Louisiana Law of Security Devices - A Precis (2011)

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 proprty
 €   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
 €   The Louisiana Private Works Act, governing matrialmen'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 practitioner
 €   Warnings of potential traps for the unwary in drafting and negotiating lending documents