Louisiana Civil Code 2723 – Term of reconducted nonagricultural lease
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Terms Used In Louisiana Civil Code 2723
- 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
The term of a reconducted nonagricultural lease is:
(1) From month to month in the case of a lease whose term is a month or longer;
(2) From day to day in the case of a lease whose term is at least a day but shorter than a month; and
(3) For periods equal to the expired term in the case of a lease whose term is less than a day.
Acts 2004, No. 821, §1, eff. Jan. 1, 2005.