"Bond for deed" defined

La. Rev. Stat. § 9:2941, under Civil Code-Ancillaries.

La. Rev. Stat. § 9:2941

§2941. "Bond for deed" defined A bond for deed is a contract to sell real property, in which the purchase price is to be paid by the buyer to the seller in installments and in which the seller after payment of a stipulated sum agrees to deliver title to the buyer.