Terms Used In Louisiana Civil Code 2491

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.

The seller must deliver to the buyer the full extent of the immovable sold.  That obligation may be modified in accordance with the provisions of the following Articles.

Acts 1993, No. 841, §1, eff. Jan. 1, 1995.