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Code · Louisiana · Louisiana Revised Statutes

CCP 4614

95 words·~1 min read·/la/4614

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CCP 4614
Art. 4614. Purchase by co-owner of property or interest sold
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, §1.
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