What is the délai de rétractation in a French real transation?

In France the ‘délai de rétractation’ is the second name for the SRU law, the seven day mandatory cooling off period given to individual buyers of property in France once they have signed a contract to purchase most residential property.

During this period of time the buyer can annul the contract and the seller has no comeback. In contrast, the seller does not have this same option to cancel.

Important Note: there are exceptions to this rule, that is not everyone is permitted to use this 7 day cooling off period exit rule to cancel a contract. Make sure you are qualified by speaking with your French notary before you sign a French property purchase contract. 

If you would like we can help you get in contact with an English speaking French real estate agent or an English speaking French notary please contact us here.