Fill and Sign the Louisiana Estate Form

© 2017 - U.S. Legal Forms, Inc. LOUISIANA ENHANCED LIFE ESTATE QUITCLAIM DEED [A.K.A. Lady Bird Deed] [Individual to Individual without Alternate Beneficiary] Control Number: LA-01-83 I. TIPS ON COMPLETING THE FORMS The form(s) in this packet may contain “form fields” created using Microsoft Word or Adobe Acrobat (“.pdf” format). “Form fields” facilitate completion of the forms using your computer. They do not limit your ability to print the form “in blank” and complete with a typewriter or by hand. It is also helpful to be able to see the location of the form fields. Go to the View menu, click on Toolbars, and then select Forms. This will open the Forms toolbar. Look for the button on the Forms toolbar that resembles a shaded letter “a”. Click this button and the form fields will be visible. By clicking on the appropriate form field, you will be able to enter the needed information. In some instances, the form field and the line will disappear after information is entered. In other cases, it will not. The form was created to function in this manner. II. DISCLAIMER These materials were developed by U.S. Legal Forms, Inc. based upon statutes and forms for the State of Louisiana. All information and Forms are subject to this Disclaimer: All forms in this package are provided without any warranty, express or implied, as to their legal effect and completeness. Please use at your own risk. If you have a serious legal problem, we suggest that you consult an attorney in your state. U.S. Legal Forms, Inc. does not provide legal advice. The products offered by U.S. Legal Forms (USLF) are not a substitute for the advice of an attorney. THESE MATERIALS ARE PROVIDED “AS IS” WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND INCLUDING WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT OF INTELLECTUAL PROPERTY, OR FITNESS FOR ANY PARTICULAR PURPOSE. IN NO EVENT SHALL U.S. LEGAL FORMS, INC. OR ITS AGENTS OR OFFICERS BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS OR PROFITS, BUSINESS INTERRUPTION, LOSS OF INFORMATION) ARISING OUT OF THE USE OF OR INABILITY TO USE THE MATERIALS, EVEN IF U.S. LEGAL FORMS, INC. HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. Prepared by: After Recording, Return to: ENHANCED LIFE ESTATE QUITCLAIM DEED [Individual to Individual] State of Louisiana Parish of __________________ EFFECTIVE DATE: VENDOR: VENDOR'S ADDRESS: VENDEE: VENDEE'S ADDRESS: PROPERTY ADDRESS: LEGAL DESCRIPTION: See Exhibit A attached hereto and incorporated for all purposes. Enhanced Life Estate Quitclaim Deed Page 1 of 3 WITNESSETH: For TEN DOLLARS ($10.00) and other valuable consideration, the receipt and sufficiency of which is acknowledged, Vendor does QUITCLAIM AND CONVEY unto Vendee, the Property, as described above, subject to a retained enhanced life estate in Vendor described further in the Reservations from and Exceptions to Conveyance and Warranty set forth below. TO HAVE AND TO HOLD unto Vendee, Vendee’s successors and assigns forever, so that neither Vendor nor Vendor's successors, assigns, or legal representatives nor any person or persons claiming under Vendor shall at any time hereafter have, claim, or demand any right or title to the Property or any part thereof, subject only to the following reservations and permitted exceptions ("Permitted Exceptions"). RESERVATIONS FROM AND EXCEPTIONS TO CONVEYANCE AND WARRANTY: 1. All unpaid taxes and assessments for the year and all subsequent years. 2. All liens, encumbrances, easements, reservations, restrictions, covenants, easements, zoning ordinances, matters of survey and conditions of record in the Official Records of Parish, Louisiana, affecting the Property. 3. VENDOR reserves unto himself, for and during his lifetime, the exclusive possession, use, enjoyment, and right of income of the property described herein. 4. VENDOR further reserves unto himself, for and during his lifetime, the right to sell, lease, encumber by mortgage, pledge, lien, or otherwise manage and dispose, in whole or in part, or grant any interest therein, of the property described herein premises, by gift, sale, or otherwise so as to terminate the interests of the VENDEE, as VENDOR in his sole discretion shall decide, except to dispose of said property, if any, by devise upon his death. 5. VENDOR further reserves the right to cancel this deed by further conveyance, even to VENDOR, which may destroy any and all rights which the VENDEE may possess under this deed. Enhanced Life Estate Quitclaim Deed Page 2 of 3 VENDEE shall hold a remainder interest in the property described herein and upon the death of the VENDOR, if the property described herein has not been previously disposed of prior to VENDOR’S death, all right and title to the property remaining shall fully vest in VENDEES as owner subject to such liens and encumbrances existing at that time. The certificate of mortgage is hereby waived by the parties, and evidence of the payment of taxes produced, and the Notary is relieved of the requirement of filing this instrument. DONE AND PASSED, in the presence of ______________________________ and ______________________________ lawful witnesses on this ______ day of ______, 20______. Signature of Vendor Type/Print Name Signed, Sealed and Delivered in the presence of: Witness Type or Print Name Witness Type or Print Name Enhanced Life Estate Quitclaim Deed Page 3 of 3 EXHIBIT A Vendor: Vendee: Street Address of Property: Legal Description: Enhanced Life Estate Quitclaim Deed Exhibit A