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2021 Louisiana Laws
Revised Statutes
Title 33 - Municipalities and Parishes
§4712.10. Purchase of immovable property by political subdivisions; appraisal required
Universal Citation: LA Rev Stat § 33:4712.10 (2021)
RS 4712.10 - Purchase of immovable property by political subdivisions; appraisal required
Notwithstanding any other provision of law to the contrary, no political subdivision shall purchase immovable property with a value greater than three thousand dollars unless prior to such purchase the property has been appraised by a qualified appraiser. No such appraisal shall include the value of improvements proposed to be made to the property after purchase by the political subdivision.
Acts 2007, No. 346, §1.
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