Terms Used In Louisiana Civil Code 498

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

One who has lost the ownership of a thing to the owner of an immovable may assert against third persons his rights under Articles 493, 493.1, 494, 495, 496, or 497 when they are evidenced by an instrument filed for registry in the appropriate conveyance or mortgage records of the parish in which the immovable is located.

Acts 1979, No. 180, §1.  Acts 1984, No. 933, §1.