Mortgage – Other liabilities and rights of third possessors

Mortgage – Other liabilities and rights of third possessors

Art. 3316. Liability of third possessor . The deteriorations, which proceed from the deed or neglect of the third possessor to the prejudice of the creditors who have a privilege or a mortgage, give rise against the former to an action of indemnification.

Art. 3318. Right of third possessor for costs of improvements. A third possessor may recover the cost of any improvements he has made to the property to the extent the improvements have enhanced the value of the property; out of the proceeds realized from enforcement of the mortgage, after the mortgagee has received the unenhanced value of the property.