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What does charges comprise mean in English?

esrea france

The French term charges comprise means that the cost includes service charges.

We hope that helped. Now continue to look around our site to see many explanations in English of terms associated with French real estate.

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Are Smoke Detectors Required in French real estate?

2013 New French Property Law Smoke Detectors Required

In France it is now soon to become law that you must install a smoke detector in your dwelling.

The date by which the smoke detector needs to be installed is (according to this French government announcement) March 8th 2015.

For more information of how the smoke detector installation needs to take place you can visit this Government of France information page.

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What does État des lieux mean in French real estate?

État des lieux is an inventory of fixtures in place and the condition of the fixtures and French property that is made by the owner or agent for the owner at the beginning of a lease of a French property. This inventory is repeated for the French property at the end of the lease.

Read more details in French about this process on the French government website

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French Bank Survey reveal Less Oveseas Buyers in France

In general, according to an article on Property Wire based on a survey from the French bank BNP Paribas, overseas buyers are buying less French property.

The overall percentage is a 29 percent drop in the number of non residents buying in France in 2012 compared to 2011.

However, this amount varies according to region. Ile de France had 4 percent less Foreign Buyers while Aquitaine saw a 48 percent drop.  Poitou Charentes was the only region seeing an increase of a full 4 percent.

The British and Italians are buying less property at this time, however, the percentage of Russian buyers is up 27 percent.

Note: according to the survey Russians are not buying multimillion euro properties as people generally think, in fact the average sale price of a property purchased by a non-resident Russian is 700 000 Euros.

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What does a carte professionnelle permit a person to do?

A carte professionnelle can give the right to an individual to operate a French real estate business and charge for their services.

You can ask a French real estate agent to show you their carte professionnelle so you know they have the right to be serving you as a ‘agent immobilier’.

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