Louisiana HB668 amends laws on property partition, detailing procedures for private sales and reimbursements.
Louisiana HB668 amends the Civil Code and Code of Civil Procedure to revise the process for partitioning property. It specifies that private sales of partitioned property must be for no less than fair market value and executed by a court-appointed representative. The bill also mandates that the court consider whether sale costs will be paid to related parties or entities.
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