What is the term for the donation of property while living?

Study for the Louisiana Title Insurance Exam. Engage with flashcards and multiple choice questions. Hints and explanations guide your way. Prepare confidently for your certification!

The term for the donation of property while living is "Donation Inter Vivos." This phrase is derived from Latin, meaning "between the living." It refers specifically to a transfer of property that occurs during an individual's lifetime, as opposed to bequeathing property upon death, which would fall under different terminology such as a testamentary gift.

In this context, the options related to donations and transfers highlight various elements of the law surrounding property. A gift causa mortis is specifically a gift made in anticipation of death, while a testamentary gift pertains to property that is transferred through a will after a person's death. An estate transfer generally refers to the transfer of an entire estate upon someone's passing, which doesn’t apply to living donations.

The clear distinction of "Donation Inter Vivos" as an immediate and voluntary transfer of property while the donor is still alive sets it apart, making it the accurate choice in identifying the donation of property during one’s lifetime.

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