Louisiana HB630 amends Civil Code Article 2502 to clarify the transfer of rights to a thing.
Louisiana HB630 amends Civil Code Article 2502 to clarify the transfer of rights to a thing. The bill allows a person to transfer rights to a thing to another without warranting the existence of those rights. It specifies that the transferor does not owe restitution of the price to the transferee in case of eviction, nor may the transfer be rescinded for lesion. The transfer does not establish a presumption of bad faith on the part of the transferee and is a just title for acquisitive prescription.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.