I am in the process of a divorce by mutual consent. My ex-spouse and I purchased a property under the Pinel tax scheme, and the commitment period ends in three years. Can we sell it before this deadline, and what steps should we take?

Yes… but If the divorce occurs during the rental commitment period, one of the ex-spouses may, subject to compliance with all conditions attached to this tax incentive scheme, request to take over the commitment for their own benefit. Otherwise, the tax reduction will be revoked.

It is also accepted that the tax reduction remains applicable to ex-spouses who keep the property in joint ownership. You should contact your notary to draw up a joint ownership agreement (BOI-IR-RICI-230-20-10).