Make Fillable Legal Louisiana Contract For Deed Forms For Free

Louisiana Laws - Louisiana State Legislature. A transfer of immovable property must be made by authentic act or by act under private signature. Nevertheless, an oral transfer is valid between the parties when the property has been actually delivered and the transferor recognizes the transfer when interrogated on oath.

Louisiana does not provide a statutory form of deed. There are customary general warranty deeds, special or limited warranty deeds, and quit claim deeds. Forms for a deed, referred to as "an act of sale" in Louisiana, must contain the true sales price.

A Louisiana quitclaim deed is used to transfer real estate in Louisiana from one person to another. A quitclaim has no guarantee or warranty attached to it. So the buyer, or vendee, is buying only that interest that the vendor owns in the property.

You must file a Petition for Possession with the court. The petition must include information such as the decedent's date of death, domicile at the time of death, and whether the succession is testate (i.e., with a will) or intestate (i.e., without a will).

In order to transfer an immovable, a contract is required between the owner and the transferee purporting to transfer ownership. Transfer of an immovable occurs when filed with the registry office. To transfer a movable there must be a contract between the owner and the transferee purporting to transfer ownership.

It contains the names of the current owner (the grantor) and the new owner (the grantee), the legal description of the property, and is signed by the grantor. Transfers of real property must be in writing and notarized. Deeds should be recorded in the county where the property is located.