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Louisiana Notary Prep exam questions and 100% correct answers| Latest

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Louisiana Notary Prep exam questions and 100% correct answers| Latest abstract history of the title to property as revealed by the public records acceleration clause clause used in an installment note and mortgage which gives the lender the right to demand payment in full upon the happnening of a certain event, such as failure to pay an installment by a certain date, change of ownership without the lender's consent, destruction of the property, or other event which endangers the security of the loan accession acquiring title to additions or improvements to property as a result of natural growth, labor, the annexation of fixtures or the accretion of alluvial deposits along the banks of streams accessory contract a contract is accessory when it is made to provide security for the performance of an obligation. Suretyship, mortgage, pledge, and other types of security agreements are examples of accessory contracts. acknowledged act any act or instrument in writing signed by the parties in the presence of two witnesses and then taken by the party(ies) or the witness(es) before a notary and two witnesses; the original act was signed out of the presence of the notary acknowledgement of paternity a formal written declaration whereby a person establishes himself as the natural father of a child acknowledgment a formal declaration by a party before a notary public in the presence of two witnesses by the person who signs an instrument to the effect that it is his own free and voluntary act done for the purposes therein expressed acquets and gains a civilian concept referring to the matrimonial regime of community property; acquets means all things acquired, and gains is the increase in the value of property through the skill or labor of a person, particularly a spouse acquisitive prescription a mode of acquiring ownership of other real rights by uninterrupted possession for a period of time acquittance a release, usually in writing, from an obligation act under private signature any act or instrument, in writing, signed by a person or persons not in the presence of a notary that may or may not be witnessed administor a person appointed by the court as the succession representative to manage the assets and liabilities of an intestate decedent affiant one who makes an affidavit affidavit a declaration or statement of facts personally known to the affiant reduced in writing and sworn to by the affiant before a notary; affidavit of distinction (affidavit of identification)" affidavit executed before a notary by a person providing identifying information to distinguish said person from a judgment debtor with a same or similar name and then recorded in the mortgage records of the parish where the judgment is recorded agent one authorized to act or represent another


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