Louisiana Revised Statutes 13:4367 – Purchaser; release from liens; cancellation of inscriptions
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Terms Used In Louisiana Revised Statutes 13:4367
- Lien: A claim against real or personal property in satisfaction of a debt.
The sheriff shall give the purchaser of any property sold in any proceeding to enforce the liens and privileges enumerated in La. Rev. Stat. 9:4821(A)(1) a release from: (1) the lien or privilege of the seizing creditor; (2) all concurrent liens and privileges enumerated in La. Rev. Stat. 9:4821(A)(1); (3) all inferior liens, privileges, security interests, mortgages, and judgments; and (4) all liens in accordance with La. Rev. Stat. 47:1993(G). The sheriff shall also direct the recorder of mortgages or proper filing officer to cancel any inscriptions affecting the property sold.
Acts 2004, No. 209, §2, eff. June 14, 2004.