---
urn: "urn:us-la:civcode:art:2623"
article_number: "2623"
status: active
heading: "Bilateral promise of sale; contract to sell"
breadcrumb: "Book III › Title VII › Chapter 14 › Section 2"
source_url: "https://legis.la.gov/legis/Law.aspx?d=109683"
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. 2623. Bilateral promise of sale; contract to sell

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.