Louisiana Civil Code 2680 – Duration supplied by law; legal term
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Terms Used In Louisiana Civil Code 2680
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
If the parties have not agreed on the duration of the term, the duration is established in accordance with the following rules:
(1) An agricultural lease shall be from year to year.
(2) Any other lease of an immovable, or a lease of a movable to be used as a residence, shall be from month to month.
(3) A lease of other movables shall be from day to day, unless the rent was fixed by longer or shorter periods, in which case the term shall be one such period, not to exceed one month.
Acts 2004, No. 821, §1, eff. Jan. 1, 2005.