LA · rules
La. Code Civ. Proc. 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.
History
Acts 2022, No. 636, §1.
Provenance
- Source
- legis.la.gov
- Retrieved
- 2026-09-15
- Edition
- 2026-09-15
- Content hash
33ad9cf0aad69af5fbd8d8df298cce5757d692761ae242092b35a4280af2b922
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