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Louisiana Civil Code Tit. VII, Art. 2620. Option to buy or sell

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

An option to buy, or an option to sell, is a contract whereby a party gives to another the right to accept an offer to sell, or to buy, a thing within a stipulated time.

An option must set forth the thing and the price, and meet the formal requirements of the sale it contemplates.

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Cite this article: FindLaw.com - Louisiana Civil Code Tit. VII, Art. 2620. Option to buy or sell - last updated January 01, 2023 | https://codes.findlaw.com/la/civil-code/la-civ-code-tit-vii-art-2620/

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