Louisiana Statutes
§ 9:5384 — Assumption of a mortgage on immovable property by a third person
Louisiana § 9:5384
JurisdictionLouisiana
Title 9Civil Code-Ancillaries
This text of Louisiana § 9:5384 (Assumption of a mortgage on immovable property by a third person) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
La. Stat. Ann. § 9:5384 (2026).
Text
An original vendor's privilege or first mortgage, or both, is not extinguished nor is its ranking subordinated to any other mortgage, lien, privilege, or encumbrance when the obligation it secures is assumed by a new obligor, notwithstanding the release of the original obligor.
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Legislative History
Added by Acts 1980, No. 585, §1.
Nearby Sections
15
§ 9:5301
§ 9:5301§ 9:5305
Paraph unnecessary; proviso§ 9:5321
§ 9:5321§ 9:5324
Schedule of penalties§ 9:5325
Exclusions§ 9:5351
§ 9:5351Cite This Page — Counsel Stack
Bluebook (online)
Louisiana § 9:5384, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/9%3A5384.