Usufruct
Article 2620

Option to buy or sell ACTIVE

An option to buy, or an option to sell, is a contract whereby a party gives to another the right to accept an offer to sell, or to buy, a thing within a stipulated time.

An option must set forth the thing and the price, and meet the formal requirements of the sale it contemplates.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1993, No. 841, §1, eff. Jan. 1, 1995

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Cite Article 2620

Bluebook
La. Civ. Code art. 2620 (2026).
Permalink
https://theusufruct.com/cc/2620
BibTeX
@misc{lacivcode-art-2620,
  title        = {La. Civ. Code art. 2620},
  howpublished = {Louisiana Civil Code},
  year         = {2026},
  url          = {https://theusufruct.com/cc/2620},
  note         = {Snapshot 2026-05-22}
}