Louisiana Revised Statutes 30:148.7 – Supervision of leases
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Terms Used In Louisiana Revised Statutes 30:148.7
- 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 lessor shall have full supervision of leases to see that the terms and stipulations thereof are complied with and may take any appropriate action, and file any suit to protect the interest of the lessor, or annul any lease for sufficient cause.
Acts 1995, No. 88, §1, eff. June 12, 1995.