State Codes and Statutes

Statutes > Louisiana > Cc > Cc2781

Art. 2781. Sale and rent distinguished.

A contract of sale, in which it is stipulated that the price shall be paid at a future time, but that it bears interest from the day of sale, is not a contract of rent.

On the contrary, a contract made bearing the name of a sale in which the seller does not stipulate the payment of the price, but at a capital bearing interest forever, is a contract of rent.

State Codes and Statutes

Statutes > Louisiana > Cc > Cc2781

Art. 2781. Sale and rent distinguished.

A contract of sale, in which it is stipulated that the price shall be paid at a future time, but that it bears interest from the day of sale, is not a contract of rent.

On the contrary, a contract made bearing the name of a sale in which the seller does not stipulate the payment of the price, but at a capital bearing interest forever, is a contract of rent.


State Codes and Statutes

State Codes and Statutes

Statutes > Louisiana > Cc > Cc2781

Art. 2781. Sale and rent distinguished.

A contract of sale, in which it is stipulated that the price shall be paid at a future time, but that it bears interest from the day of sale, is not a contract of rent.

On the contrary, a contract made bearing the name of a sale in which the seller does not stipulate the payment of the price, but at a capital bearing interest forever, is a contract of rent.