Will my French notary make sure I pay my taxes to the French Tax Authorities?

 

During a French property transaction one of the roles of a French notary is to help make sure you pay all the taxes you need to pay to the French government that are a result of the transaction. However, this is a general statement and you must verify and investigate more.

To make sure you understand what actions and taxes the French notary will be involved in on your behalf it is important that you consult with your English speaking French notary.

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What is a property easement called in French real estate law?

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The term for an easement in French property law is a servititude.

A ‘servititude’ gives, for example, the right for one French property owner to access his property by crossing the property of another owner.

This type of servititude typically is given to a property owner that without the servititude (easement) he would have no access to his property.

It is important that servititudes are noted on the title of the property so current and future owners of the affected properties know their rights.

Make sure you contact your English speaking French notary to help you understand the legal implication of any servititude (easement) that exists on a property you are interested in buying. Notaries of France site

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What does a géomètre-expert do in a French real estate transaction?

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A ‘géomètre-expert’ is essentially a land surveyor. He or she works hand in hand with other professionals to, for example, help advise you of the presence of easements attached to land and the potential to build. They can also help you establish the necessary plans to apply for a building permit and help you measure or confirm the size of land and property in France.

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What does la loi scrivener mean in English?

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In French law La loi Scrivener is designed to protect the French property buyer who needs to get a loan.

Your English speaking French notary will help you create a contract that makes sure you are protected by the Loi Scrivener.

Make sure you are up to date so you stay legally protected.

To learn more about the special rules in France that can help protect your rights when you buy a French property you can make an appointment to speak an English speaking French Notary.

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How to reduce your taxes on a furnished French rental property?

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If you have a rental property in France you will want to find solutions to reduce your tax burden.

Apparently you may have an opportunity to reduce your tax burden at this time if you have what is called a fully serviced lease as defined by the French tax office.

The process of qualification appears to be a very complicated process and you need assistance from a Professional French tax adviser or tax attorney.

The French tax advisor or tax attorney can look at the details of the lease you have on your property and see if there are possiblities of legal tax exemptions you can use. In this process they look at many details including whether your property is registered as a company in France.

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Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.