Legal Question in Real Estate Law in Louisiana

I'm not sure i'm spelling it correctly, but What is a "dashon" with regards to mortgages and property deeds?


Asked on 10/14/10, 2:29 pm

1 Answer from Attorneys
Martha Amanda Mandi Lucas Mandie Seale Lucas

The word is French from Louisiana's early law. Dation en paiement is the full name. It is a method of turning over collateral in return for a cancellation of the debt. It must be done in writing and should be filed.

Read more
Answered on 10/19/10, 3:43 pm


Related Questions & Answers

More Real Estate and Real Property questions and answers in Louisiana