CCP 4626 - Judgment ordering reimbursement or payment of amounts due co-owner out of proceeds of sale - Louisiana Statutes

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Art. 4626. Judgment ordering reimbursement or payment of amounts due co-owner out of proceeds of sale

A judgment ordering the public sale of property to effect a partition under the provisions of this Chapter shall order, out of the proceeds of such sale:

(1) The reimbursement to a co-owner of the amount proven to be due him for the payment of taxes on the property, and the expenses of preservation thereof; and

(2) The payment to a co-owner of the amount proven to be due him by another co-owner who has received and retained the fruits and revenues of the property.

State Codes and Statutes

Statutes > Louisiana > Ccp > Ccp4626

Art. 4626. Judgment ordering reimbursement or payment of amounts due co-owner out of proceeds of sale

A judgment ordering the public sale of property to effect a partition under the provisions of this Chapter shall order, out of the proceeds of such sale:

(1) The reimbursement to a co-owner of the amount proven to be due him for the payment of taxes on the property, and the expenses of preservation thereof; and

(2) The payment to a co-owner of the amount proven to be due him by another co-owner who has received and retained the fruits and revenues of the property.

State Codes and Statutes

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State Codes and Statutes

Statutes > Louisiana > Ccp > Ccp4626

Art. 4626. Judgment ordering reimbursement or payment of amounts due co-owner out of proceeds of sale

A judgment ordering the public sale of property to effect a partition under the provisions of this Chapter shall order, out of the proceeds of such sale:

(1) The reimbursement to a co-owner of the amount proven to be due him for the payment of taxes on the property, and the expenses of preservation thereof; and

(2) The payment to a co-owner of the amount proven to be due him by another co-owner who has received and retained the fruits and revenues of the property.