Louisiana Civil Code 2716 – Termination of lease granted by a usufructuary
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Terms Used In Louisiana Civil Code 2716
- 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
A lease granted by a usufructuary terminates upon the termination of the usufruct.
The lessor is liable to the lessee for any loss caused by such termination, if the lessor failed to disclose his status as a usufructuary.
Acts 2004, No. 821, §1, eff. Jan. 1, 2005.