Louisiana Revised Statutes 9:5645 – Prescription of actions involving contract to sell or transfer immovable property
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Terms Used In Louisiana Revised Statutes 9:5645
- Contract: A legal written agreement that becomes binding when signed.
An action for the breach or other failure to perform a contract for the sale, exchange, or other transfer of an immovable is prescribed in five years.
Acts 2006, No. 701, §1, eff. Aug. 15, 2007.