La. Civ. Code art. 2622
This is the official text of La. Civ. Code art. 2622, part of Louisiana’s Civil Code — louisiana's civil law tradition codifies persons, property, obligations, and family relations here rather than in a separate statutory code.
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Warranty of assignor
Official statutory text
The assignor of an option to buy a thing warrants the existence of that option, but does not warrant that the person who granted it can be required to make a final sale.
If, upon exercise of the option, the person who granted it fails to make a final sale, the assignee has against the assignor the same rights as a buyer without warranty has against the seller.
Acts 1993, No. 841, ยง1, eff. Jan. 1, 1995.
If, upon exercise of the option, the person who granted it fails to make a final sale, the assignee has against the assignor the same rights as a buyer without warranty has against the seller.
Acts 1993, No. 841, ยง1, eff. Jan. 1, 1995.
Status: in_force · Read it on the official government site
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