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Current as of January 01, 2023 | Updated by Findlaw Staff
After the second sale has been completed and the entire sale price has been paid, if no loss has resulted because of the resale, the deposit shall be returned to the first purchaser. If a loss has resulted and a portion of the deposit remains after payment of the loss, that portion shall be returned to the first purchaser.
Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 13, § 4362. Return of deposit if no loss, or of portion if loss does not exceed deposit - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-13-sect-4362/
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