La. Code Civ. Proc. art. 4614

Current with operative changes from the 2024 Third Special Legislative Session

Section 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.

La. C.P. § 4614

Acts 2022, No. 636, §1.

Amended by Acts 2022, No. 636,s. 1, eff. 8/1/2022.