Fill and Sign the Louisiana Partition 497309097 Form

STATE OF LOUISIANA PARISH OF [_PARISH_] ACT OF PARTITION KNOW ALL MEN BY THESE PRESENTS, that on [_Date_] , before the undersigned Notary Public, qualified in and for the aforesaid parish and state, duly commissioned and qualified to act as such, and in the presence of the undersigned good and competent witnesses, PERSONALLY CAME AND APPEARED: [_CORPORATION_] , whose Tax Identification Number is [_CORP_TIN_] , a Louisiana corporation having its principal place of business at [_Address_1_] , represented herein by [_AGENT_] , its [_Office_] duly authorized by resolution attached hereto; and [_PARTY_1_] , Tax Identification Number [_TIN_1_] , and [_PARTY_2_] , Tax Identification Number [_TIN_2_] , husband and wife domiciled in [_Parish_2_] , whose present mailing address is [_Address_2_] ; hereafter referred to jointly as " [_NAME_] ", who declared that they make a division of property as provided herein and agree: 1. That [_CORPORATION_] and [_NAME_] are the owners in indivision of the following tracts of land: [_Descriptions_] 2. That [_CORPORATION_] and [_NAME_] no longer wish to remain owners in indivision of the above described property and have agreed to accept certain portions of the property above described as their full shares of said property. In order to carry out said partition and to confer to each a full and complete title, in due form, to the properties which the parties have agreed to take, it is understood and agreed: a) That [_CORPORATION_] accepts as its full share in this partition the following described tracts of land, to-wit: [_Corp_Descriptions_] b) That [_NAME_] accept as their full share in this partition, the following described tracts of land, to- wit: [_Name_Descriptions_] 3. Now [_CORPORATION_] and [_NAME_] being fully satisfied with the properties received by each of them, and in order to carry out this agreement and partition, and to confer upon each other full and complete title, in due form, to the properties allotted to each, they do declare and acknowledge - 1 - that they do hereby make and effect this partition in authentic form in a manner above expressed and that from henceforth the properties above set forth shall belong exclusively to the persons to whom they are allotted herein and in confirmation of the premises, and in order to carry out the said partition and to vest each of them with absolute title to the properties received herein as said parties' full share of this partition, [_CORPORATION_] and [_NAME_] do hereby respectively sell, assign, convey, transfer and deliver with all legal warranties and with full subrogation to all rights and actions in warranty against all preceding owners and vendors, unto each other the respective properties allotted to each of them as provided above, and each party accepts for itself, its heirs and assigns, and acknowledges due delivery and possession. [_CORPORATION_] and [_NAME_] agree that the properties received by [_CORPORATION_] in this partition and the properties received by [_NAME_] are equal in value, having a value of [_$Value_] . @@@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 certificates attached hereto are 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, the undersigned parties having affixed their signatures in the presence of me, Notary, and the undersigned witnesses after due reading of the whole. WITNESSES: [_CORPORATION_] ___________________ BY___________________ [_AGENT_] [_Office_] ___________________ __________________________ [_PARTY_1_] ___________________________ [_PARTY_2_] __________________________________ [_NOTARY_] , NOTARY PUBLIC * * * * * * * * * * PARTITION - F1ASAL09 : This act accomplishes a division of real property between co-owners. This example assumes that the each of the respective parties receives property of equal value and that no additional consideration is involved. WORD KEY : EXPLANATION : [_PARISH_] Parish of execution. - 2 - [_Date_] Date on which partition is executed. [_CORPORATION_] Full name of first party to partition. For alternative appearances, see document Appearances - F1AAPP1. [_CORP_TIN_] Tax Identification Number of corporate party. [_Address_1_] Mailing address of corporate party. [_AGENT_] Name of person appearing for corporation. [_Office_] Office held by person appearing for corporation. [_PARTY_1_] Name of first individual party to partition. For alternative appearances, see document Appearances - F1AAPP1. [_TIN_1_] Tax Identification Number of first individual party. For discussion of Internal Revenue Service reporting requirements, see document Request for Tax Identification Number - F1ASAL14. [_PARTY_2_] Name of second individual party. [_TIN_2_] Tax Identification Number of second individual party. [_Parish_2_] Parish of domicile of individual parties. [_Address_2_] Mailing address of individual parties. [_NAME_] Surname of individual parties or other identifying name. [_Descriptions_] Descriptions of properties to be divided. [_Corp_Descriptions_] Property received by the first party in full ownership. Include the municipal number or address of the property conveyed. [_Name_Descriptions_] Property received by the second party in full ownership. Include the municipal number or address of the property conveyed. [_$Value_] Value of properties received by each (with $). @@@Tax_Receipts@@@ Include statement and receipts/certificates showing - 3 - 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. [_NOTARY_] Notary before whom act is executed. - 4 -