Fill and Sign the Act of Cash Sale Without Warranty Louisiana Form

STATE OF LOUISIANA PARISH OF [_PARISH_] ACT OF CASH SALE WITHOUT WARRANTY BE IT KNOWN, that on [_Date_] before me, [_NOTARY_] , Notary Public, duly commissioned and qualified, and in the presence of the undersigned witnesses, personally came and appeared: [_SELLER_1_] , Tax Identification Number [_TIN_1_] , and [_SELLER_2_] , Tax Identification Number [_TIN_2_] , husband and wife domiciled in [_Seller_Parish_] , and whose present mailing address is [_Seller_Address_] , hereafter referred to jointly as "SELLER"; who declared that for the consideration hereinafter mentioned, SELLER does by these presents sell, transfer, convey and deliver unto: [_PURCHASER_1_] , whose Tax Identification Number is [_TIN_3_] , and [_PURCHASER_2_] , whose Tax Identification Number is [_TIN_4_] , husband and wife domiciled in [_Purchaser_Parish_] , and whose present mailing address is [_Purchaser_Address_] , hereafter referred to jointly as "PURCHASER"; present and accepting for PURCHASER and PURCHASER's successors and assigns, the following property, with all its component parts, including all rights, ways, privileges, servitudes and appurtenances thereto belonging, said PURCHASER acknowledging delivery and possession thereof: [_Property_Description_] The property conveyed herein has as its address [_Prop_Address_] . This sale is made with full warranty of title and subrogation to all rights and actions against previous owners. @@@Non_Warranty@@@ This sale is made without any warranty or guarantee whatsoever, even for the restitution of the purchase price. PURCHASER declares and acknowledges being aware of the danger of eviction and that this purchase is at PURCHASER'S peril and risk. SELLER does subrogate PURCHASER to all rights and actions against previous owners. The consideration for this sale is [_PRICE_] ( [_PRICE_] ) DOLLARS cash in hand paid, for which acquittance is herein granted. Property taxes for the current year are prorated in connection with this sale. PURCHASER expressly waives all warranties as to the property herein sold, whether implied by this or any other writing or representation, as well as all warranties provided by law. This waiver applies to all warranties of any nature, express or implied, including without limitation warranties of fitness for a particular purpose, or of merchantability, or otherwise. PURCHASER understands that under Articles 2520 through 2548 of the Louisiana Civil Code and other provisions of law this sale - 1 - would ordinarily include a warranty, implied by law, against certain defects in the property sold. PURCHASER expressly waives any and all such warranties with respect to all defects, whether apparent or latent, visible or not, and regardless of whether PURCHASER is presently aware of such defects. This waiver of warranty extends to all defects, even if the defect or defects render the property absolutely useless, or so inconvenient and imperfect that PURCHASER would not have purchased it had PURCHASER known of the defect. PURCHASER has examined the property thoroughly and is fully satisfied with its condition. In addition, PURCHASER waives, relieves, discharges, relinquishes and releases SELLER from any and all demands, claims, causes of action or other rights to payment, performance, remedy or relief, which PURCHASER may have or may be otherwise entitled to, whether affecting person and/or property, including, but without limitation: (a) those arising under LSA - C.C. Article 2315.3, Statewide Order 29-B by Office of Conservation, Department of Natural Resources, State of Louisiana, the Louisiana Environmental Quality Act, the Louisiana Abandoned Oilfield Waste Site Law, the Comprehensive Environmental Response, Compensation and Liability Act, The Resource Conservation and Recovery Act, the Superfund Amendments and Reauthorization Act of 1986, the Toxic Substance Control Act and/or any other federal, state or local law, ordinance, rule, regulation, order, decree, penalty or requirement concerning, affecting, regulating or involving hazardous, toxic or harmful substances or the environment. PURCHASER has read and understands the foregoing waiver of warranty, the waiver has been pointed out and explained, and questions or doubts PURCHASER has concerning the same have been answered satisfactorily. SELLER and PURCHASER acknowledge and stipulate that the sale price was negotiated and agreed upon after consideration of the waiver of warranty herein set forth. PURCHASER and SELLER acknowledge reading and understanding of the warranty waiver provisions contained in this instrument by their initials: PURCHASER: ______________ SELLER: ______________ No title examination was requested of, or made by me, Notary. @@@Tax_Receipts@@@ Tax receipts and/or certificates are annexed hereto showing payment of all state, parish, municipal and levee district taxes and past due charges for local improvement assessments assessed against the property. @@@Conveyance_Cert.@@@ By reference to the certificate of the Register of Conveyances for the Parish of Orleans it does not appear that said property has been alienated by the vendor. The parties are aware that the certificate attached hereto is open, being not yet dated and signed, and relieve and release the undersigned notary from all responsibility and liability in connection therewith. THUS DONE AND PASSED at [_City_Parish_] , Louisiana, in the presence of the undersigned competent witnesses, who sign with appearers and me, Notary, after due reading of the whole. WITNESSES: _____________________ __________________________ [_SELLER_1_] _____________________ __________________________ - 2 - [_SELLER_2_] __________________________ [_PURCHASER_1_] __________________________ [_PURCHASER_2_] __________________________________ [_NOTARY_] , NOTARY PUBLIC * * * * * * * * * * CASH SALE WITHOUT WARRANTY - F1ASAL05: This is 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 (CC 2503), tax researches (R.S. 9:2921) and with the nonalienation certificate required in Orleans Parish (R.S. 9:2928). In this example, no title examination is done. WORD KEY : EXPLANATION : [_PARISH_] Parish of execution. [_Date_] Date of execution. [_NOTARY_] Notary before whom sale executed. [_SELLER_1_] Full name of first seller. This form uses appearances for married sellers and purchasers. For alternative appearances, see document Appearances - F1AAPP1. [_TIN_1_] Tax Identification Number of first seller. For discussion of Internal Revenue Service reporting requirements, see document Request for Tax Identification Number - F1ASAL14. [_SELLER_2_] Full name of second seller. [_TIN_2_] Tax Identification Number of second seller. [_Seller_Parish_] Parish of sellers' domicile. [_Seller_Address_] Address of sellers. [_even_except_] As appropriate to indicate extent of warranty of title. [_PURCHASER_1_] Full name of first purchaser. [_TIN_3_] Tax Identification Number of first purchaser. [_PURCHASER_2_] Full name of second purchaser. [_TIN_4_] Tax Identification Number of second purchaser. - 3 - [_Purchaser_Parish_] Parish of purchasers' domicile. [_Purchaser_Address_] Address of purchasers. [_Property_Description_] Description of property, including acquisition. For reservations (mineral, usufruct, etc.), see document Reservations - F1ASAL10. [_Prop_Address_] Municipal number or address of the property conveyed. @@@Non_Warranty@@@ Use this paragraph instead of the one immediately above it to restrict warranty against eviction under CC 2503. [_PRICE_] Price in words. [_$Price_] Price in numerals (with $). @@@Tax_Receipts@@@ Include statement and receipts/certificates showing payment of taxes in conveyances of real property located in municipal corporations exceeding 300,000 inhabitants, as per R.S. 9:2921. @@@Conveyance_Cert.@@@ Where real property located in the Parish of Orleans is conveyed, R.S. 9:2928 requires attachment of a certificate of the Register of Conveyances showing that the seller has not alienated the property. [_City_Parish_] City and parish of execution. - 4 -