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tacit mortgage

Defined in 2 dictionaries — Case Law, Black's (1910)

Definitions from Case Law

From 76 U.S. 295 - Lobrano v. Nelligan · 1869Most cited · 5 citing opinions

The security is called a tacit mortgage, which is nothing more than a regulation by law, to assure the property of the minor in the custody of the parent against loss.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

In the law of Louisiana. The law alone in certain cases gives to the creditor a mortgage on the property of his debtor, without it being requisite that the parties should stipulate it. This is called "legal mortgage." It is called also "tacit mortgage," because it is established by the law without the aid of any agreement Civ. Code La. art. 3311.

Defined under Tacit in Black's Law Dictionary.