Redhibition is the avoidance of a sale on account of some vice or defect in the thing sold, which renders it either absolutely useless or its use so in- convenient and imperfect that it must be supposed that the buyer would not have purchased It had he known of the vice. Civ, Code La. art 2520.
This is a warranty imposed by law in Louisiana. It can be waived, but must expressly be waived by informed consent of the party waiving it, a waiver form is not enough. You must intelligently waive your right to redhibition after informed consent, meaning you voluntarily and intelligently waived it.
When you waive it the above right is waived but other warranty of merchantibility may still apply or warranty agreed to in contract may apply unless all others waived too.
I have not bought a house in Louisiana, therefore am not sure if this is common in all real estate contracts. If left out you are not protected by implied warranty by law. However, your property may still be protected by a warranty agreed to in the real estate contract other than one implied by law. Read carefully or hire attorney to check agreement.... more
you will be moving soon so please make sure that whatever property you rent after this experience has a statement for 24hr notice to enter any property. The law states that a 24 hr written notice is to be posted. However no one should enter anyones property without notice, this is to protect the owner as well as the tenant. Ask for a copy of the tenant law pamphlet you can get at the library or any housing office. Good luck....... more
Email me at email@example.com and I can give you a good measure of #insurance pricing. There are variations in rates but there are some basic rule of thumb measures one can use once you have an idea of size, location and type, (single or multifamily for example) that you are considering. We can look at taxes, insurance and areas that have that additional $400 or so a year "security fee" tacked on to your property tax bill.... more
Uptown New Orleans maybe quite possibly the busiest market in Orleans Parish..namely the rental market.Â Looking at stats from my website, iansellsnola.com and daily phone calls, it appears Los Angeles
Expect to pay the following:
Okay condition / needs upgrading in less desirable neighbourhood: around $100 per sf
Excellent condition in most desirable neighbourhood: $180 to $250 per sf.
Desirable and less desrirable could mean everything from proximity to the parade route, universities to being close to Audubon Park.
With the right buyers agent, insurance is not a problem.
Email me with specifics as to what you want and I can help you find a home and help remove alot of the risk associated with buying a home Uptown.... more