A contract between buyer and seller establishing the terms of a real property transaction including price, contingencies, and closing timeline. Louisiana's employee-friendly legal climate creates specific considerations for PSA drafting and enforcement.
Analyze Your PSA Free →Louisiana has strict statutory requirements for non-competes: must specify parishes (counties) by name and limit to 2 years.
La. R.S. § 23:921 requires parish-by-parish specificity — a statewide non-compete is void on its face.
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