Buying properties in France

http://www.paris.notaires.fr/


Buying in France : Preliminary contracts

The sale of property is almost always preceded by a preliminary contract under the terms of which the future buyer and seller express their interest in the transaction whilst providing themselves with time to verify feasibility (obtain financing or preliminary documents or information, etc..).

There are three main types of preliminary contract : the unilateral commitment of sale, the purchase ofer and the provisional agreement of sale. Each of these instruments has important and different consequences to which your notaire, if contacted before you commit yourself, will draw your attention and will provide pratical advice.

You should never rely on the title of the instrument : these are binding "commitments" and "offers" (respectively in French, "promesses" and "offres"). Only by carefully reading the contents of the instrument can you understand to what you are committed.

Do not forget that the terms and conditions of the sale are set from the preliminary contracts onwards.It will be very difficult to amend these terms thereafter.

More informations ....

http://www.paris.notaires.fr/UPLOAD/files/23edca44dfc10b6a/Avant-Contrats%20_%20ANGLAIS.pdf


Publication Realty Gold World and http://www.mariscalco.com/