Louisiana Due Diligence Memorandum Based on Files Examined

State:
Multi-State
Control #:
US-OG-460
Format:
Word; 
Rich Text
Instant download

Description

This form is for a memorandum that is based on files examined or due diligence on oil, gas or mineral dealings.

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FAQ

In Louisiana, the general rules of venue are as follows: An action brought against an individual as the defendant must be brought in the venue where the defendant lives or resides.

Can a Seller Back out of a Real Estate Contract in Louisiana? Yes. A seller can back out of a real estate contract in Louisiana if the contract includes a contingency clause allowing them to do so or if the buyer breaches the contract.

No person shall make a false statement, report, or allegation concerning the commission of a crime for the purpose of violating, disrupting, interfering with, or endangering the public health or safety, or to deprive any person or persons of any right, privilege, or immunity secured by the United States Constitution ...

In California, the crime of false accusations is a misdemeanor and you can be prosecuted for it. The penalties for giving false information to the police are up to six months in jail and possible fines.

In Louisiana, when the defendant has defamed the social, business, or moral interests or character of another, he is liable to the injured party without further proof of damage or bad faith.

(1) Whoever commits the crime of filing false public records shall be imprisoned for not more than five years with or without hard labor or shall be fined not more than five thousand dollars, or both.

The Louisiana False Claims Act allows whistleblowers to bring suit in the name of the State of Louisiana where a wrongdoer engages in conduct that defrauds the state or local government of its healthcare dollars. This statute is designed to address Medicaid fraud.

Lines 154 - 191 ? Inspection and Due Diligence Period. This is to establish by contract that the Seller is not obligated to make any repairs unless there is further agreement to do so.

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Louisiana Due Diligence Memorandum Based on Files Examined