French Property ? Buyers Guide to buying property in France | Home ...

CompromisThis document is a document signed an agreement to buy the property at an agreed price. The letter was signed by the seller and the buyer and set all the details of the purchase price and signed the first 7 days fees.Once cold season, in which the consumer can withdraw from the sale without penalty. After a quiet period of the contract is valid for both vendors and customers, and can pay a deposit. The average down payment of 10% of the purchase price.

The compromis is a legal and binding contract to withdraw may result in your deposit of 10% is lost. But there is a kind of compromis prepared to allow the removal, in certain circumstances, such as the French refused compromis drawn mortgage.To need a passport, marriage / divorce, the relevant details of the document if you take out a loan to buy property.You should seek advice as soon as you receive the compromis and if it needs to be translated by experts before you sign.Surveys and heritage adviceOnce compromis is signed and payment begins after seeing a notary deposit, checking boundaries, public roads termite inspection test, in addition to removing lead and asbestos. Notaries are responsible for ensuring that this is done and the seller is responsible for the French costs.Unlike not always have a survey done on the property when sold. You may find inspectors in France to offer this service, or registered builders often called to give his opinion. These things must be overcome before signing.French inheritance law is complex and you should consult with matter.The Notaires office late attorney signingThis fact, if you can not afford to France for final signature can see the power and have someone to sign on your behalf . See matterIdeally legal representative must see property upon signing a clause that says ?sold as seen on the day of signature.?

You will need to ensure that the transfer payments account balance came Notaires final time signature, the date agreed for the original supplier is clearly important that this can be achieved if not, you could lose your deposit and most importantly home sales. Money from the sale is not complete unless it is clearly notary bank account.

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Source: http://redevelopks.org/2013/06/french-property-buyers-guide-to-buying-property-in-france.html

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