How to buy a property in France
France has always been a particularly attractive choice for foreigners from all over the world to own a second home.
Moreover, considering the traditional attachment of the French people to the land, buying a French property is also a secure investment.
The English got it right!
Therefore, acquiring a property in France requires being well counseled and guided.
The intervention of a French lawyer experienced in the field of real-property law is essential in order to optimize and secure the various operations of your project, as only such a lawyer is aware of and masters the hazards and difficulties linked to this sector of activity.
The role of an attorney experienced in the field of real-property law is to advise you in your dealings with the different interlocutors to the operation in hand and to resolve difficulties that are specific to the French market and culture.
The following are the principal points to be dealt with:
- Those related to the title,
- Those related to easement,
- Those related to the first refusal right,
- Those relative to Land use law : the buyer sometimes wants to demolish and/or to build a parcel. Therefore, he has to respect building standards (particular rules implemented for a demolition permit and/or building permit),
- Those created when confronting the French bureaucracy (“SAFER”, etc...), namely when asking for negotiate the price,
- Those related to the contract signed with the seller : the latter will sometimes try to pass over in favor of another buyer,- those related to inheritance law,
- Those related to registration taxes,
- Those related to the financing: should you require any grants or any other loans.
These are just several examples among many others: taxation, social aspects, or the management of the company which may be created or purchased, are other problematic aspects which merit to be considered. Therefore, the acquisition of real estate abroad requires careful and professional planning.
The Picovschi Law Firm, which possess an absolute knowledge of the culture of its country and a solid experience of pleading before the courts as well as in litigation proceedings, is qualified to counsel and help you to pave your way for success.
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