Louisiana Civil Code 2707 – Lessor’s privilege
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Terms Used In Louisiana Civil Code 2707
- 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
To secure the payment of rent and other obligations arising from the lease of an immovable, the lessor has a privilege on the lessee’s movables that are found in or upon the leased property.
In an agricultural lease, the lessor’s privilege also encompasses the fruits produced by the land.
Acts 2004, No. 821, §1, eff. Jan. 1, 2005.