Title 37 — Property
6 chapters · 50 sections in this title.
A.S.C.A. § 37.1001 Lien of mortgages of real property or fixtures-Debts secured-Priority
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(a) Every transfer of an interest in real property or fixtures made as security for the performance of another act or subject to defeasance upon the payment of an obligation, whether the transfer is made in trust or otherwise, is to be considered a mortgage and shall create a lie…
A.S.C.A. § 37.1002 On what property-Enforceability
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(a) If the mortgage so provides, the lien of the mortgage may attach to additions, improvements, and purchases or substitutions made to supply the place of any real property or fixtures referred to in the mortgage when the mortgagor acquires an interest therein to the extent of t…
A.S.C.A. § 37.1003 After-acquired real property and fixtures
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The mortgage shall operate only as a contract between the parties with respect to and shall not create a lien upon real property or fixtures acquired in any manner by the mortgagor subsequent to the execution of the mortgage, if there are not described therein the real property, …
A.S.C.A. § 37.1004 Interests in recorded mortgages and leases
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The mortgage shall operate only as a contract between the parties with respect to, and shall not create a lien upon, any recorded mortgage or lease, unless, and until, a specific reference to the mortgage or lease is contained in an instrument or affidavit executed by the mortgag…
A.S.C.A. § 37.1005 Use and possession of mortgaged property
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In the absence of an agreement to the contrary, the mortgagor of real property or fixtures under a duly recorded mortgage is entitled to the use or possession of it until default. History: 1978, PL 15-83; 1979, PL 16-48 § 1.
A.S.C.A. § 37.1006 Interpretation of chapter provisions
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Nothing in this chapter is considered to modify or amend 4.0325, 4.1101 through 4.1106 or 37.0210. History: 1978, PL 15-83; 1979, PL 16-48 § 1.