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General warranty deed: A general warranty deed is the most common type of deed used to transfer fee simple ownership of a property. Unlike a quitclaim deed, a general warranty deed does confirm a grantor's ownership and a legal right to sell.
Louisiana does not provide a statutory form for a deed. The customary forms for a conveyance in this state are the warranty deed and the quitclaim deed. A real estate deed in Louisiana is often referred to as an Act of Sale. Individuals of a legal age can enter into a conveyance of real property in Louisiana.
Signing Requirements ? Louisiana warranty deeds are to be signed in the presence of a Notary Public and two (2) witnesses. Once executed, it shall be considered an ?authentic act? under Louisiana law and eligible for recording (C.C. Art.
A deed is a signed legal document that transfers ownership of an asset to a new owner. Deeds are most commonly used to transfer ownership of property or vehicles between two parties. The purpose of a deed is to transfer a title, the legal ownership of a property or asset, from one person or company to another.
What Is the Strongest Type of Deed? For real estate buyers, a general warranty deed provides greater protection than any other type of deed. While it's the best deed for the grantee, it gives the grantor the most liability.
Under a general warranty deed, the vendor swears that they are the rightful property owner, that the title is free of encumbrances, and that if unforeseen encumbrances come to light after the deed's execution, they will defend the vendee against said claims.
A warranty deed or quit claim deed TRANSFERS TITLE or OWNERSHIP of real property. When you purchase property, you usually receive a warranty deed from the seller to you to show that you now own the property.
Please contact the Land Records/Copy Department at 337-291-6300 for any assistance. For further information about the Land Records/Copy Department call (337) 291-6300 or fax at (337) 291-6393.