Agreement Owner Property

Louisiana Agreement between Owner and CoOwner of Property
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State:
Louisiana
Control #:
LA-670-M
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Description louisiana owner property

This agreement is executed by co-owners who agree that a property owned by them shall not be sold, encumbered, leased or partitioned. Note that La. R.S. 9:1112 allows an agreement not to alienate, encumber or lease but limits the term to fifteen years from the execution of the agreement. Similarly, La. R.S. 9:1702 allows an agreement not to partition but limits the term to fifteen years from the execution of the agreement.

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