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How long does it take to get a french mortgage?

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In France at this time when you sign the contract with a French notary the contract typically states you have 45 days from the date of signing the ‘compromis de vente’ to obtain approval of your financing. This time line is because it typically takes around 45 days to get your French property loan approval.

This may sound like a long period of time compared to the speed at which you can get a mortgage approved in countries such as Canada however, the French banking mortgage approval process is filled with many layers of approval so at times 45 days is not long enough.

To make sure you are up to date on banking timelines and how to have your application approved  it is best you speak to an English speaking French banker or mortgage broker before you go shopping for a property.

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In French what do call a building permit?

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Sometimes the French words for a property term you know in English are very difficult to imagine. Fortunately, the French term for a building permit is an easy one. A French building permit is called ‘permis de construire’

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How does the droit de préemption urbain work in a French real estate transaction?

When you make an offer to buy a property in France you may find out that after you have signed the compromis de vente that the local government has pre empted your right to purchase the property.

In fact, instead of you being able to buy your dream French property the local government will exercise their pre emptive right to purchase the property (called in French droit de préemption urbain)  This may happen when they may see the property as ideal for development purpose like the creation of an administrative building for the local French government.

To see if the local government wishes to replace you as buyer of the property your notary typically will draft a document called Declaration d’intention d’aliéner (DIA) which is sent to the local government or city hall called Mairie in French. The Mairie has one or two months to reply to this notice and tell the your notary if they wish to exercise their droit de préemption urbain and assume the purchase of the property.

People other than the French government may have a pre emptive right to the property you wish to buy. You need to check with your French notary directly to see if you will be impacted by pre emptive rights.

Learn more about the process of buying a property in France by contacting an  English speaking French notary.

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What is a DPU in a French real estate transaction?

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If you hear someone in France saying that the property you wish to buy may be affected by a DPU this person is referring to the ‘droit de préemption urbain’ which gives a local government agency the right to purchase the property you want before you do.

If you wish to learn more about the unexpected events that may happen when you wish to buy a property in France contact an English speaking French notary.

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What is a land surveyor called in France?

French Villa Entrance

What is the French name for a land surveyor was a question we have often been asked since the name in French does not see to be frequently used.

But if you want to know where the boundaries of your French property are you will need to know who to call. In French the term used to describe a land surveyor is  ‘Un géomètre-expert’.

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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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