Loi Alur French Co Properties Building Repair Fund

French co-properties rules are changing again due to the Loi Alur.

As of January 1st 2017 the Loi Alur is making it obligatory for the individual owners of co-property in France to have set aside money for work that needs to take place on the building. This is a financial reserve voted on at the annual general meeting.

One of the main purposes of this fund is to avoid problems with collection of payment for work that has been done.

Learn more about the new rules and regulations you need to know when you are buying a French real estate located in a co-property. Contact a local English speaking agent.

These new rules and regulations also impact property sellers. We have a network of English speaking French real estate agents to help you. Contact us to find an agent in your area of choice.