Cash Sale (Louisiana)

This is an original record of a sale of property made by a notary. It is used for transactions that do not involve a Broker and where the Buyer is either paying cash (as in this example) or where the Seller is financing the purchase with a promissory note, secured by deed of trust or a first mortgage. In this example, the seller also guarantees the title to the property. Whenever any real estate property is sold, a written agreement should be used to document the transaction and to set forth the terms between the Seller and the Buyer. (more...)