Cash Sale Deed Without Consideration Is Void

State:
Louisiana
Control #:
LA-5119
Format:
Word; 
Rich Text
Instant download

Description

The Cash Sale Deed is a formal document used to transfer property ownership, but it emphasizes that a cash sale deed without consideration is void. This means that if no payment or consideration is involved, the deed lacks legal validity. Key features of the form include details about the parties involved, the legal description of the property, and the acknowledgment of cash payment. Filling instructions require users to enter personal details, property description, and sale amount accurately. It also includes statements concerning taxes and waivers of certain legal requirements. For attorneys, paralegals, and legal assistants, this form is useful for drafting property transfers, ensuring compliance with local laws, and safeguarding against future disputes. Legal partners and associates can efficiently utilize this form to facilitate real estate transactions while ensuring clear documentation of sales. It's important for all users to understand the implications of a void deed, especially in relation to property rights.
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FAQ

To register a foreign corporation in Oklahoma, you must file an Oklahoma Certificate of Qualification with the Oklahoma Secretary of State. You can submit this document by mail, by fax, in person, or online.

The document required to form an LLC in Oklahoma is called the Articles of Organization. The information required in the formation document varies by state.

The filing fee for a foreign LLC in Oklahoma is $300. Once your documents are approved by the State, you shall receive a Certified copy of your Registration from the Secretary of State office.

You can download the Oklahoma Certificate of Incorporation form from the Oklahoma Secretary of State website. Complete and mail the form along with the fee. The Oklahoma Certificate of Incorporation form is the same for in-person and mailed filings.

A certified copy of your Articles of Organization or Articles of Incorporation can be ordered by mail, in person, or online, but we recommend online. Online processing costs $10 plus $1 per page and takes about an hour.

Yes. In Oklahoma, foreign LLCs must file an Annual Certificate every year with the Secretary of State on the anniversary of registration. This costs $25 per year, and you can request to be notified about your filing through email instead of the regular mail.

Any company registered in Oklahoma can order certified copies of its official formation documents from the Oklahoma Secretary of State. Processing time is typically 1 business day plus mailing time.

Nonprofit articles of incorporation is the document filed to create a Oklahoma nonprofit corporation. Preparing and filing your articles of incorporation is the first step in starting your nonprofit corporation. Approval of this document secures your corporate name and creates the legal entity of the nonprofit.

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Cash Sale Deed Without Consideration Is Void