Settlement of community property movable and immovable louisiana form
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SETTLEMENT OF COMMUNITY PROPERTY
NAME OF PLAINTIFF(S) : _____ JUDICIAL DISTRICT COURT
VS. : __________ PARISH, LOUISIANA
NAME OF DEFENDANT(S) : DOCKET NO. __________
CUSTOMS NUMBER __________
BEFORE ME, the undersigned Notary Public, duly commissioned and qualified in and
for the Parish of _______________ , State of Louisiana, and in the presence of the witnesses
hereinafter named and undersigned:
PERSONALLY CAME AND APPEARED:
_______________ , divorced from _______________ , whose current mailing
address is ______________________________ ;
_______________ , divorced from _______________ , whose current mailing
address is ______________________________ ;
who declared that they are divorced and that they now desire to settle and liquidate the
community of acquets and gains which formerly existed between them, and they have agreed to
settle same in the following manner, to-wit:
_______________ does hereby convey, transfer, set over, assign, and deliver unto
____________________ , his undivided interest in and to, the following described property, to-
wit:
(1) ______________________________ ;
(2) Any movable items which are in defendant’s possession at this time;
Further, ____________________ , does hereby agree to hold _______________ ,
harmless from any reimbursements which may have been entitled to Plaintiff.
TO HAVE AND TO HOLD the said properties herein conveyed unto said transferee, her
heirs or assigns forever, with full and general warranty of title and with subrogation to all rights
of warranty and all other rights as held by transferor, _______________ .
____________________ does hereby convey, transfer, set over, assign, and deliver unto
____________________ the following described property, to-wit:
________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
__________
Further, Plaintiff, _______________ , does hereby assume the obligation on the
____________________ and __________ and any other debts acquired between the marriage
between plaintiff and defendant, and hereby agrees to remove Defendant’s name from said
obligation(s) within thirty (30) days.
TO HAVE AND TO HOLD the said properties herein conveyed unto said transferee, his
heirs or assigns forever, with full and general warranty of title and with subrogation to all rights
of warranty and all other rights as held by transferor, ____________________ .
Both parties agree that they shall be individually liable for any debts incurred by him/her
after ____________________ , regardless of the name under which the debt was incurred or
whether any such debt was incurred on behalf of the community property regime which may
have existed between them at the time such debts were incurred. To that end, each party agrees
and does hereby hold the other party harmless from any liability on such debts incurred by
him/her after September 22, 1998, and agrees to indemnify the other from any and all sums of
money he/she may pay for which he/she may be held liable under any such obligations.
Further, the parties hereto agree that any community property or assets not specifically
mentioned in this act shall be transferred to that party under whose control or under whose name
the said property or assets stand, it being their intention to fully discharge each other from any
further accounting to the community which formerly existed between them.
Any vendor's lien which may be created by this agreement in favor of any party hereto is
hereby renounced and waived by each of the parties.
Both parties acknowledge that they have received a fair and equal portion of the
community property.
Both parties further acknowledge that the property described contained in this instrument
were submitted to the undersigned notaries by them.
The parties hereto agree to dispense with the production of any and all certificates which
may be required by law, and to exonerate the undersigned notaries from all liabilities thereof.
THUS DONE AND SIGNED on this _____ day of _______________ , 20 _____ , at
_______________ , Louisiana, in the presence of the undersigned competent witnesses, who sign
with appearers and me, Notary, after due reading of the whole.
WITNESSES:
____________________________ ______________________________
____________________________ ______________________________
__________________________
NOTARY PUBLIC
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