Louisiana Real Estate Contract: Different Types and Key Terms to Include
Quick Facts — Real Estate Contract Lawyers
- Avg cost to draft a Real Estate Purchase Agreement: $770.00
- Avg cost to review a Real Estate Purchase Agreement: $560.00
- Lawyers available: 215 real estate lawyers
- Clients helped: 512 recent real estate contract projects
- Avg lawyer rating: 4.83 (42 reviews)
What is a Louisiana Real Estate Contract?
A Louisiana real estate contract is a legally binding agreement between a buyer and a seller that outlines the terms and conditions of the sale of real estate. A real estate contract will include essential information like:
- Purchase price
- Closing date
- Conditions to meet before the sale is finalized
- Property address and legal description
- Property defects or issues
To be legally binding and enforceable in Louisiana, a real estate contract must be signed by all parties involved in the transaction and it must comply with all applicable state and federal laws.
Common Louisiana Real Estate Contracts
There are several types of real estate contracts may be used in Louisiana. Each contract serves a different purpose based on the property type. Common contracts include:
- Residential real estate contract. Used when buying or selling land or a building that will be used for housing. In Louisiana, most real estate agents use the Louisiana Real Estate Commission approved purchase agreement.
- Commercial real estate contract . Used when buying or selling property zoned for operating a business like an office building.
4 Essential Elements of a Louisiana Real Estate Contract
The 4 essential elements that every Louisiana real estate contract must include to be valid under state laws are:
- An offer by the buyer to purchase the property
- Acceptance of the offer by the seller
- Consideration (usually the exchange of money for the property)
- The intention of both parties to enter the agreement
Can a Seller Back out of a Real Estate Contract in Louisiana?
Yes. A seller can back out of a real estate contract in Louisiana if the contract includes a contingency clause allowing them to do so or if the buyer breaches the contract. In addition, the Louisiana Real Estate Commission's rules allow for a seller to back out of a contract if the property is destroyed or made uninhabitable before closing.
Frequently Asked Questions
See Real Estate Contract by State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
See Real Real Estate Purchase Agreement Projects
California Review Real Estate Cash Purchase Agreement Review
- California
- 7 lawyer bids
- $300 - $799
Arizona Review Real Estate Contract for commercial building Review
- Arizona
- 9 lawyer bids
- $325 - $1,000
See all Real Estate Purchase Agreement projects in Louisiana
ContractsCounsel is not a law firm, and this post should not be considered and does not contain legal advice. To ensure the information and advice in this post are correct, sufficient, and appropriate for your situation, please consult a licensed attorney. Also, using or accessing ContractsCounsel's site does not create an attorney-client relationship between you and ContractsCounsel.
Need help with a Real Estate Contract?
Meet some of our Louisiana Real Estate Contract Lawyers
Paul M.
Transactional attorney and corporate in house counsel for 15 years. Draft all types of contracts and employment agreements.
"Paul is prompt, professional, and knowledgable. I am happy with the prenuptial agreement I got and would be glad to work with him again."
Haroldo M.
A seasoned attorney dedicated to navigating complex legal issues and devising strategic solutions for my clients.
"He keeps in constant contact with me. He has been very fast and very helpful If your looking for a great lawyer, He is your lawyer! I highly recommend hiring him!"
Leonid G.
I have been practicing law since 2018. I used to be a litigator at a nationwide practice before going in-house at a fintech company. I have experience drafting NDAs, SaaS contracts, service agreements, and stock purchase agreements.
"Leonid was amazing. He understood the company ethos, our mission, and how to best update our contracts to serve both. He communicated with me on his progress and stayed within the budget I relayed to him. Will hire again for the next project."
July 21, 2020
Steven C.
Steve Clark has been practicing law in DFW since 1980. He is licensed in both Texas and Louisiana state and federal courts. He concentrates his practice on business clients and their needs. He has been a SuperLawyer in Texas since 2011, and is Lead Counsel rated in Business Law. He is also a Bet the Company litigator in Texas.
Sean S.
Commercial and government contracts attorney with 10+ years of experience delivering business-aligned legal solutions to global companies, research institutions, and startups across tech, manufacturing, and regulated industries. Passionate about transforming legal workflows through AI and automation. Proven track record advising business teams and executives on complex commercial agreements, designing scalable contract playbooks, and aligning legal guidance with user needs. Strong communicator skilled at bridging legal and operational teams.
February 24, 2023
Candace M.
