A taxpayer is liable for the real estate wealth tax when the total value of their real estate assets exceeds €1,800,000 (Article 964 of the French General Tax Code). In the situation described, the law provides that the property must be declared at its full ownership value in the usufructuary’s…
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Buying real estate during divorce proceedings is possible, but the operation is risky. Under the old contentious divorce regime (procedures initiated before January 1, 2021, as in your case), the date of the effects of the divorce between the spouses is fixed on the date of the ONC, subject to…
No. Article 4 of Law No. 89-462 of 6 July 1989 provides that the landlord may arrange viewings of the rented property for the purpose of its sale for up to two hours per working day, excluding public holidays.
Yes . When the spouses are married under the regime of the legal community, three patrimonies are to be distinguished: the patrimony specific to each spouse and the common patrimony. During couple life, financial movements often take place between the different assets. The mechanism of rewards is intended to restore…
In principle, property tax is due by the owner on January 1 of the current year. As a result, in principle, you are liable for it. However, it is customary to specify in the deed of sale that the seller and buyer will share the burden of this tax on…