What are the stereotypes about the French?

The notary in France provide you with a legal advice about type of ownership (individual or through the company), the taxes and inheritance law.

The real estate  acquisition (property transfer) taxes  in France are around 7% of the property price and  the furniture and the agency fees are deducted from the price.

Signing a preliminary contract the buyer has to pay a deposit 10 % of the price or another  amount discussed between the parties.

After the signature there is 10 days cooling period when the buyer can renounce to the property purchase.

Usually the final deal (the completion) is supposed to be not later than in 2-3 months after the preliminary contract is signed .

However the notary could be ready to sign early or the parties could discuss a longer period of time for the completion if necessary.

You can sign preliminary and final deal on distance providing your notary or another person with a power of attorney or via an electronic signature available since the pandemie in 2020.

By the  day of final agreement the buyer has to sent a total amount to the notary’s amount.

The day of completion the buyer receive a certificate of property as a new owner and the keys from the property.
He has to ensure the property and transfer all contract (electricity, gaz, water, internet) on his name.

The buying property process in France is very secure for the buyer and all payments are made by the notary’s account who guarantee the security of the deal as a public officer.

There is no restrictions for purchasing  a property in France by non residents and foreigners.

I help you on all steps of this buying process. I also recommend  English speaking competent  notary offering a personalised approach.