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LOUISIANA NOTARY NEWEST EXAM 2024
COMPLETE 200 ACTUAL QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED
ASNWERS) GRADED A+
Partition - Correct Answer - Legal procedure to divide the co-owners' interests in real property
Juridical person - Correct Answer - An entity to which the law attributes legal personality, such as a corporation.
Family - Correct Answer - signifies father, mother and children; depending on the subject can include all individuals who live under the authority of another, including servants; the term is also used to include relations that descend from a common root
Heritable - Correct Answer - capable of being transferred by voluntary action or succession
Predial and Personal - Correct Answer - Two types of servitude
Nominate contract - Correct Answer - A contract given a name or special designation (sale, lease, loan, deposit suretyship)
Capacity - Correct Answer - legal qualification includes age, parties, unless emancipated, must be 18 to contract. Witnesses to most instruments must be 14; for wills 16
Good faith - Correct Answer - if a party has no knowledge of or has no reasonable basis for questioning the validity of a transaction 1 / 2
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Presumption of ownership - Correct Answer - Possessor of a corporeal movable is presumed to be its owner
Prescription - Correct Answer - time; occurring over time
Diminution - Correct Answer - lessening; reduction in size
Lesion - Correct Answer - lesion beyond moiety: sale of an immovable may be
rescinded for lesion when price is less than 1/2 of fair market value
acquisitive prescription - Correct Answer - A mode of acquiring ownership of other real rights by uninterrupted possession for a period of time.
Redhibitory - Correct Answer - A situation where it is possible to annul a sale, with the return by the buyer of the article sold, on account of some defect
Affirmative Servitude - Correct Answer - give a right to the owner of the dominant estate to do some act upon the servient estate, such as a right of way or drainage
Negative Servitude - Correct Answer - One that prohibits the owner if the servient estate from doing some act upon his estate that will benefit the dominant estate in some way.
Apparent Servitude - Correct Answer - Those that are perceivable by exterior signs, works, or constructions such as a roadway, a window in a common wall or an aqueduct
Nonapparent Servitude - Correct Answer - Those that have no exterior sign of their existence; such as the prohibition of building on an estate or of building above a particular height
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