RS 9:2948 Bond for deed buyer deemed owner for purposes of homestead exemption
§2948. Bond for deed buyer deemed owner for purposes of homestead exemption
Notwithstanding any other provisions of law to the contrary, the buyer under a bond for deed contract shall be deemed, for purposes of the homestead exemption only, to own any immovable property he has purchased and is occupying under bond for deed, and may be eligible for the homestead exemption provided in Article VII, Section 20(A) of the Constitution of Louisiana if otherwise qualified. The buyer under a bond for deed contract shall apply for the homestead exemption each year.
Acts 1993, No. 1030, §1.