Terms Used In Louisiana Revised Statutes 41:1219

  • 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 lessor shall have full supervision of leases to see that the terms and stipulations thereof are complied with and may take any appropriate action, and may file any suit to protect the interest of the lessor, or to annul any lease.

The lessor may include in each lease, such stipulations as may be proper for the development of the lands, which are not inconsistent with the provisions of this Part.