La. Civ. Code art. 3318

Current with changes from the 2024 legislative session effective on or before 7/1/2024, from Acts 2,3, 6-535, and 580-647

Section 3318 - Right of third possessor for costs of improvements

A third possessor may recover the cost of any improvements he has made to the property to the extent the improvements have enhanced the value of the property, out of the proceeds realized from enforcement of the mortgage, after the mortgagee has received the unenhanced value of the property.

La. C.C. § 3318

Acts 1992, No. 1132, §2, eff. Jan. 1, 1993.

Acts 1992, No. 1132, §2, eff. 1/1/1993.

FORMER ART. 3318 REPEALED BY ACTS 1992, NO. 1132, §1, EFF. JAN. 1, 1993.