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Louisiana uses which security instrument?

Correct Answer

B) Mortgages (called acts of mortgage)

Louisiana uses mortgages, called acts of mortgage.

Answer Options
A
Deed of trust
B
Mortgages (called acts of mortgage)
C
Both equally
D
Land contracts
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Related Topics & Key Terms

Related Topics:

state-specific-real-estate-lawsforeclosure-processes-by-statecivil-law-vs-common-law-property-systems

Key Terms:

act of mortgageLouisiana Civil Codecivil lawsecurity instrumentjudicial foreclosure
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