Louisiana Title Insurance Exam | Newest
Questions and Answers | Updated 2026 |
Complete Review
• When Land is expropriated by the state, the landowner may expect compensation
as: -✓✓ Just compensations as well as other expenses such as moving
• 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 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 -✓✓ 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 -✓✓ 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 -✓✓ it will terminate
• Lack of legal capacity makes the contract -✓✓ Relatively Null
• All persons have legal capacity to contract except -✓✓ 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) -✓✓ Unilateral Contract
• An offer with a termination date for the offer in Louisiana is said to be -✓✓
Irrevocable
• For a lessee to get a security deposit back, he must: -✓✓ 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 -✓✓ Neither party can sue for
specific performance or other damages
• What does not required to perfect a sale in Louisiana -✓✓ Constructive notice of
the sale (making it public)
• What are the requirements to perfect a sale in Louisiana -✓✓ 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 -✓✓ 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 -✓✓ one week,
must give 10 days notice to vacate
,• Acceptance of an irrevocable offer under -✓✓ When the offer is signed and
received by the offeror
• When a contract is an earnest money contract -✓✓ 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 -✓✓ Prepare a conveyance and reserve the right of
usufruct
• In Louisiana, the closest term to consideration is -✓✓ Cause
• An offer that specifies a time for acceptance is -✓✓ Irrevocable during that time
• A seller recently received $40,000 for a house worth $100,000. He would have 1
year to claim: -✓✓ Lesion Beyond Moiety
• Upon death of a spouse, the surviving spouse must be given -✓✓ Usufruct over
the community property
• A foreclosure may be followed by a deficiency judgement only if there is a -✓✓
Foreclosure with appraisement
• 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 benefit of another property is -✓✓ a predial
servitude
• When the performance of the obligation of each party is correlative to the
performance of the other this is called a -✓✓ commutative contract
• The act of Redhibition is not available if -✓✓ 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 -✓✓ Be revoked before it is
accepted
• The donation of property while living is called -✓✓ Donation Inter Vivos
• A lawsuit base don lesion beyond moiety must be filed within -✓✓ one year
• When one party is obligated for the benefit of the other, but receives no return
advantage this is called a -✓✓ Gratuitous contract
• The violent Crime Control and Law Enforcement Act requires who to get
permission from the Commissioner before they can get an insurance license -✓✓
Convicted felons
Questions and Answers | Updated 2026 |
Complete Review
• When Land is expropriated by the state, the landowner may expect compensation
as: -✓✓ Just compensations as well as other expenses such as moving
• 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 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 -✓✓ 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 -✓✓ 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 -✓✓ it will terminate
• Lack of legal capacity makes the contract -✓✓ Relatively Null
• All persons have legal capacity to contract except -✓✓ 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) -✓✓ Unilateral Contract
• An offer with a termination date for the offer in Louisiana is said to be -✓✓
Irrevocable
• For a lessee to get a security deposit back, he must: -✓✓ 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 -✓✓ Neither party can sue for
specific performance or other damages
• What does not required to perfect a sale in Louisiana -✓✓ Constructive notice of
the sale (making it public)
• What are the requirements to perfect a sale in Louisiana -✓✓ 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 -✓✓ 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 -✓✓ one week,
must give 10 days notice to vacate
,• Acceptance of an irrevocable offer under -✓✓ When the offer is signed and
received by the offeror
• When a contract is an earnest money contract -✓✓ 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 -✓✓ Prepare a conveyance and reserve the right of
usufruct
• In Louisiana, the closest term to consideration is -✓✓ Cause
• An offer that specifies a time for acceptance is -✓✓ Irrevocable during that time
• A seller recently received $40,000 for a house worth $100,000. He would have 1
year to claim: -✓✓ Lesion Beyond Moiety
• Upon death of a spouse, the surviving spouse must be given -✓✓ Usufruct over
the community property
• A foreclosure may be followed by a deficiency judgement only if there is a -✓✓
Foreclosure with appraisement
• 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 benefit of another property is -✓✓ a predial
servitude
• When the performance of the obligation of each party is correlative to the
performance of the other this is called a -✓✓ commutative contract
• The act of Redhibition is not available if -✓✓ 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 -✓✓ Be revoked before it is
accepted
• The donation of property while living is called -✓✓ Donation Inter Vivos
• A lawsuit base don lesion beyond moiety must be filed within -✓✓ one year
• When one party is obligated for the benefit of the other, but receives no return
advantage this is called a -✓✓ Gratuitous contract
• The violent Crime Control and Law Enforcement Act requires who to get
permission from the Commissioner before they can get an insurance license -✓✓
Convicted felons
