Cap. 16 Art. 1460Right of redemption exercisable against third party in possession.

(1) The seller of an immovable who has reserved to himself the right of redemption may exercise such right against a third party in possession even though no mention of such right shall have been made in the contract whereby such third party shall have acquired the immovable.

(2) In regard to movables, the right of redemption cannot be exercised if the movables have passed into the hands of a third party.