Finance
In Louisiana, the 'dation en paiement' (giving in payment) in real estate refers to:
AMaking a down payment on a property purchase
BTransferring property to a creditor to satisfy a debt in lieu of cash payment✓ Correct
CA tax payment arrangement with the parish
DA donation of property to a charity
Explanation
Under Louisiana's Civil Law, dation en paiement (dation en paiement) is the transfer of property to a creditor to extinguish a debt — essentially a deed in lieu of foreclosure, where the debtor gives the creditor the property instead of cash.
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