This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.

Louisiana Closing Cost for a Residential Property Transfer in New Orleans

The closing cost on a residential property transfer in New Orleans is 0% under the local transfer tax ordinance. Louisiana’s state constitution, at Article VII § 2.3, authorizes local governments to impose a tax on property transfers, and the City of New Orleans has exercised that authority through Code of Ordinances § 150-391(2), which sets the rate at zero percent. This means no transfer tax is due at closing for most residential sales within city limits. The official source for the constitutional provision is available through the Louisiana Senate’s website. Because each transaction involves unique variables, the DocketMath calculator can estimate your specific closing costs using the verified legal parameters.

Governing authority

In Louisiana, the closing cost rule is set by La. Const. art. VII § 2.3; New Orleans Code of Ordinances § 150-391(2). The verified packet cites La. Const. art. VII § 2.3; New Orleans Code of Ordinances § 150-391(2) (https://senate.la.gov/Documents/LAConstitution.pdf).

Louisiana closing cost: the verified value is 0% under La. Const. art. VII § 2.3; New Orleans Code of Ordinances § 150-391(2). The verified packet cites La. Const. art. VII § 2.3; New Orleans Code of Ordinances § 150-391(2) (https://senate.la.gov/Documents/LAConstitution.pdf).

Estimate your own result: every situation has exceptions that can change the outcome. Use the closing cost calculator to estimate your specific figure.

This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.