Louisiana Codes > Civil Code > PRELIMINARY TITLE > Title XXII > Chapter 5 – Third Possessors
Current as of: 2023 | Check for updates
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Other versions
§ 3315 | Third possessor defined |
§ 3316 | Liability of third possessor |
§ 3317 | Rights of third possessor |
§ 3318 | Right of third possessor for costs of improvements |
Terms Used In Louisiana Codes > Civil Code > PRELIMINARY TITLE > Title XXII > Chapter 5 - Third Possessors
- Contract: A legal written agreement that becomes binding when signed.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Department: means the Louisiana Department of Children and Family Services. See Louisiana Children's Code 1281.3
- Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
- 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.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.