LOUISIANA REAL ESTATE FINAL PAPER 2025/2026 QUESTIONS
WITH ANSWERS GUARANTEE A+
✔✔Predial servitudes - ✔✔Is an easement in common-law: a charge on one property
called the servient estate for the benefit of the other property called the dominant estate
✔✔Predial servitude requirements - ✔✔There must be two pieces of land involved
✔✔PERSONAL servitude - ✔✔It is only one piece of property or land and a person or
company is granted a personal servitude to access the property
✔✔There are three kinds of Predial servitudes - ✔✔Natural, legal and conventional
✔✔Natural Predial servitudes are... - ✔✔Created by nature, so you couldn't build the
dam on it for instance.
✔✔Legal predial servitudes - ✔✔Are created by law to protect the general public
✔✔Conventional predial servitude - ✔✔Created by contract between parties
✔✔With regard to building restrictions liberative prescription - ✔✔Take place after two
years of noticeable violation at which point the restriction is terminated
✔✔Homestead is - ✔✔Where you live and can be up to 200 acres or 5 acres in urban
settings exempt up to $35,000 from creditors and you may waive this exemption in
writing
✔✔Coownership with Undivided interest: is when - ✔✔Two or more persons own the
same thing. The shares can be equal or unequal and each owner may exercise all
rights of ownership of his undivided interest without consent or knowledge of his co-
owners
✔✔With community property - ✔✔Both spouses should sign all documents, after three
years decisions of one are binding as community, the spouse has three years to
renounce what was done, things in possession are presumed to be community until
proved to be separate things acquired during marriage by either spouse our community
✔✔How community property is created or modified - ✔✔Is legally or contractually
✔✔The community of acquets and gains - ✔✔Property classified as community or
separate
✔✔Caveat - ✔✔Written warning, get a lawyer
, ✔✔Caveat emptor - ✔✔Buyers beware
✔✔Separate property is when a spouse owns something exclusivelyit is not community
property - ✔✔It can be acquired before the marriage, inherited by the spouse, received
by gift, bought out of separate funds ,created by partition of the community or a contract
between parties
✔✔Partnerships - ✔✔Created by registry with the Secretary of State a legal person
separate and distinct from its partners
✔✔Corporations - ✔✔Created by written contract
✔✔Condominiums - ✔✔Condominiums are governed by the Louisiana condominium act
✔✔Donation inter vivos - ✔✔Between living people the giving of property while the
donor is still alive
✔✔Gratuitous - ✔✔A gift with no requirements on the Donee
✔✔Onerous - ✔✔A gift with strings attached to the donation a restriction
✔✔Remunerative - ✔✔I donation made to repay the downy for services rendered like
donating money to a Doctor Who cured cancer
✔✔Seizin - ✔✔The legal fact that the person that inherits, is the owner at the moment of
a persons death
✔✔Succession - ✔✔The transmission of the estate by descendent to successors
✔✔Legatees - ✔✔Testate (with the will) Successors
✔✔Successors - ✔✔Those who inherit
✔✔Heirs - ✔✔Intestate or those without a will but still receive
✔✔Donation mortis causa - ✔✔Donation because of death (will)
✔✔Testate successions - ✔✔Leaving a will (testate means with a will and succession is
the transmission of an estate)
✔✔Successor - ✔✔Called a Legatee in Louisiana
WITH ANSWERS GUARANTEE A+
✔✔Predial servitudes - ✔✔Is an easement in common-law: a charge on one property
called the servient estate for the benefit of the other property called the dominant estate
✔✔Predial servitude requirements - ✔✔There must be two pieces of land involved
✔✔PERSONAL servitude - ✔✔It is only one piece of property or land and a person or
company is granted a personal servitude to access the property
✔✔There are three kinds of Predial servitudes - ✔✔Natural, legal and conventional
✔✔Natural Predial servitudes are... - ✔✔Created by nature, so you couldn't build the
dam on it for instance.
✔✔Legal predial servitudes - ✔✔Are created by law to protect the general public
✔✔Conventional predial servitude - ✔✔Created by contract between parties
✔✔With regard to building restrictions liberative prescription - ✔✔Take place after two
years of noticeable violation at which point the restriction is terminated
✔✔Homestead is - ✔✔Where you live and can be up to 200 acres or 5 acres in urban
settings exempt up to $35,000 from creditors and you may waive this exemption in
writing
✔✔Coownership with Undivided interest: is when - ✔✔Two or more persons own the
same thing. The shares can be equal or unequal and each owner may exercise all
rights of ownership of his undivided interest without consent or knowledge of his co-
owners
✔✔With community property - ✔✔Both spouses should sign all documents, after three
years decisions of one are binding as community, the spouse has three years to
renounce what was done, things in possession are presumed to be community until
proved to be separate things acquired during marriage by either spouse our community
✔✔How community property is created or modified - ✔✔Is legally or contractually
✔✔The community of acquets and gains - ✔✔Property classified as community or
separate
✔✔Caveat - ✔✔Written warning, get a lawyer
, ✔✔Caveat emptor - ✔✔Buyers beware
✔✔Separate property is when a spouse owns something exclusivelyit is not community
property - ✔✔It can be acquired before the marriage, inherited by the spouse, received
by gift, bought out of separate funds ,created by partition of the community or a contract
between parties
✔✔Partnerships - ✔✔Created by registry with the Secretary of State a legal person
separate and distinct from its partners
✔✔Corporations - ✔✔Created by written contract
✔✔Condominiums - ✔✔Condominiums are governed by the Louisiana condominium act
✔✔Donation inter vivos - ✔✔Between living people the giving of property while the
donor is still alive
✔✔Gratuitous - ✔✔A gift with no requirements on the Donee
✔✔Onerous - ✔✔A gift with strings attached to the donation a restriction
✔✔Remunerative - ✔✔I donation made to repay the downy for services rendered like
donating money to a Doctor Who cured cancer
✔✔Seizin - ✔✔The legal fact that the person that inherits, is the owner at the moment of
a persons death
✔✔Succession - ✔✔The transmission of the estate by descendent to successors
✔✔Legatees - ✔✔Testate (with the will) Successors
✔✔Successors - ✔✔Those who inherit
✔✔Heirs - ✔✔Intestate or those without a will but still receive
✔✔Donation mortis causa - ✔✔Donation because of death (will)
✔✔Testate successions - ✔✔Leaving a will (testate means with a will and succession is
the transmission of an estate)
✔✔Successor - ✔✔Called a Legatee in Louisiana
