Purchases
Purchases
Purchasing a French Property
- When buying a French property, the Contract is followed by a Deed of Sale, as it is in the UK. However, unlike the UK, you sign your Contract on Day 1 and are then subject to suspensive conditions (get out clauses).
- You are given a 7-day cooling off period in case you change your mind.
- You sign your Contract first and apply for a mortgage afterwards. The same applies to any other suspensive condition.
- We provide a detailed report on the Contract stating all relevant terms and conditions. A full translation is not necessary.
- We liaise with the French Estate Agent and/or French Notary. This ensures all changes and conditions are acceptable to the vendor.
- A French Notary has to be involved and he prepares the draft Deed of Sale. We examine the draft Deed and report on it to you fully in writing. Where appropriate we recommend certain changes particularly concerning inheritance matters.
- We also cover purchases of flats and building plots and off-plan sales (i.e. buying a property that has not yet been built).
© 2006 Sean O'Connor