Terms Used In Louisiana Civil Code 2720

  • 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 with a fixed term terminates upon the expiration of that term, without need of notice, unless the lease is reconducted or extended as provided in the following Articles.

Acts 2004, No. 821, §1, eff. Jan. 1, 2005.