In French real estate, the beginning of the sale of a French property is often seen as the document created by the French notary called the ‘compromis de vente’ which is in essence a preliminary sales contract signed by all parties to the contract.
Before the ‘compromis de vente’ the sale price of the French property can begin in writing when a buyer proposes in a special form of letter called ‘a proposition d’achat’ (a proposal to buy’) where in general the buyer offers a price in writing to the seller that the seller can accept or reject.
Make sure you understand the legal commitment you are making before you sign this document or any other legal document. You as a buyer or seller may want to have particular clauses referred to or indicated in this letter. We recommend you always seek legal advise before you sign a document to buy a property, be extra cautious if you are signing a document in French and you are a native English speaker.
For more details and to understand how this document works speak with an English speaking French notary or real estate lawyer.
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