Things
To Consider Before Buying Property In France
France's succession (inheritance)
laws are different to those in the UK and your property will
not automatically be inherited by the beneficiaries of your
will in the way it might be in the UK.
To ensure your property will be inherited in
the way you wish, your sale contract needs to reflect your wishes
– discuss this with your Notaire.
Glossary
of Key French Property Terms
Here is a glossary of some of the key property-related terms
you will come across in your French property search:
Act
de Vente – Deed of Sale - the final contract
when purchasing a property.
Agents
Immobilier – Estate Agent
Bon
de Visite – An agreement you sign before visiting
a property, stating that you will not buy that property from
anyone else
Compromis
de Vente – Preliminary Contract of Sale, binding
except under certain circumstances
Honoraires
– the Notaire's fees. These are fixed by law and calculated
as a fraction of the purchase price
Notaire
– French legal functionary whose role it is to ensure
the sale is correctly carried out. Their fees are fixed by law
and they are impartial, often acting for both sides of the sale.
Read
On
•
Introduction
• Buying
A Property In France - 4 Easy Steps
• Should
I Get A UK or French Mortgage?
• Getting
A Mortgage In France
• Other
Things To Consider Before Buying In France
• Glossary
of Key French Property Terms
Buying
Overseas Property and Mortgages