a deficiency judgement only if there is a

Ans: Foreclosure with appraisement


The buyer in a contract is called the

Ans: Vendee


The seller in a contract is called the

Ans: Vendor


A charge on one property for the benefit of another property is

Ans: a predial servitude


When the performance of the obligation of each party is correlative to the
performance of the other this is called a

Ans: commutative contract


The act of Redhibition is not available if



© 2025/ 2026 | ® All rights reserved

Written for

Institution
Title insurance
Course
Title insurance

Document information

Uploaded on
July 4, 2025
Number of pages
47
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

$22.49
Get access to the full document:

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
AcademicsExcellence Chamberlain College Of Nursing
Follow You need to be logged in order to follow users or courses
Sold
178
Member since
1 year
Number of followers
27
Documents
7278
Last sold
6 hours ago
Academic Excellence | Study Guides & Solutions

Dear Students, We have vast range of test banks and solution manuals of all topics, If you need any solution manual, testbank for testbooks do contact us anytime, save your time and effort and let you definitely understand what you are studying and get an amazing marks as well. Contact us 24/7 :

4.3

324 reviews

5
208
4
40
3
60
2
7
1
9

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions