Frequently asked questions about Immobilier

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Creating an SCI to protect the surviving spouse: a good or bad idea?

I've been living with my partner for 5 years, he's a resident of Monaco and I live in Nice. We're not married but we're thinking about it. He wants to protect me financially by opening an SCI in both our names. Will I really be protected, given that we each…
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My father donated a property to me in full ownership. Today, I want to sell it, but the notary has informed me that I need the signature of my brothers and sisters, even though I'm the only one who owns the property. Is this formality compulsory?

Yes. Article 924-4 of the French Civil Code stipulates that heirs with reserved rights may bring an action for reduction or revendication against third parties holding real estate that was donated and subsequently disposed of by the recipient. In practical terms, if your father's gift encroaches on your brothers' and…
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I am 85 years old. Is there an age limit for selling a life annuity?

No . The law does not impose a maximum age for selling a life annuity; on the other hand, this sale supposes a hazard, based on the lifespan of the seller. If it is shown that the purchaser, when signing the contract, could not ignore the high probability of the…
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I am selling a property at auction to be held at my notary’s office. Am I required to provide the mandatory technical inspections for the sale?

Yes. The law provides that in the case of a public sale, the technical inspection report must be attached to the terms and conditions of sale (Article L271-4, I of the French Construction and Housing Code). The technical inspections (such as lead and asbestos checks) are documents prepared by a…
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