Warranty of assignor
La. Civ. Code art. 2622
in effect2622. Warranty of assignor
The assignor of an option to buy a thing warrants the existence of that option, but does not warrant that the person who granted it can be required to make a final sale.
If, upon exercise of the option, the person who granted it fails to make a final sale, the assignee has against the assignor the same rights as a buyer without warranty has against the seller.
Acts 1993, No. 841, §1, eff. Jan. 1, 1995.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=109682Fetched: 10/20/2026