Usufruct
Article 2623

Bilateral promise of sale; contract to sell ACTIVE

An agreement whereby one party promises to sell and the other promises to buy a thing at a later time, or upon the happening of a condition, or upon performance of some obligation by either party, is a bilateral promise of sale or contract to sell. Such an agreement gives either party the right to demand specific performance.

A contract to sell 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

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History

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

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Cite Article 2623

Bluebook
La. Civ. Code art. 2623 (2026).
Permalink
https://theusufruct.com/cc/2623
BibTeX
@misc{lacivcode-art-2623,
  title        = {La. Civ. Code art. 2623},
  howpublished = {Louisiana Civil Code},
  year         = {2026},
  url          = {https://theusufruct.com/cc/2623},
  note         = {Snapshot 2026-05-22}
}