Check Spelling In Legal Louisiana Warranty Forms For Free

Recording ? Must be submitted to the Clerk of Court's Office in the parish where the property is located along with the required filing fee (varied by office). Signing ? A quitclaim deed must be authorized with the Grantor(s) (the Sellers) in front of two (2) witnesses and a notary public.

A traditional deed simply transfers the ownership of a property from one party to another (in other words, the seller to the buyer.) Whoever legally holds the deed is the rightful owner of the property. A warranty deed, on the other hand, contains special assurances that the seller makes to the buyer.

A Louisiana general warranty deed is used to transfer property in Louisiana from one person (the seller) to another (the buyer). The warranty deed guarantees that the property is free from any other claims or interests against the title.

Using a Deed The most common form of transferring property ownership in Louisiana is done via a voluntary contract through the owner, also known as the seller, and the transferee, also known as the buyer. Real estate ownership is transferred using a valid contract, also known as an authentic act.

A general warranty deed does not now include a covenant against encumbrances. Because the grantor is making numerous present and future covenants about the title of the property being conveyed, a general warranty deed is the kind of deed that offers the most comprehensive level of protection to the buyer.

A general warranty deed is a legal agreement that protects a property buyer from any debts held against the property they're purchasing. If such a debt emerges after the sale, the seller, not the buyer, is financially responsible for that debt.