New Orleans Louisiana Act of Cash Sale without Warranty

State:
Louisiana
City:
New Orleans
Control #:
LA-680-M
Format:
Word; 
Rich Text
Instant download

Description

This is an example of a cash sale of immovable property conveyed with or without warranty of title and without warranty against defects in the condition of the property. Optional language is provided dealing with non-warranty against eviction (La. CC 2503), tax researches (La. R.S. 9:2921) and with the nonalienation certificate required in Orleans Parish (La. R.S. 9:2928). In this example, no title examination is done.
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FAQ

A transfer of real (immovable) property can be made by authentic act or by an act under private signature duly acknowledged (CC1839 Art. 1839). An authentic act must be executed in the presence of two witnesses, signed by each party executing it, and signed by the notary public and witnesses.

You can go to the clerk of the court's office to look at the chain of title. Some clerks of court have the records online, while others you will have to visit in person.

A special warranty deed provides assurance that the property's seller owns the property in question and has not faced any title issues during this ownership. A special warranty deed guarantees that the buyer won't face any legal action or title issues as a result of the actions of the property's previous owner.

The buyer, or grantee, of a property benefits the most from obtaining a warranty deed. Through the recording of a warranty deed, the seller is providing assurances to the buyer should anything unexpected happen.

A special warranty deed is a particular kind of deed for real estate that make guarantees about the title only during a certain period of time. Special warranty deeds can leave a buyer open to other, older title claims. by Brette Sember, J.D. updated · 3min read.

Users should contact the Office of the Planning Commission at (225) 389-3144 or send an email to planning@brla.gov to obtain specific information about land use and zoning regulations. Also, users can visit the EBRP Office of the Assessor GeoPortal to find tax parcel ownership and assessment information.

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.

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.

Act of Cash Sale means an act of cash sale or other transfer/deed of land to be delivered at the Closing by the applicable Seller conveying to the Purchaser the Transferred Owned Real Property owned by such Seller, substantially in the form set forth in Exhibit B.

Special warranty deeds go by many names in different states, including covenant deed, grant deed, and limited warranty deed. The guarantee covers only the period when the seller held title to the property with a special warranty deed.

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New Orleans Louisiana Act of Cash Sale without Warranty