Art. 4614.Purchase By Co-Owner of Property Or Interest Sold
Book VII. Special Proceedings · Title IX. Partition Between Co-Owners · Chapter 1. General Dispositions · Last amended 2022 · Last verified July 30, 2026
Full Text of Art. 4614
Amendment History
Amended by Acts 2022, No. 636, §1, eff. 8/1/2022.
Plain-English Summary
A co-owner does not have to stand by as a stranger buys property that person once owned a share of. Article 4614 lets any co-owner bid on, and purchase, the property or interest sold to effect a partition, whether the sale happened by licitation or by private sale.
Buying back into the property comes with a practical credit. A co-owner who purchases has that co-owner's own share of the property, or of the interest sold, credited against what would otherwise be owed. That share is deducted from the purchase price before the co-owner has to pay anything, rather than requiring the co-owner to pay full price and then wait to be reimbursed out of the proceeds.
This gives a co-owner a practical route to end up owning the whole property, or a larger share of it, without needing outside financing to cover an amount already reflecting an interest that co-owner held before the sale.
Frequently Asked Questions
Can a co-owner buy the property at a Louisiana partition sale?
Yes. Article 4614 lets a co-owner purchase the property or interest sold to effect the partition, whether by licitation or private sale.
Does a purchasing co-owner have to pay full price at a partition sale?
No. That co-owner's own share of the property is credited against the purchase price and deducted before payment, rather than paid in full and reimbursed later.
Does this credit apply to both public and private partition sales?
Yes. Article 4614 applies whether the property or interest was sold by licitation, a public auction, or by private sale.