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In France what is a property listing agreement called?

French Stone Tower

In France a property listing agreement is called a mandat de vente. It is a very detailed document.

If you don’t fully understand written French and you prefer to do business in English you will need to find an English speaking French real estate agent or notary to explain to you all the details in a French property listing agreement , mandat de vente.

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What does HT mean when written after Honoraires in France?

French Stone Wall and Doorway

HT is the French abbreviation for ‘Hors Tax’ which means that tax has not been added on yet. If HT is written after Honoraires in a publicity or in a contract you still as of the time of writing need to pay tax on what you are purchasing.

Make sure you are up to date, get advise from an English speaking French real estate agent or English speaking French notary today.

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Is TVA the french service tax included in real estate commissions?

Stone Bench in France

In France at this time TVA in general is the equivalent to Value Added Tax (V.A.T.) in English and Goods And Services Tax (G.S.T.) in Canada.

The TVA is NOT automatically included in the commission fees you will be charged when you buy French real estate so you need to find out if the commission you are paying is HT which means hors tax (before tax) or TTC which means ‘toutes taxe comprises’  all taxes  included.

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What does honoraires mean in a French real estate?

Bonifacio Corsica South of France

The French word honoraires in French real estate refers to the fee charged for the service offered. This may be a flat fee or a percentage. The honoraires can be generally interpreted to mean commissions.

It is important to note honoraires can be payable during a real estate sale or purchase and they can also be payable when you are renting a property through a real estate agency.

Confirm if honoraires will be payable before you sign any contract involving French real estate.

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Is it the buyer or sellers French notary who drafts the compromis de vente?

Port of Nice, French Riviera

At this time in France when you wish to purchase a French property it is important for you to know that you have a choice over the notary you work with. But it will not be your notary who prepares the compromis de vente.

In fact, even though you as the buyer are paying all the fees for the notaries involved it is the notary who was chosen by the seller who prepares the first draft of the compromis de vente.

This is because the seller’s notary will typically have all the documentation on file to create the original draft of the compromis de vente.

You can confirm that this is still the current guideline by visiting the english section of the Notary of France website here.

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

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