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La. Rev. Stat. § 13:4362

Return of deposit if no loss, or of portion if loss does not exceed deposit

Louisiana · Louisiana Revised Statutes Title 13 — Courts and Judicial Procedure · Status: effective

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La. Rev. Stat. § 13:4362, Return of deposit if no loss, or of portion if loss does not exceed deposit, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2695657
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After the second sale has been completed and the entire sale price has been paid, if no loss has resulted because of the resale, the deposit shall be returned to the first purchaser. If a loss has resulted and a portion of the deposit remains after payment of the loss, that portion shall be returned to the first purchaser.