Louisiana Revised Statutes 9:2730 – Any promise, covenant, or restriction in a contract, mortgage, lease, deed, or conveyance or in any other agreement affecting immovable property that limits, restrains, prohibits, or
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Terms Used In Louisiana Revised Statutes 9:2730
- Contract: A legal written agreement that becomes binding when signed.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- 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
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
Any promise, covenant, or restriction in a contract, mortgage, lease, deed, or conveyance or in any other agreement affecting immovable property that limits, restrains, prohibits, or otherwise provides against the sale, grant, gift, transfer, assignment, conveyance, ownership, lease, rental, use, or occupancy of immovable property to or by any person based on race or religion shall be void, against public policy, and wholly unenforceable and shall not constitute a defense in any action, suit, or proceeding.
Acts 2022, No. 481, §1.