2011 Louisiana Laws
Civil Code
CC 2782 — Elements of sale and lease in rent contract.
Art. 2782. Elements of sale and lease in rent contract.
The contract of rent partakes of the nature of sale and of lease.
Of sale, inasmuch as it transfers the ownership of the thing, and subjects the party to the same warranty which is imposed on the vendor.
And of lease, inasmuch as it subjects the rentee to the payment of rent.*
*English translation of French text incomplete; should include "as in the lease of houses and of farms."
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