French notaries and French Syndics (property management companies) are working hard to fulfill the requirements of the new loi Alur when a property is being sold. The French property owner also needs to make sure certain new documents are attached to the sale document.
The Loi Alur now requires the owners to better inform potential buyers of the condition of the building which includes but is not limited to the supply of the following documents:
One
The complete copy of the co-property rules
Two
The minutes of the last 3 years of the annual general meetings
Three
The amount of the current expenses of the estimated budget
Four
The overall amount of unpaid charges by owners (since this can become part of a debt payable by the new owner)
And more documents (see your notary for a complete list)
To make sure you understand all the new changes contact an English speaking French Notary
Below you can get your free introduction ebook about French real estate mistakes to avoid
Get your FREE copy today
Request below via the sign up form. Just scroll down, add your email and click Subscribe
This request also entitles you to our biweekly ezine and you can unsubscribe anytime.
Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.