Louisiana Code of Civil Procedure 2335 – Superior mortgage or privilege
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Louisiana Code of Civil Procedure 2335
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
The sheriff shall announce that the property is to be sold for cash subject to any security interest, mortgage, lien, or privilege thereon superior to that of the seizing creditor.
Acts 1989, No. 137, §18, eff. Sept. 1, 1989.