Fill and Sign the Louisiana Partition Property Form

STATE OF LOUISIANA PARISH OF [_PARISH_] PARTITION OF COMMUNITY PROPERTY BE IT KNOWN THAT BEFORE the undersigned Notary or Notaries Public, duly commissioned and qualified in and for the respective Parishes of execution, and in the presence of the witnesses hereinafter named and undersigned personally came and appeared: [_MAN_] , whose Tax Identification Number is [_TIN_1_] , an unmarried man domiciled in [_His_Parish_] , whose mailing address is [_His_Address_] ; and [_WOMAN_] , whose Tax Identification Number is [_TIN_2_] , an unmarried woman domiciled in [_Her_Parish_] , whose mailing address is [_Her_Address_] ; who did declare that they were judicially divorced by Judgment of the [_Court_] in the proceedings titled [_Caption_Docket_] dated [_Divorce_Date_] , and that they now desire to settle and liquidate the community which formerly existed between them and that they have agreed to settle the same in the manner hereinafter set forth: I. [_MAN_] hereby receives and [_WOMAN_] hereby grants, bargains, sells, conveys and delivers, without any warranty except as to her own acts, and with full subrogation of all of her rights and actions of warranty, against all prior owners, unto [_MAN_] , all of her rights, title and interest in and to the following described property, to-wit: [_Property_Description_1_] II. [_WOMAN_] hereby receives and [_MAN_] hereby grants, bargains, sells, conveys and delivers, without any warranty except as to his own acts, and with full subrogation of all of his rights and actions of warranty, against all prior owners, unto [_WOMAN_] , all of his rights, title and interest in and to the following described property, to-wit: [_Property_Description_2_] III. [_MAN_] does agree to and assumes full liability for holding [_WOMAN_] free and harmless from any responsibility for the following debts arising or due from the community which existed between them: [_Debt_Description_1_] IV. [_WOMAN_] does agree to and assumes full liability for, holding [_MAN_] free and harmless from any responsibility for the following debts arising or due from the community which existed between them: [_Debt_Description_2_] V. The parties hereto discharge each other from any further accounting to the community which formerly existed between them; the same being fully liquidated as above set forth and both parties receiving proportionate shares equal in value; each party acknowledging full consideration for this partition. Notwithstanding the assumption of liabilities herein, each party waives any vendor's lien, or right of recision or dissolution for nonperformance, whether implied by law or otherwise, each party agreeing that third parties may rely on such waivers and treat this transaction as a completed partition. VI. The parties hereto agree that each of them, at the other's request, shall execute any additional documents necessary to give full force and effect to this agreement, including documents correcting or clarifying the asset and debt descriptions contained herein. The parties specifically agree to execute any documents necessary to accomplish the transfer of assets agreed upon herein. VII. The parties agree that the community of acquets and gains formerly existing between them was ended as of [_Petition_Date_] in that divorce proceeding referred to above, and that each debt whatsoever incurred by either party after said date, other than those arising from the community and assumed above, shall be considered the separate obligation of the party that incurred the debt. VIII. This agreement is the entire understanding between [_MAN_] and [_WOMAN_] . There are no representations, warranties, promises, covenants or undertakings other than those expressly set forth herein. IX. It is the intent of the parties that all transfers of whatever nature pursuant to the terms of this agreement qualify and be treated under Section 1041 of the Internal Revenue Code, making those transfers non-taxable. X. The parties hereto declare that they have not alienated, or encumbered the previously described property, except as previously stated herein, and to the best of their knowledge the property is not subject to any lien or encumbrance except those mentioned herein. @@@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 respective transferors. The parties are aware that the certificates attached hereto are open, being not yet dated and signed, and relieve and release the undersigned notaries from all responsibility and liability in connection therewith. THUS DONE AND SIGNED at [_City_Parish_1_] , Louisiana on [_Date_1_] , in the presence of the undersigned competent witnesses who sign with appearer and me, Notary Public, after due reading of the whole. WITNESSES: ___________________ _______________________ [_MAN_] ___________________ _______________________ [_NOTARY_1_] , NOTARY PUBLIC THUS DONE AND SIGNED at [_City_Parish_2_] , Louisiana on [_Date_2_] , in the presence of the undersigned competent witnesses who sign with appearer and me, Notary Public, after due reading of the whole. WITNESSES: ___________________ ________________________ [_WOMAN_] ___________________ ________________________ [_NOTARY_2_] , NOTARY PUBLIC * * * * * * * * * * PARTITION OF COMMUNITY : This act accomplishes a division of property formerly belonging to community between spouses, with provisions dealing with assumption of debts, waiver of recision rights and debts after termination of the community. WORD KEY : EXPLANATION : [_PARISH_] Parish or parishes of execution. [_MAN_] Name of former husband. [_TIN_1_] Tax Identification Number of former husband. [_His_Parish_] Parish of man's domicile. [_His_Address_] Mailing address of man. [_WOMAN_] Name of former wife. [_TIN_2_] Tax Identification Number of former wife. [_Her_Parish_] Parish of woman's domicile. [_Her_Address_] Mailing address of woman. [_Court_] Identify court of divorce judgment. [_Caption_Docket_] Caption and docket number of divorce proceeding. [_Divorce_Date_] Date divorce decree rendered. [_Property_Description_1_] List property received by man. Include municipal numbers or street addresses. [_Property_Description_2_] List property received by woman. Include municipal numbers or street addresses. [_Debt_Description_1_] List debts assumed by man. [_Debt_Description_2_] List debts assumed by woman. [_Petition_Date_] Date petition for divorce filed. If there was a legal separation, make appropriate reference. @@@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_1_] City and parish of execution by man. [_Date_1_] Date of execution by man. [_NOTARY_1_] Notary before whom man signs. [_City_Parish_2_] City and parish of execution by woman. [_Date_2_] Date of execution by woman. [_NOTARY_2_] Notary before whom woman signs.