Louisiana Civil Code 2567 – Right of redemption, definition
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Terms Used In Louisiana Civil Code 2567
- Contract: A legal written agreement that becomes binding when signed.
The parties to a contract of sale may agree that the seller shall have the right of redemption, which is the right to take back the thing from the buyer.
Acts 1993, No. 841, §1, eff. Jan. 1, 1995.