Terms Used In Louisiana Civil Code 3302

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.

Judicial and legal mortgages burden all the property of the obligor that is made susceptible of mortgage by Paragraphs 1 through 4 of Article 3286 or that is expressly made subject to judicial or legal mortgage by other law.

Acts 1992, No. 1132, §2, eff. Jan. 1, 1993.