Louisiana Revised Statutes 9:3160 – Sale of immovable, retention of price until execution of act
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Terms Used In Louisiana Revised Statutes 9:3160
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
If the object adjudged is an immovable for which the law requires that the act of sale shall be passed in writing, the purchaser may retain the price, and the seller the possession of the thing, until the act be passed.
This act ought to be passed within twenty-four hours after the adjudication, if one of the parties require it; he who occasions a further delay is responsible to the other in damages.
Redesignated by Acts 1993, No. 841, §2, eff. Jan. 1, 1995.