Lexis Nexis Louisiana Law of Security Devices - A Précis
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Subscribers receive the product(s) listed on the Order Form and any Updates made available during the annual subscription period. Shipping and handling fees are not included in the annual price.
Subscribers are advised of the number of Updates that were made to the particular publication the prior year. The number of Updates may vary due to developments in the law and other publishing issues, but subscribers may use this as a rough estimate of future shipments. Subscribers may call Customer Support at 800-833-9844 for additional information.
Subscribers may cancel this subscription by: calling Customer Support at 800-833-9844; emailing customer.support@lexisnexis.com; or returning the invoice marked 'CANCEL'.
If subscribers cancel within 30 days after the product is ordered or received and return the product at their expense, then they will receive a full credit of the price for the annual subscription.
If subscribers cancel between 31 and 60 days after the invoice date and return the product at their expense, then they will receive a 5/6th credit of the price for the annual subscription. No credit will be given for cancellations more than 60 days after the invoice date. To receive any credit, subscriber must return all product(s) shipped during the year at their expense within the applicable cancellation period listed above.
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Any decision about Louisiana collateral, financing, lending, mortgages, guarantees, liens and privileges, and collection procedures must take into account that Louisiana is the only state in the nation with civil law (rather than common law). Louisiana's Civil Code, with rules that trace back to the Napoleonic Code, and related statutes are the key to understanding this area of law. The Précis series of titles provides a comprehensive view of all of these topics and more.
Areas covered by Louisiana Law of Security Devices include:
•Suretyship and guarantees, including rules pertaining to Louisiana's categories of commercial, legal, and ordinary sureties;
•Mortgage lending, including creation of mortgage, the types of Louisiana mortgages (conventional, legal and judicial), necessary provisions for a valid mortgage and desirable provisions for judicial execution on mortgages, and mortgage ranking;
•Louisiana's law of registry and public records;
•Title examination;
•The interrelationship of the U.C.C. with Louisiana mortgage laws;
•Securing interests in leases, in a rental income stream, and in leased property;
•Judicial and non-judicial foreclosure rules, including the Louisiana Deficiency Judgment Act;
•Louisiana liens and privileges, including general privileges as well as special privileges on both movable and immovable property; and
•The Louisiana Private Works Act, governing materialmen's liens.
Louisiana Law of Security Devices contains, in easy-to-understand, non-legalese language:
•A detailed discussion of all of the key Civil Code articles and other statutes
•Numerous examples of how these rules interrelate;
•Examples of how to resolve complex issues of ranking security devices
•Practical "how to" tips for practitioners; and
•Warnings of potential traps for the unwary in drafting and negotiating lending documents.
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