Frequently asked questions about Immobilier

Yes. When your bridging loan contract expires and you are unable to repay it, either you succeed in negotiating an extension of the repayment term with your bank, or the bank may demand repayment of the entire loan amount on the agreed date.

No, you are not required to sell, even if a prospective buyer offers the asking price (see, to that effect, Cour de cassation, 3rd Civil Chamber, 12 February 2008, No. 06-21.709, concerning a mandate given to an estate agent; and Cour de cassation, 3rd Civil Chamber, 17 June 2009, No…

Yes. If your works “ modify the load-bearing structures or the façade of the building and involve a change of use ,” you must apply for a building permit (Article R 421-14 of the French Urban Planning Code).