Mortgage Certificates show if a property is clear of any financial encumbrances.

 

Mortgage certificates are primarily used for financial purposes, bonds, and employment.

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The following types of certificates are available:

 

Mortgage Certificates on a piece of property with a specific owner. Some example uses include:
                                Property Bonds (bonding persons out of jail)
                                Lending institutions
                                Bankruptcy purposes
                                Sheriff sales
                                Employment purposes

UCC Certificates for movables The LA UCC (Uniform Commercial Code) covers non-land property such as goods, credit, bank transactions, conduct of business, warranties, negotiable instruments, loans secured by personal property and other commercial matters.

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Clear Lien Certificates – Generally used for construction jobs. Normally required to receive the 10% retainer fees held by the owner of a contract.

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