Louisiana Notary Study guides, Class notes & Summaries

Chapter 1 - 5 Louisiana Notary Guide EXAM NEWEST 2024 ACTUAL EXAM 247 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ASNWERS) |ALREADY GRADED A+ Common function of Notaries - ANSWER-a) perform quasi public functions b) confer authenticity c) provide documents with a fixed date d) determine marketability of title of land Concepts of Notary as a Public Official - ANSWER-a) charged w/ establishing dates on which those acts were executed b) preserving those acts in their custody c) i...

Louisiana Notary EXAM NEWEST 2024 ACTUAL EXAM 455 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ASNWERS) |ALREADY GRADED A+ Civil Law - ANSWER-Legal system originating in Europe intellectualized within the frame work of Roman Law and whose most prevalent feature is that its core principles are codified into a referable system which serves as the primary source of law. Common Law - ANSWER-Also known as case law or precedent. Law is developed by judges through court decisions and sim...

Common law - Correct Answer Used in all states except Louisiana and based on English law Civil law - Correct Answer Louisiana law derived from French laws Ownership - Correct Answer A real right. The rights that confers authority over a thing subject to other provisions of law and cannot be lost due to non use Co-ownership - Correct Answer Two or more persons may own the same thing, each having an his own specific part of the whole. They are no longer owners in indivision. Can sell sepa...

Notary's statement placed on the face of a document to identify and connect it with another's instrument passed before the notary. - ANSWER-Paraph Where is a paraph is most commonly made on? - ANSWER-A promissory note to identify it with a mortgage, priviledge, or other security device. What is an example form of a recitation of a paraph? - ANSWER-"And I, the undersigned Notary Public, paraphed the Note "Ne Varietur" for identification with this Sale with Mortgage and delivered the no...

Administrator - ANSWER-a person appointed by the court as the succession representative to manage the assets and liabilities of an intestate decedent; an executor Ascendant - ANSWER-One who precede in lineage; an ancestor Bequest - ANSWER-a disposition of property made by a testator Codicil - ANSWER-a common law term. An amendment, modification, supplement or addition to a will that must be in the form of a testament Collateral - ANSWER-any relation not directly in the line of ascent...

Pact de non Alienando - ANSWER-Clause contained in the mortgage or other encumbrance agreement whereby the obligor agrees not to sell, engage, alienate or mortgage the same property to other persons to the prejudice of the mortgage Corporate Resolution - ANSWER-An official written certificate of the corporations secretary that the resolution was adopted by the corporations board of directors Confession of Judgment - ANSWER-A person's agreement in a mortgage to the entry of judgment if he ...

Materialman's privilege - ANSWER-privilege to protect supplier forced portion - ANSWER-Portion testator must leave to children under 24 years of age if mentally competent and not physically infirm Ne Varietur - ANSWER-Notation which is part of a paraph naked owner - ANSWER-owner of property burdened with us usufruct inventory - ANSWER-notaries can engage in this activity heritable - ANSWER-transferable guardian - ANSWER-legally responsible for care /mgmt of property if childre...

NOTARY/NOTARY PUBLIC - ANSWER-A public official in and for a parish, being appointed by the governor with the advice and consent of the Senate after meeting the requirements set forth in Title 35 of La. Revised Statutes. The duties and function of the notary public in La. are established by statute, La. R.S. 35.1 et seq. NOTARY DE JURE - ANSWER-One who holds office pursuant to the requirements of the law. (every procedure is correct) NON-NOTARY ATTORNEY - ANSWER-A notary who is not an atto...

A notary is convicted of misdemeanor assault from a bar fight (committed on a day off from working as a mobile notary). She is sentenced to one month of home confinement. After serving this sentence, will the notary be subject to suspension? - ANSWER-C. No, because crimes unrelated to the notarial function must amount to a felony before suspension or revocation os warranted. Though some non-felony crimes that relate to notary practice could be grounds for suspension (Fundamentals pg. 52-53), ...

Pact de non Alienando - ANSWER-Clause contained in the mortgage or other encumbrance agreement whereby the obligor agrees not to sell, engage, alienate or mortgage the same property to other persons to the prejudice of the mortgage Corporate Resolution - ANSWER-An official written certificate of the corporations secretary that the resolution was adopted by the corporations board of directors Confession of Judgment - ANSWER-A person's agreement in a mortgage to the entry of judgment if he ...