---
urn: "urn:us-la:civcode:art:2464"
article_number: "2464"
status: active
heading: "Price, essential elements"
breadcrumb: "Book III › Title VII › Chapter 5"
source_url: "https://legis.la.gov/legis/Law.aspx?d=109507"
acts_citations_raw: "Acts 1993, No. 841, §1, eff. Jan. 1, 1995."
acts_citations:
  - act_year: 1993
    act_number: 841
    section: 1
    effective_date: 1995-01-01
    role: enactment
schema_version: "1.0.0"
---

# Art. 2464. Price, essential elements

The price must be fixed by the parties in a sum either certain or determinable through a method agreed by them. There is no sale unless the parties intended that a price be paid.

The price must not be out of all proportion with the value of the thing sold. Thus, the sale of a plantation for a dollar is not a sale, though it may be a donation in disguise.