What is the Clause Penale in a French real estate contract or compromis?

During the sale of a French property you may read in the compromis de vente the title of a section ‘Clause Penale’.

The ‘Clause Penale’ refers to the amount of money the buyer may have to pay the seller as a penalty under certain conditions when a sale is not completed. We are not lawyers so we recommend you  speak with your English speaking French lawyer and notary to fully understand what this means and how it impacts you legally and financially.

If you need to find an English speaking French property lawyer or notary we can help you find one. Contact us here.