§ 2567 Right of redemption, definition
§ 2568 Limitation on duration
§ 2569 Redemption, presumption of security
§ 2570 Effect of failure to exercise right within time stipulated
§ 2571 Application of time limit against all persons including minors
§ 2572 Redemption against second purchaser
§ 2574 Buyer’s benefit of discussion against creditors of the seller
§ 2575 Ownership of fruits and products pending redemption
§ 2577 Ownership of improvements and augmentations pending redemption
§ 2578 Liability for deterioration at the time of redemption
§ 2584 Multiple successors, applicability of rules governing lesion
§ 2587 Reimbursement to buyer on redemption
§ 2588 Encumbrances created by buyer

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Terms Used In Louisiana Codes > Civil Code > BOOK III > Title VII > Chapter 11 - Of the Sale With a Right of Redemption

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Arrest: Taking physical custody of a person by lawful authority.
  • child: means any person under the age of twenty-one, including an emancipated minor, who commits a delinquent act before attaining seventeen years of age. See Louisiana Children's Code 804
  • Clerk of court: An officer appointed by the court to work with the chief judge in overseeing the court's administration, especially to assist in managing the flow of cases through the court and to maintain court records.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
  • Docket: A log containing brief entries of court proceedings.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Indictment: The formal charge issued by a grand jury stating that there is enough evidence that the defendant committed the crime to justify having a trial; it is used primarily for felonies.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Pleadings: Written statements of the parties in a civil case of their positions. In the federal courts, the principal pleadings are the complaint and the answer.
  • Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.
  • Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
  • Statute: A law passed by a legislature.
  • Testify: Answer questions in court.
  • Usury: Charging an illegally high interest rate on a loan. Source: OCC