Re: Inheriting tenants - Posted by Vic
Posted by Vic on April 05, 2000 at 13:02:45:
Hi! Louisiana is a unique state, no question about that. Here in Louisiana we do not have joint tennancy, tennancy in commom, life estates, bargain & sale deeds, grant deeds or any of that kind of stuff that they have in other states. If I remember right from my real estate classes, in Louisiana there are only 2 ways to take title. I can’t remember what they were as everyone seems to use the same one.
As for your point one, I believe that is accurate as long as the lease is for less than 12 mos. Anything longer has to be recorded to be enforceable.
As for point 2, I’m not real sure because we do not have life estates here. We do have tennancy at will though (how you like that?), not sure if death terminates it or not though. It could be same situation as #1 above though.
Next time I have a sale or talk to an attny. I’m going to ask them to get a clarification. What I was trying to do was give the guy who posted the first post something that he could look into. Apparently there is something to this though (I’m sure it varies somewhat by state) as evidenced by Chenel being able to do it.
Remember this is the land of Mardi Gras, crawfish & round the clock parties. Things operate a little loose in this part of the country.
Louisiana, I think is one of the only states that still has forced heirship, so the laws we have here are probably somewhat different than in other places.
I will get clarification though & when I do, I’ll post it, if nothing else it may be of some benefit to people in this state.