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Louisiana Civil Code Tit. VII, Art. 2480. Retention of possession by seller, presumption of simulation

Current as of January 01, 2023 | Updated by Findlaw Staff

When the thing sold remains in the corporeal possession of the seller the sale is presumed to be a simulation, and, where the interest of heirs and creditors of the seller is concerned, the parties must show that their contract is not a simulation.

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Cite this article: FindLaw.com - Louisiana Civil Code Tit. VII, Art. 2480. Retention of possession by seller, presumption of simulation - last updated January 01, 2023 | https://codes.findlaw.com/la/civil-code/la-civ-code-tit-vii-art-2480/

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