Frequently asked questions about Donation

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I am considering donating shares of an SCI (real estate company) to my children. Does this donation fall under the urban pre-emption right?

No. The urban pre-emption right allows public authorities (municipalities, local communities, etc.) to substitute themselves for the buyer or donee in the case of a transfer of property, such as a sale or donation (Art. L210-1 et seq., Urban Planning Code). Exception: there is no pre-emption right when the donation…
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Several years ago, I built my house on a piece of land owned by my sister. When I decided to sell the property, I discovered that my name was not on the title deed. Is this normal ?

Yes. Under French law, the principle is that ownership of the land includes ownership of everything on and beneath it (Article 552 of the Civil Code). This means that even if you financed the construction of the house, your sister remains the owner. For the house to become your property…
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I would like to donate a sum of money to my grandchildren, but I am 82 years old, is it still possible?

Yes. It is always possible to make a donation, regardless of your age. However, the beneficiaries of the donation will not be able to benefit from the special allo-wance of 31,865 euros applicable to donations of sums of money (from article 790 G of the General Tax Code) granted in…
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