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Louisiana Partial Release by Financial Institution (La. R.S._9:5172) -_[PARTIAL RELEASE]

Category:
Louisiana Local Parish - Jefferson - District Court
State:
Louisiana
Control #:
LA-SKU-0402
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Description

Partial Release by Financial Institution (La. R.S._9:5172) -_[PARTIAL RELEASE] Louisiana Partial Release by Financial Institution (La. R.S._9:5172) -_[PARTIAL RELEASE] is a statute that allows a financial institution to partially release a debt or obligation secured by a mortgage or other lien. It allows the financial institution to release the obligation or debt partially, instead of the entire amount. This statute allows the financial institution to obtain a partial release of the lien against the property, while still retaining the underlying mortgage or lien. There are two types of Louisiana Partial Release by Financial Institution (La. R.S._9:5172) -_[PARTIAL RELEASE], one is a Partial Release of Debt and the other is a Partial Release of Mortgage. A Partial Release of Debt allows the financial institution to release a certain portion of the debt and a Partial Release of Mortgage allows the financial institution to release a certain portion of the lien against the property.

Louisiana Partial Release by Financial Institution (La. R.S._9:5172) -_[PARTIAL RELEASE] is a statute that allows a financial institution to partially release a debt or obligation secured by a mortgage or other lien. It allows the financial institution to release the obligation or debt partially, instead of the entire amount. This statute allows the financial institution to obtain a partial release of the lien against the property, while still retaining the underlying mortgage or lien. There are two types of Louisiana Partial Release by Financial Institution (La. R.S._9:5172) -_[PARTIAL RELEASE], one is a Partial Release of Debt and the other is a Partial Release of Mortgage. A Partial Release of Debt allows the financial institution to release a certain portion of the debt and a Partial Release of Mortgage allows the financial institution to release a certain portion of the lien against the property.

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Louisiana Partial Release by Financial Institution (La. R.S._9:5172) -_[PARTIAL RELEASE]
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