Louisiana Notary Practice Exam questions with complete solutions
Louisiana Notary Practice Exam questions with complete solutions Notary's statement placed on the face of a document to identify and connect it with another's instrument passed before the notary. - ANSWER Paraph Where is a paraph is most commonly made on? - ANSWER A promissory note to identify it with a mortgage, priviledge, or other security device. What is an example form of a recitation of a paraph? - ANSWER "And I, the undersigned Notary Public, paraphed the Note "Ne Varietur" for identification with this Sale with Mortgage and delivered the note to the Seller who acknowledges receipt thereof." What is included in a paraph? - ANSWER 1. Name of the act 2. date the act was passed 3. signature of the notary The division of property owned in common into distinct physical shares. - ANSWER Partition Predial Servitude on Mortgaged Property? - ANSWER Yes If a predial servitude substantially impairs a mortgaed property... - ANSWER the mortgagee has a right to demand payment of debt in full A property sold to enforce a mortgage is sold___ of predial servitude - ANSWER Free(Note the user of servitude can take action against Issuer of the servitude) What strong public policy is fundamental to the concept of partition. - ANSWER No one should be compelled to hold property in indivision with another. What excludes the right to partion? - ANSWE
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