Pursuant to the provisions of Art. Secured loans made by homestead or building and loan association, For money advanced on the security of a mortgage on the property.
Benefits accrue when the homestead is occupied as such and title is in either husband or wife.
Creditors are entitled to proceed against excess. Any person entitled to a homestead may waive the same, in whole or in part, by signing a written waiver which must be recorded in the mortgage records of the parish. Joinder of spouses is required for any conveyance or waiver. Return to index.