Louisiana Commercial Lease

Louisiana Commercial Lease
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State:
Louisiana
Control #:
LA-721-M
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Description

This is an example of a lease of immovable property for commercial purposes, with a fixed monthly rent and a renewal option and rights of refusal in favor of the lessee. The lease also contains an obligation not to compete and a provision dealing with payment of rent after lessor's default on a superior mortgage obligation. Caveat: La CC 2628 limits the term of a Right of First Refusal.

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