Louisiana's concept of 'lesion beyond moiety' allows a seller to:

Correct Answer

B) Rescind a sale of immovable property if the price was less than one-half of the fair market value at the time of sale

Under Louisiana Civil Code Art. 2589, a seller of immovable property may seek rescission if the sale price is less than half the fair market value at the time of sale. The action prescribes (expires) after one year from the date of sale. Note: lesion beyond moiety protects only the seller of immovables (not the buyer, and not for movable property). This civil law concept has no equivalent in common-law states.