Art. 4302.Terms of Sale

Once a tutor has court authority to sell a minor's property at all, Article 4302 addresses how the buyer pays. The default is cash. A cash sale closes the transaction cleanly: the minor's estate receives the full price at once, with no risk that a buyer later defaults on installments owed to a child who cannot easily chase down a delinquent debtor.

A credit sale is available, but only if the tutor asks for it and the court agrees. Selling on credit can make sense when it draws a better price or a wider pool of buyers, but it also exposes the minor to the risk of nonpayment. Article 4302 addresses that risk directly: when the court authorizes a credit sale, its order must specify the terms of the sale and the security backing the deferred price, rather than leaving the minor's estate to collect on an unsecured promise.

This pairs naturally with Article 4304's additional bond requirement for sales of immovable property and with the general security rules in Chapter 4. A credit sale without adequate security would undercut the purpose requirement in Article 4301, since a sale that leaves the minor exposed to an uncollectible debt is unlikely to serve the minor's interest.