Louisiana Codes > Civil Code > PRELIMINARY TITLE > Title XXII > Chapter 4 – The Effect and Rank of Mortgages
Current as of: 2023 | Check for updates
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Other versions
| § 3307 | The effect and rank of mortgages |
| § 3311 | Mortgage securing several obligations |
| § 3312 | Transfer of the secured obligation |
| § 3313 | Transfer does not imply subordination |
Terms Used In Louisiana Codes > Civil Code > PRELIMINARY TITLE > Title XXII > Chapter 4 - The Effect and Rank of Mortgages
- Contract: A legal written agreement that becomes binding when signed.
- Department: means the Louisiana Department of Children and Family Services. See Louisiana Children's Code 1281.3
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
- Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.