Louisiana Revised Statutes 31:144 – After-acquired title clause may bind lessor and successors in title
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Louisiana Revised Statutes 31:144
- 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
A mineral lease may provide that a mineral right that terminates during the existence of the lease and becomes owned by the lessor or his successor in title shall be subject to the lease. If the lease is filed for registry, the provision is binding on all subsequent owners of the land or mineral rights leased.
Acts 1974, No. 50, §144, eff. Jan. 1, 1975.