Louisiana Notary - Chapter 9 Newest 2024 Actual Exam 51 Questions And Correct Detailed Answers (Verified Asnwers) |Already Graded A+

Louisiana Notary - Chapter 9 NEWEST 2024 ACTUAL EXAM 51 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ASNWERS) |ALREADY GRADED A+ Servitude - ANSWER-A charge or burden upon a thing, usually an immovable, for the benefit of a person or another estate Types of servitudes - ANSWER-Personal or predial Personal servitude - ANSWER-is a charge on a thing for the benefit of a particular personal that terminates with his life Predial servitude - ANSWER-is a charge on a thing for the benefit of the owner of another thing. it does not terminate with the death of the owner of the thing in whose favor the servitude runs but extends to any owner, whether the original or successor Types of personal servitude - ANSWER-usufruct, habitation, and right of use Usufruct - ANSWER-a right of limited duration on the property of another. Incorporeal, and can be movable or immovable according to the thing that is burdened by usufruct Usufructuary - ANSWER-the person whom usufruct is granted Can a usufructuary sell, donate, lease or encumber is right - ANSWER-Yes Can a naked owner sell or donate his naked ownership - ANSWER-Yes, as long as the usufructuary's right are not affected Art 616/617 - Sale of property/Proceeds of Insurance - ANSWER-When the usufructary sells or otherwise disposes of the property, or if it is destroyed, the usufruct transfers to the proceeds derived from the sale of insurance Art 536 - Consumable things - ANSWER-Consumable things are those that cannot be used without being expended or consumed, or without their substance being changed, such as money, harvested agricultural products, stocks or merchandise, foodstuff, and beverages.