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Rent

Lease – Rent

August 1, 2018 By Louisiana Notary Leave a Comment

Lease – Rent

Art. 2675. The rent. The rent may consist of money; commodities, fruits, services, or other performances sufficient to support an onerous contract.

Art. 2676. Agreement as to the rent. The rent shall be fixed by the parties in a sum either certain or determinable through a method agreed by them. It may also be fixed by a third person designated by them. If the agreed method proves unworkable or the designated third person is unwilling or unable to fix the rent, then there is no lease. If the rent has been established and thereafter is subject to re-determination either by a designated third person or through a method agreed to by the parties, but the third person is unwilling or unable to fix the rent or the agreed method proves unworkable, the court may either fix the rent or provide a similar method in accordance with the intent of the parties.

Filed Under: Lease Tagged With: Rent

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