Escrow & Title
Which of the following best describes 'actual notice' in real estate?
AInformation recorded in public records
BInformation that a party actually knows through direct disclosure or personal knowledge✓ Correct
CA legal presumption that information is known because it is public record
DA court order requiring disclosure of property defects
Explanation
Actual notice is information that a party actually has direct knowledge of — either through personal observation, direct disclosure, or other means of actual awareness, as opposed to constructive notice which arises from public records.
People Also Study
Related Louisiana Questions
- In Louisiana, 'constructive notice' through recordation means that:Escrow & Title
- Constructive notice in real estate means:Escrow & Title
- Which of the following best describes 'constructive notice' in Louisiana real estate?Escrow & Title
- In Louisiana, a month-to-month lease may be terminated by either party with how much advance notice?Property Management
- In Louisiana, which office maintains the public records of real estate transactions?Escrow & Title
Key Terms to Know
Deed
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
Abstract of TitleA condensed history of a property's title, summarizing all recorded documents and encumbrances affecting it from the earliest record to the present.
Fiduciary DutyThe highest legal duty an agent owes to a principal — requiring the agent to act in the principal's best interest above all others.
EasementA non-possessory right to use another person's land for a specific purpose.
Study This Topic
Practice More Louisiana Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Louisiana Quiz →