Obligor Study guides, Class notes & Summaries

BAIL BONDS LOUISIANA EXAM | QUESTIONS AND ANSWERS | GRADED A+ | Acquit - ANSWER to set free:to judicially discharge from an acquisition;to clear (a person) of a criminal charge Bail Enforcement - ANSWER the apprehension or surrender of a principal by a natural person who is released on bail or who has failed to appear at and state of the proceedings to answer to the charge before the court, in which he may be prosecuted obligor - ANSWER the party who owes the duty or debt; principa...

Bail Bonds Louisiana Exam With 100% Correct Answers 2023 Acquit - Correct Answer-to set free:to judicially discharge from an acquisition;to clear (a person) of a criminal charge Bail Enforcement - Correct Answer-the apprehension or surrender of a principal by a natural person who is released on bail or who has failed to appear at and state of the proceedings to answer to the charge before the court, in which he may be prosecuted obligor - Correct Answer-the party who owes the duty or debt...

Bail Bonds Louisiana Exam Questions with Correct Answers Acquit - Answer-to set free:to judicially discharge from an acquisition;to clear (a person) of a criminal charge Bail Enforcement - Answer-the apprehension or surrender of a principal by a natural person who is released on bail or who has failed to appear at and state of the proceedings to answer to the charge before the court, in which he may be prosecuted obligor - Answer-the party who owes the duty or debt; principal; in bail,th...

Florida Bail Bonds State Exam 2023-2024 Questions and Answers 100% CorrectFlorida Bail Bonds State Exam 2023-2024 Questions and Answers 100% CorrectFlorida Bail Bonds State Exam 2023-2024 Questions and Answers 100% CorrectAppeal bond - ANSWER-When defendants feel that a trial court has made a error or to harsh of a sentence. They notify the trial court of their appeal and file appeals with a higher court. Bail bond - ANSWER-Guarantee the defendant will appear each and every time he/she is ord...

Bail Bonds Louisiana Exam Study Guide with Complete Solutions Acquit - Correct Answers to set free:to judicially discharge from an acquisition;to clear (a person) of a criminal charge Bail Enforcement - Correct Answers the apprehension or surrender of a principal by a natural person who is released on bail or who has failed to appear at and state of the proceedings to answer to the charge before the court, in which he may be prosecuted obligor - Correct Answers the party who owes the duty...

the place of appearance and the amount of the bond - ANSWER what absolute essential facts which must be shown on a bail bond contract? the surety - ANSWER which party to the bail bond makes the guarantee to the party to which an obligation is owed true - ANSWER the indemnitor reimburses the surety if the obligor fails to appear on required date

Obligation Correct Answer-A legal relationship in which a person (the obligor) becomes bound to perform in another person's (the obligee's) favor Contract Correct Answer-An agreement between two or more parties that creates, modifies, or extinguishes obligation(s) Synallagmatic/bilateral contract Correct Answer-A contract that obligates both parties Unilateral contract: A contract that only obligates one party Onerous contract: Correct Answer-A contract in which each party obtains an...

Pact de non Alienando - ANSWER-Clause contained in the mortgage or other encumbrance agreement whereby the obligor agrees not to sell, engage, alienate or mortgage the same property to other persons to the prejudice of the mortgage Corporate Resolution - ANSWER-An official written certificate of the corporations secretary that the resolution was adopted by the corporations board of directors Confession of Judgment - ANSWER-A person's agreement in a mortgage to the entry of judgment if he ...

Louisiana Notary Exam Part 1, Louisiana Notary PrepLouisiana Notary Exam Part 1, Louisiana Notary PrepLouisiana Notary Exam Part 1, Louisiana Notary Prep Pact de non Alienando - ANSWER-Clause contained in the mortgage or other encumbrance agreement whereby the obligor agrees not to sell, engage, alienate or mortgage the same property to other persons to the prejudice of the mortgage Corporate Resolution - ANSWER-An official written certificate of the corporations secretary that the resolut...

2024 Fundamentals of Louisiana Notarial Law and Practice with Complete Solutions2024 Fundamentals of Louisiana Notarial Law and Practice with Complete Solutions2024 Fundamentals of Louisiana Notarial Law and Practice with Complete Solutions Mortgagor - ANSWER-one who grants/gives a mortgage; the one making the mortgage, so that's the borrower/home-buyer Mortgagee - ANSWER-one who takes the mortgage and is thus, the lender/bank - the one who provides a loan to someone buying the house; the p...