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Louisiana Residential Property Disclosure

Louisiana Residential Property Disclosure 2026

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The document outlines the requirements for a Property Disclosure Document that sellers of residential real property in Louisiana must provide to purchasers, as mandated by Act 308 of the 2003 Louisiana Legislature. It details who is required to make disclosures, exemptions from this requirement, seller responsibilities, purchaser rights regarding disclosure timing, and the duties of real estate licensees. The document also includes key definitions and emphasizes that the disclosure is for informational purposes only and does not serve as a warranty.

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Click ‘Get Form’ to open the Louisiana Residential Property Disclosure in the editor.
Begin by filling out the property description section, including the street address, city, state, and zip code.
Proceed to the 'Land' section. Answer all questions regarding servitudes, encroachments, and any known defects. Be sure to explain any 'Yes' answers fully at the end of this section.
Move on to the 'Structure' section. Indicate any defects related to roofs, walls, and other structural components. Again, provide detailed explanations for any affirmative responses.
Complete the 'Plumbing, Water, Gas & Sewerage' section by answering questions about plumbing defects and gas service availability.
Fill out the 'Electrical, Heating and Cooling, Appliances' section. Note any issues with electrical systems or appliances present in the property.
Finally, review all sections for accuracy before signing. Ensure that both seller and purchaser initials are included where required.

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Which disclosure is the most commonly required in a residential real estate sale?

The most commonly required disclosure in a residential real estate sale is the sellers property disclosure. This is a document that is provided by the seller that discloses any known defects or issues with the property, such as leaky roofs**, plumbing problems,** or electrical issues.

How often is property reassessed in Louisiana?

The Louisiana Constitution mandates that all property subject to taxation be reappraised and valued at least every four years.

What is residential property assessed at in Louisiana?

This is called the taxable assessed value. In Louisiana, the assessed value of land and residential buildings is equal to 10% of market value as estimated by the parish assessor. The assessed value of commercial buildings is equal to 15% of market value as estimated by the assessor.

How do I see what my house is assessed at?

Visiting your city or county website is a good way to determine the assessed value of your home. In some cases, you can also multiply the market value of your home by the local assessment rate (which will vary by location).

What is the assessed value of a property in Louisiana?

The assessed value of your property is determined by analyzing sales information of similar homes in your area. Your residential property then receives an assessed valuation of 10% of its estimated property value.

Is a property disclosure required in Louisiana?

In Louisiana, the Property Disclosure Document is required even if no real estate agent is involved. The required disclosure can be in the form promulgated by the Louisiana Real Estate Commission or in another form that contains substantially the same information.

How are your property taxes calculated in Louisiana?

Property taxes are based on the assessed value of your property, less any applicable tax exemptions. This is called the taxable assessed value. In Louisiana, the assessed value of land and residential buildings is equal to 10% of market value as estimated by the parish assessor.

Who is required to make written disclosures of known defects in residential property in Louisiana?

All sellers are required to make written disclosure of known defects regarding a property being transferred. A sellers obligation to furnish a Property Disclosure Form applies to any transfer of any interest in residential real property, whether by sale, exchange, bond for deed, lease with option to purchase, etc.

Louisiana Residential Property Disclosure 2026

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Which disclosure is the most commonly required in a residential real estate sale?

How often is property reassessed in Louisiana?

What is residential property assessed at in Louisiana?

How do I see what my house is assessed at?

What is the assessed value of a property in Louisiana?

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People also ask

Is a property disclosure required in Louisiana?

How are your property taxes calculated in Louisiana?

Who is required to make written disclosures of known defects in residential property in Louisiana?

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Louisiana Residential Property Disclosure 2026

Here's how it works

How to use or fill out Louisiana Residential Property Disclosure with our platform

Complete this form in 5 minutes or less

Got questions?

Which disclosure is the most commonly required in a residential real estate sale?

How often is property reassessed in Louisiana?

What is residential property assessed at in Louisiana?

How do I see what my house is assessed at?

What is the assessed value of a property in Louisiana?

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People also ask

Is a property disclosure required in Louisiana?

How are your property taxes calculated in Louisiana?

Who is required to make written disclosures of known defects in residential property in Louisiana?

Related links

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