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You are here: Home / Sale / Sale – Immovables

Sale – Immovables

August 1, 2018 By Louisiana Notary Leave a Comment

Sale – Immovables

Art. 2440. Sale of immovable, method of making. A sale or promise of sale of an immovable must be made by authentic act or by act under private signature, except as provided in Article 1839.

Art. 1839. Transfer of immovable property. A transfer of immovable property must be made by authentic act, or act under private signature. Nevertheless, an oral transfer is valid between the parties when the property has been actually delivered and the transferor recognizes the transfer when interrogated on oath. An instrument involving immovable property shall have effect against third persons only from the time it is filed for registry in the parish where the property is located.

Art. 2442. Recordation of sale of immovable to affect third parties. The parties to an act of sale or promise of sale of immovable property are bound from the time the act is made, but such an act is not effective against third parties until it is filed for registry according to the laws of registry.

Art. 2443. Purchase of a thing already owned. A person cannot purchase a thing he already owns. Nevertheless, the owner of a thing may purchase the rights of a person who has, or may have, an adverse claim to the thing.

Filed Under: Sale Tagged With: Immovables

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