What term describes a situation where a buyer purchases a mortgaged immovable but does not assume the mortgage obligation?

The correct answer refers to "cum onere," which is a term used in property transactions, particularly in the context of real estate under Louisiana law. This term translates to "with burden" and indicates that the buyer is acquiring the property along with its existing obligations, such as a mortgage.

In this scenario, when a buyer purchases a mortgaged immovable but does not take on the mortgage obligations, they are essentially buying the property along with the liability of the existing mortgage. This further illustrates that the buyer accepts the property subject to the existing mortgage, meaning they benefit from the property while also acknowledging its burdens.

Understanding the use of "cum onere" is crucial in real estate transactions, as it underscores the implications of inheriting existing financial responsibilities linked to the property. The distinction between various terms that describe property and financial obligations enriches the knowledge of the notary and ensures proper guidance during transactions.

The other terms in the list reflect other legal nuances or obligations, but they do not convey the scenario described in the question as accurately as "cum onere." Understanding these terms and their precise meanings is essential for anyone involved in property transactions in Louisiana.