What is a Quitclaim Deed in Louisiana?
In Louisiana, a quitclaim deed is used to transfer property (“immovable property”) from an owner (“Grantor” or “Vendor”) to a new owner (“Grantee” or “Vendee”) without any promises or guarantees about the property’s title or condition. Quitclaim deeds are a quick way to transfer property but they offer the lowest security among real estate deeds in Louisiana.
The most common use of quitclaim deeds is between parties with high levels of trust, such as family members or close friends.
What is the Difference Between a Quitclaim Deed and a Warranty Deed in Louisiana?
The main difference between quitclaim deeds and warranty deeds in Louisiana is that a quitclaim deed provides less security to the Grantee.
A warranty deed provides legal protection to the new owner because it confirms that the Grantor owns the property and has the right to make a transfer.
Warranty deeds are mostly used for real estate transactions in Louisiana. Quitclaim deeds, on the other hand, are used for transfers between family and friends.
How Do Quitclaim Deeds Work in Louisiana?
Laws surrounding quitclaim deeds are found in Chapter 5 of the Louisiana Civil Code, titled Proof of Obligations.
In Louisiana, every sale of property includes a warranty against eviction by default. For this reason, a Louisiana quitclaim deed must specify the nature of the transfer and the lack of a title guarantee, if any, in the quitclaim deed.
Once prepared, the quitclaim deed must be filed at the Clerk of Court’s Office in the parish (county) where the property is located.
Can You Prepare Your Own Quitclaim Deed in Louisiana?
You can prepare your own quitclaim deed in Louisiana. A professional drafter is not legally required.
The name and address of the individual who drafted the deed, however, must be mentioned under “Prepared by.”
Louisiana Quitclaim Deed Requirements
Most formatting standards in Louisiana are those that counties have uniformly adopted and standardized throughout the state.
Formatting Requirements
Formatting requirements for quitclaim deeds in Louisiana include:
- Paper size: must be between letter (8.5 x 11) and legal size (8.5 x 14).
- Margins: first page must have 2 inches on top; 1 inch on bottom and sides.
- Font size: 8 points minimum.
Content Requirements
Content requirements for quitclaim deeds in Louisiana include:
- Grantor’s full name and address.
- Grantee’s full name and address.
- Marital Status of the parties involved.
- Include the marital status of the Grantor and the Grantee.
- If married, include the full names of each spouse.
- Mention any changes in the Grantor’s marital status since acquiring the property.
- If there has been a change (as mentioned in ‘C’), provide the date and details.
- Include the title ‘quitclaim’ below the top 2-inch margin.
- If a mortgage exists, include the last four digits of the borrower’s Social Security Number or Taxpayer Identification.
- Property address.
- Municipal or Parish ID number, if available.
- Property’s land description.
- Property’s homestead status.
- Consideration clause – the value or the amount of money exchanged.
Who Signs a Quitclaim Deed in Louisiana?
For a quitclaim deed to be legally valid in Louisiana, it must be signed by the Grantor(s), with their names typed directly under the signatures. If the Grantor is married, then both spouses must sign the quitclaim deed.
The Grantor must sign and execute the deed in the presence of a notary public and two witnesses.
How to File a Quitclaim Deed in Louisiana
Here’s how to file a quitclaim deed in Louisiana:
- Prepare the quitclaim deed with the information required.
- If the quitclaim deed is used for a real estate sale, the Grantor must complete a Louisiana Property Disclosure Statement.
- Ensure the deed is signed and executed by the Grantor before a notary public and two witnesses. If the Grantor is married, ensure the spousal signature is included.
- File the quitclaim deed at the Clerk of Court’s Office in the parish where the property is located.
How Much Does it Cost to File a Quitclaim Deed in Louisiana?
In Louisiana, the minimum charges for filing a quitclaim deed are as follows:
- For 1 to 5-page documents – $100.
- For 6 to 25-page documents – $200.
- For 26 to 50-page documents – $300.
- For documents over 50 pages – $300; $5 for each page over 50.
- Additional indexing charge for each name after the 10th – $5 per name.
- Additional fee for any deed not on letter (8.5×11) or legal (8.5×14) size paper – $20 per page.
What Taxes Are Owed on Quitclaim Deeds in Louisiana?
Property transfers in Louisiana are not subject to real estate transfer taxes.
How Long Does a Quitclaim Deed Take to be Recorded in Louisiana?
In Louisiana, the process of recording a quitclaim deed typically takes one day. However, depending on the parish, it can take anywhere from a few days to a few weeks.
What Happens After a Quitclaim Deed is Recorded in Louisiana?
Once presented to the Clerk of Court’s Office, the quitclaim deed will be assigned an entry number along with the date and time of filing. The deed will then be transferred to the Conveyance Department where it is indexed and integrated into the current year’s files.
In Louisiana, the original quitclaim deed is not returned, as it becomes part of the parish archive. Certified copies may be obtained once it is indexed.
How Long Are Quitclaim Deeds Valid For in Louisiana?
There is no expiration for quitclaim deeds in Louisiana. However, the statute of limitations for breaching a written contract in Louisiana is 10 years.
Sources
- 1 LA Civ. Code § 1839
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Transfer of immovable property. A transfer of immovable property must be made by authentic act or by act under private signature. Nevertheless, an oral transfer is valid between the parties when the property has been actually delivered and the transferor recognizes the transfer when interrogated on oath.
- 2 LA Civ. Code § 2503
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The warranty against eviction is implied in every sale. Nevertheless, the parties may agree to increase or to limit the warranty. They may also agree to an exclusion of the warranty..
- 3 LA Civ. Code § 3346
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Place of recordation; duty of the recorder. A. An instrument creating, establishing, or relating to a mortgage or privilege over an immovable,..All other instruments are recorded in the conveyance records of that parish. B. The recorder shall maintain in the manner prescribed by law all instruments that are recorded with him.
- 4 LA Civ. Code § RS 13:844
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(A)(1)(i) Documents to be recorded may be either on eight-and-one-half-inch-by-eleven-inch paper or on eight-and-one-half-inch-by-fourteen-inch paper and the recording fees set forth in this Section shall be the same regardless of which size paper is used. For any other size paper, there shall be an additional fee of twenty dollars per page.
- 5 LA Civ. Code § 3352
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Recorded acts; required information. A. An instrument shall contain the following information when appropriate for its type and nature: (1) The full name, domicile, and permanent mailing address of the parties. (2) The marital status of all of the parties who are individuals.. (3) A declaration as to whether there has been a change in the marital status of any party who is a transferor… 5) The last four digits of the social security number or the taxpayer identification number of the mortgagor, whichever is applicable.
- 6 Authentication of Immovable Property
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Transfer of immovable property. A transfer of immovable property must be made by authentic act or by act under private signature..
(II) LA Civ. Code § 1833
An authentic act is a writing executed before a notary public or other officer authorized to perform that function, in the presence of two witnesses, and signed by each party who executed it, by each witness, and by each notary public before whom it was executed..
- 7 LA Civ. Code § RS 9:3198
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Duties of the seller; delivery of property disclosure document.. A.(1) The seller of residential real property shall complete a property disclosure document in a form prescribed by the Louisiana Real Estate Commission or a form that contains at least the minimum language prescribed by the commission.
- 8 LA Civ. Code § RS 13:844
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(A)(1)(a-h) For one to five page documents, one hundred dollars. (b) For six to twenty-five page documents, two hundred dollars. (c) For twenty-six to fifty page documents, three hundred dollars.
- 9 LA Civ. Code § 3499
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Personal action. Unless otherwise provided by legislation, a personal action is subject to a liberative prescription of ten years.