State Codes and Statutes

Statutes > Louisiana > Cc > Cc2788

Art. 2788. Redeemable nature of contract.

The rent charge, although stipulated to be perpetual, is essentially redeemable. But the seller may determine the terms of the redemption and stipulate that it shall not take place until after a certain time, which can never exceed thirty years.

State Codes and Statutes

Statutes > Louisiana > Cc > Cc2788

Art. 2788. Redeemable nature of contract.

The rent charge, although stipulated to be perpetual, is essentially redeemable. But the seller may determine the terms of the redemption and stipulate that it shall not take place until after a certain time, which can never exceed thirty years.


State Codes and Statutes

State Codes and Statutes

Statutes > Louisiana > Cc > Cc2788

Art. 2788. Redeemable nature of contract.

The rent charge, although stipulated to be perpetual, is essentially redeemable. But the seller may determine the terms of the redemption and stipulate that it shall not take place until after a certain time, which can never exceed thirty years.