For over 20 years, as an attorney and real estate broker, Candace has used her passion for business and real estate to help her clients succeed as business owners, entrepreneurs Realtors, and real estate investors. She and her team go above and beyond to simplify and solve those issues which trouble her clients. From the simple to the complex, she is ready to help. Her experience includes, Real Estate law, Contracts, Business Formation, Business Operating AGreements and Entrepreneurial counseling.
July 13, 2023
Keren G.
Keren E. Gesund has extensive litigation expense. She has successfully defended and prosecuted claims against debt collectors, banks, credit reporting agencies, subcontractors, manufacturers and consumers who have suffered harassment or injury. She handles contentious business and commercial cases for both plaintiffs and defendants in state and federal court.
Find the best lawyer for your project
Browse Lawyers NowLawyer Reviews for Louisiana Real Estate Contract Projects
Review Public Offering Statement for Purchase of New Construction Townhome
"Great review and fast turn around"
ContractsCounsel User
Review Real Estate Purchase Agreement
"Exactly what I needed! Will use again!"
ContractsCounsel User
Buyout agreement for home purchase
"Wonderful to work with! Made the process very easy!"
ContractsCounsel User
Real Estate Contract Review for LLC Membership Interest Purchase
".."
ContractsCounsel User
Real Estate
Real Estate Contract
Georgia
WHAT ARE YOUR FEES TO PERFORM QUIT CLAIM DEED COMPLETE BUTTS COUNTY GEORGIA 30233
SON AND EX
Meghan T.
Hi. The cost for my practice to prepare a Quit Claim Deed is $99. The Cost for me to handle the closing is $250 plus recording fees. These costs apply for any county within the state of Georgia. Let me know if you have any more questions. Meghan K Thomas
Real Estate
Real Estate Contract
Illinois
what is better to buy land or rent for construction in US?
we are a construction company from Ukraine, we are planning to build a cottage town in the USA
T. Phillip B.
I suppose it doesn't matter if you have the lease giving you permission and the lease is long enough to justify the building expense when you won't own it. But I'd buy the land so you could eventually sell the property with the building on it.
Real Estate
Real Estate Contract
New York
Can you purchase or refinance under a land contract?
I’ve been living here for 2 years. Currently have been working with my credit union and they are having a terrible time trying to understand the legalities of my land contract first off, and secondly they just don’t seem to know what they are doing. It’s been over 8 months, 4 different loan officers and I’m once again waiting for someone else to help finish this thing out. It’s only $60,000 with a $120,000 appraisal. So, as of now I am stuck paying 2.5x monthly under this land contract than I was promised would be an easy mortgage process. So any guidance in the right direction would be very helpful. It’s a New York home. 20 yr fixed, no balloon, with a (brace yourself) 12% apr. HELP ME PLEASE! One month I’m being told to authorize a credit check for a first time homebuyer grant method of mortgaging this property. The next it’s authorizing it for a refinance. I do have earnest money deposits for over $3,000 and another $3000 paid towards principal under this land contract also.
Jane C.
I suggest you speak with a New York real estate attorney. That attorney needs to review the documents related to the transaction.
Real Estate
Real Estate Contract
Georgia
How many years does a quick claim become effective?s
Number of years for quick claim to be effect ive
Meghan T.
A quit claim deed is effective upon execution so long as the deed is dated as of the date of signature. Execution means that the deed is signed, in front of a witness and a notary. The witness and notary must also sign the deed. Finally, the deed must be recorded. This means that the deed must be submitted to the Superior Court recording office of the County in which the property sits. Please let me know if you have any questions. Thanks, Meghan K Thomas
Quick, user friendly and one of the better ways I've come across to get ahold of lawyers willing to take new clients.
View Trustpilot ReviewNeed help with a Real Estate Contract?
Real Estate lawyers by top cities
- Austin Real Estate Lawyers
- Boston Real Estate Lawyers
- Chicago Real Estate Lawyers
- Dallas Real Estate Lawyers
- Denver Real Estate Lawyers
- Houston Real Estate Lawyers
- Los Angeles Real Estate Lawyers
- New York Real Estate Lawyers
- Phoenix Real Estate Lawyers
- San Diego Real Estate Lawyers
- Tampa Real Estate Lawyers
Louisiana Real Estate Contract lawyers by city
- Baton Rouge Real Estate Contract Lawyers
- Lafayette Real Estate Contract Lawyers
- New Orleans Real Estate Contract Lawyers
- Shreveport Real Estate Contract Lawyers
ContractsCounsel User
Real estate purchase agreement
Location: California
Turnaround: Less than a week
Service: Drafting
Doc Type: Real Estate Purchase Agreement
Number of Bids: 4
Bid Range: $750 - $1,000
ContractsCounsel User