Louisiana Land Purchase Agreement Template
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Louisiana Land Purchase Agreement
I. Introduction
This Land Purchase Agreement (the "Agreement") is entered into on this 1st day of January, 2050, by and between [Your Company Name], a company duly organized and existing under the laws of the state of Louisiana, with its principal place of business located at [Your Company Address], and Startra, a company organized and existing under the laws of the state of Louisiana, with its principal place of business located at Shreveport, LA 71101.
Each party may be referred to individually as a "Party" and collectively as the "Parties."
II. Property Description
The subject of this Agreement is a parcel of land located at 123 Oak Street, Shreveport, LA 71101, with a legal description as follows:
Parcel ID: 123-456-789
Lot Size: 5 acres
Zoning: Residential
This parcel is hereinafter referred to as the "Property."
III. Purchase Price and Payment
Purchase Price
The total purchase price for the Property is $250,000 dollars, payable as follows:
Payment Schedule
Initial Payment: A sum of $50,000 shall be paid by [Your Company Name] to Startra upon the execution of this Agreement.
Remaining Balance: The remaining balance of $200,000 shall be paid by [Your Company Name] to Startra on or before March 1st, 2050.
IV. Closing and Transfer of Title
Closing Date
The closing of the purchase (the "Closing") shall occur on April 1st, 2050 at [Your Company Address], unless otherwise agreed by the Parties.
Title Transfer
At the Closing, Startra shall execute and deliver to [Your Company Name] a deed of bargain and sale, transferring full title and ownership of the Property to [Your Company Name] free and clear of any encumbrances, except for those expressly set forth in this Agreement.
V. Warranties and Representations
By [Your Company Name]
[Your Company Name] warrants that it has full authority and legal right to enter into this Agreement and perform its obligations hereunder.
By Startra
Startra warrants that it is the sole owner of the Property and that it has the full legal right to sell the Property under the terms of this Agreement.
Startra further warrants that the Property is free from any and all liens, claims, and encumbrances except those disclosed herein.
VI. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of Louisiana, without regard to its conflicts of law principles. Any dispute arising from or in connection with this Agreement shall be resolved in the courts located within the state of Louisiana.
VII. Contact Information
If you have any questions or need further information, please contact [Your Name] at [Your Company Name] via email at [Your Company Email]. Alternatively, you may reach out directly to Efrain Abshire at inquire@startra.mail for assistance.
VIII. Signatures
[Your Company Name]
Name: [Your Name]
Title: Chief Executive Officer
Date: 1st January, 2050
Startra
Name: Efrain Abshire
Title: Owner
Date: 1st January, 2050
This Agreement has been executed and delivered as of the date first written above. Both Parties acknowledge that they have read and fully understand all terms and conditions herein.
