Legal Question in Civil Litigation in Louisiana

what does sequestration recognizing lessor's privelege on moveables mean

what does sequestration recognizing lessor's privelege on moveables mean


Asked on 7/10/04, 10:46 pm

1 Answer from Attorneys

Steve LeBlanc Steve LeBlanc, Ltd., (APLC)

Re: what does sequestration recognizing lessor's privelege on moveables mean

A sequestration is when the sheriff takes possession of the lessee's property under a court order; and, usually, will turn it over to the lessor for safe keeping until the sheriff's sale. A lessor has a lien, or privilage, which is like a mortgage on the property of the lessee in or on the leased premises.

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Answered on 7/11/04, 10:06 am


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