§ 13:4941 Purchasers who may protect themselves from eviction by monition
§ 13:4942 Publication of monition; contents
§ 13:4943 Contents of monition; description of property
§ 13:4944 Grant of monition
§ 13:4945 Judgment confirming or annulling sale
§ 13:4946 Conclusiveness of judgment
§ 13:4947 Judgment as res judicata; bar of claims; conclusive proof
§ 13:4948 Sale not validated when party not duly cited; recourse by minors on tutors
§ 13:4949 Costs
§ 13:4950 Time for payment by purchaser

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Terms Used In Louisiana Revised Statutes > Title 13 > Chapter 32 > Part IX - Monitions and Proceedings Thereon

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • 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.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.