Effect of failure to exercise right within time stipulated

La. Civ. Code art. 2570

La. Civ. Code art. 2570

Art. 2570. Effect of failure to exercise right within time stipulated If the seller does not exercise the right of redemption within the time allowed by law, the buyer becomes unconditional owner of the thing sold. Acts 1993, No. 841, §1, eff. Jan. 1, 1995.