Fill and Sign the Warranty Deed to Child Reserving a Life Estate in the Parents Louisiana Form

Prepared by U.S. Legal Forms, Inc. Copyright 2016 - U.S. Legal Forms, Inc. STATE OF LOUISIANA WARRANTY DEED TO CHILD - RESERVING LIFE ESTATE TO PARENT Control Number – LA - 021 - 77 NOTES ON COMPLETING THESE FORMS The form(s) in this packet contain “form fields” created using Microsoft Word. “Form fields” facilitate completion of the forms using your computer. They do not limit you 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 in 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. 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HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. Prepared By and After Recording Return to: Send Tax Statements to Grantee (Name and Address): --------Above This Line Reserved For Official Use Only-------WARRANTY DEED (Reserved Life Estate) KNOW ALL MEN BY THESE PRESENTS THAT: FOR VALUABLE CONSIDERATION OF TEN DOLLARS ($10.00), and other good and valuable consideration, cash in hand paid, the receipt and sufficiency of which is hereby acknowledged, ________________________ and ______________________________, Husband and Wife, hereinafter referred to as “Vendors”, do hereby grant, bargain, sell, convey, deliver and warrant with full guarantee of actions of warranty against all former proprietors of the property herein conveyed, together with all rights of prescription, whether acquisitive or liberative, to which Vendors may be entitled, and the entire owner interest of Vendors unto ______________________________, married unmarried, hereinafter “Vendee”, the following lands and property, together with all improvements located thereon, lying in the Parish of ______________________, State of Louisiana, to-wit: INSERT DESCRIPTION OR ATTACH AS EXHIBIT SUBJECT to Life Estates retained by ____________________________________ and ____________________________________, Vendors, to run consecutively. It being the intention of the Vendors that the ending of one Life Estate shall in no way affect the remaining Life Estate. LESS AND EXCEPT all oil, gas and minerals, on and under the above described property owned by Vendor(s), if any, which are reserved by Vendor(s). SUBJECT to all easements, rights-of-way, protective covenants and mineral reservations of record, if any. The property herein conveyed is not a part of the homestead of Vendor(s), or is part of the homestead of Vendor(s) and the conveyance is joined by both Husband and Wife. WITNESS Vendor(s) hand(s) this the ____ day of ________________, 20____. WITNESS ______________________ hand ______ at ______________________________ Louisiana, in the presence of ______________________ and ______________________ lawful witnesses on this ______ day of ______, 20______. ATTEST: ______________________ ______________________ ______________________ ______________________ __________________________________ Vendor {Type Name} __________________________________ Vendor {Type Name} __________________________________ Signed, Sealed and Delivered in the presence of: __________________________________ Witness __________________________________ Witness STATE OF ____________________ PARISH OF ____________________ On this _________ day of _________________________, ________, before me personally appeared _______________________________, to me known to be the person (or persons) described in and who executed the foregoing instrument, and acknowledged that (he/she/they) executed it as (his/her/their) free act and deed. _________________________________ Notary Public Print Name: ____________________ My commission expires: ____________________ Vendor(s) Name, Address, phone: Vendee(s) Name, Address, phone: SEND TAX STATEMENTS TO VENDEE