La. Code Civ. Proc. art. 4614
This is the official text of La. Code Civ. Proc. art. 4614, part of Louisiana’s Code of Civil Procedure — sets the procedural rules for civil lawsuits in Louisiana courts.
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Purchase by co-owner of property or interest sold
Official statutory text
A. Any property or interest in the property sold to effect a partition, whether by licitation or by private sale, may be purchased by a co-owner.
B. If a property or interest in the property is purchased by a co-owner, the co-owner shall be credited for his share of the property or interest in the property. The co-owner shall have his share deducted from the purchase price of the property or interest in the property prior to payment.
Acts 2022, No. 636, ยง1.
B. If a property or interest in the property is purchased by a co-owner, the co-owner shall be credited for his share of the property or interest in the property. The co-owner shall have his share deducted from the purchase price of the property or interest in the property prior to payment.
Acts 2022, No. 636, ยง1.
Status: in_force · Read it on the official government site
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