Terms Used In Louisiana Civil Code 3154

  • 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 pledge of the lessor’s rights in the lease of an immovable and its rents has effect against third persons in accordance with the provisions of Chapter 2 of this Title.

            Acts 2014, No. 281, §1, eff. Jan. 1, 2015.