Dation 2026

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The document outlines a Partial Dation En Paiement agreement between two debtors and a creditor in Louisiana, where the debtors transfer property to the creditor as partial payment for an outstanding mortgage obligation. It details the terms of the original loan, the value of the property being transferred, and acknowledges that the debtors remain liable for any remaining balance after the transfer. The document includes legal assurances regarding the property's title and conditions related to commercial and consumer transactions.

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Click ‘Get Form’ to open the dation in the editor.
Begin by filling in the names of the debtors in the [_DEBTOR_1_] and [_DEBTOR_2_] fields. Ensure that these names match those on the property acquisition documents.
Enter the creditor's name in the [_CREDITOR_] field, followed by selecting the appropriate parish from the [_PARISH_] dropdown.
Complete the Tax Identification Numbers for both debtors and creditor in their respective fields: [_TIN_1_], [_TIN_2_], and [_TIN_3_].
Fill out details regarding the mortgage note, including principal amount, interest rate, attorney's fees, and payment terms in their designated fields.
Describe the property being transferred in the [_Property_Description_] field and provide its address in [_Prop_Address_].
Review all entries for accuracy before signing. Use our platform’s tools to add signatures where required.

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