2026-09-10 · Louisiana · Compliance

What happened. Louisiana closings have run for years on association payoff letters with no statutory deadline and no statutory consequence for getting the number wrong. Part III of the Chapter, as rewritten by Act 158 of 2024, now supplies both.

The provision, in full

“D. Within ten business days after receipt of a request made in a record, the association shall furnish to the owner a statement of the amount of any unpaid assessments against the owner's lot or unit. The statement shall be binding on the association.”

Two sentences, and each does something. The first sets a deadline running from receipt of a request “made in a record” — a written or electronic request, not a phone call. The second is the estoppel: the number the association gives is the number it is stuck with.¹

It covers condominiums as well as subdivisions

Part III applies to “associations, including associations organized in accordance with R.S. 9:1123.101 or 1141.19” — the first of those cross-references being the Condominium Act's association provision. So the ten-business-day rule is one of the few pieces of the 2024 legislation that speaks to both Louisiana regimes at once.

Note who may ask, though. Subsection (D) says the association shall furnish the statement “to the owner.” It is the owner's request, not the buyer's, the title company's or the lender's — even though in practice a request will usually come from the closing table on the owner's behalf.

1. La. R.S. 9:1145 — Privileges; enforcement, including the ten-business-day statement in subsection (D) ↩
2. La. R.S. 9:1141.36 — Association records ↩
3. La. R.S. 9:3198 — Duties of the seller; property disclosure document, with the Acts 2026, No. 708 credit ↩
4. Act No. 708, 2026 Regular Session (HB 1166) — enrolled Act text ↩
5. Act No. 158, 2024 Regular Session (SB 23) — enrolled Act text, Louisiana Legislature ↩