Print
insiderCMYK


A weekly e-letter sharing insights, recommendation, tips and discoveries about property in both Paris and France!
A Free Weekly Newsletter Written by Adrian Leeds®  and Published by the Adrian Leeds Group


 Chambre de Notaires, Paris

Le Notaire...Après Vente

French Property Insider
Volume XVII, Issue 13
Thursday, March 28, 2019 • Paris, France

Don't miss a single issue of French Property Insider! "Whitelist" French Property Insider by adding "[email protected]" to your address book.


 
FOR RENT: Le Poet de Saint-Michel, 6th...in the heart of St. Michel
 

For rent in Paris - Le Poet de Saint Michel

For rent in Paris - Le Poet de Saint Michel

For rent in Paris - Le Poet de Saint Michel

Available immediately for a one-month rental or more...a one-bedroom duplex  apartment with a bonus sleeping/working space, near the Seine and Place St. Michel, priced from €1960/month plus €100/month estimated utilities.
 
With the Seine and the Ile de la Cité visible at the end of the street, and the Luxembourg gardens within 10 minutes on foot, this is a location for enjoying the center of Paris, every single day. This is a cozy 42m2 duplex offering one full bedroom with lots of closet space, and a second sleeping or working area upstairs. The kitchen opens to the living room, with a view onto the courtyard. The apartment is quiet, both on the courtyard and street side. Rue Séguier is a small residential street, far enough away from cafés and bars. These can be found on the lively adjoining street, Saint André des Arts.
The kitchen is fully equipped and well appointed. The bathroom includes bath/shower and toilet all in one room. Located on the 3rd floor with an elevator, the apartment offers plenty of light on all sides. Enjoy the authentic Parisian charm of this apartment, featuring original wooden floors downstairs, and "tomettes" upstairs.
 
For more information, see: paris-sharing.com/




Bonjour French Property Insider Subscriber,

Historical photo of the Chambe de Notaires, Place du Châtelet Historical photo of the Chambre de Notaires, Place du Châtelet

Interior of the "chambre" Interior of the "chambre"

We often talk about the role of the Notaire up to the purchase or sale, which can take many months, but he has lots to do after the fact, too — what we might call "après vente!"

First and foremost is to ensure that the keys are delivered to the new and rightful owners. While the seller is in possession of them — it's still the responsibility of the Notaire that they pass over to the buyer...all of them. There are rare times when the buyer can have access to the property before the final sale or even not well after the sale for a variety of reasons, but those provisions must be addressed in the Acte de Vente (deed).

The publication of the sale is an essential formality accomplished by the Notaire within a maximum period of one month after the signing. It officially informs the French government of the existence of the sale. Once the sale is published, a guarantee (such as a mortgage, etc.) can no longer be entered on the property on behalf of the previous owner. On the occasion of this formality, the registration fees and the property advertising taxes are paid, as well as any capital gains tax. Where applicable, the mortgage is also registered.

The Notary SignThe Notaire's official sign

The role of the Notaire - la signature

In the case where the sale relates to condominiums, the Notaire must notify the transfer of title to the "Syndic" (managing entity) by letter with acknowledgement of receipt, within 15 days from the date of sale. The Notaire then releases the funds upon the signing of the final deed to the Syndic the amounts remaining due. In addition, concerning any transfer of ownership of a lot or a fraction of a lot, the Notaire must notify the Syndic that the buyer is then considered as the new co-owner.

When the property is purchased by means of a loan, a notification of the sale is made to the insurance company of the purchaser and the syndicate of co-owners (or homeowner association). In fact, the Insurance Code gives creditors benefiting from a lien (or "hypothèque") the right to receive the indemnities due by the insurer in the event of a claim. The insurer not informed of the existence of the preferred creditor, and therefore in good faith, could validly make the payment of the indemnity in the hands of the purchaser. Notifying the sale to the insurance companies avoids this risk and reinforces the protection of the creditor.

When all is said and done, many months later, the Notaire sends the purchaser his title deed with the final statement of account...and there's usually a refund for an overpayment of tax. That's the nice surprise!

A bientôt,

Adrian Leeds - Nice, France

Adrian Leeds
Adrian Leeds Group


Respond to Adrian

 

 

 

 

John G. Jones with Adrian Leeds on the set of House Hunters International

P.S. If you didn't have a chance to see the latest House Hunters International episode, Season 139, Episode 8, "Finding a Voice in Nice, France" you can watch it on Youtube NOW and for a limited time. Click here today!

 

 



April's
Après-Midi: Speaking of House Hunters International...
Adrian Leeds on House Hunters International

April 9, 2019

Adrian Leeds, Real Estate Agent, House Hunters International

Adrian Leeds has "starred" in 37 episodes of HGTV'S House Hunters International episodes since 2006, as a French property consultant who helps people realize their dream of owning property in Paris and all of France!
 
Join Adrian as she shares three or four of her episodes from House Hunters International. She will also talk about her experiences taping the shows and will open the forum to questions.

Don't miss it!

The second Tuesday of every month 3 p.m. to 5 p.m.
For more information, visit Après-Midi
 
 

Buy and sell with French Property Insider classifieds!

Earn money. Become an Introduction Partner of French Property Consultation!

Read past issues of French Property Insider...


Facebook  LinkedIn  Twitter  |  Forward this e-mail to a friend  |  Click here to view it online
Click here to subscribe to French Property Insider

Copyright 2019 Adrian Leeds®
Adrian Leeds Group® adrianleeds.com
PAdrian Leeds® is a registered trademark in France. INPI: March 10, 2006, #063416238. Adrian Leeds Group® is a registered trademark in France. INPI: December 22, 2014, # 14/4144068. Anyone using these brand names or any kind of advertising without permission may be prosecuted. AdrianLeeds.com, AdrianLeedsGroup.com and AdrianLeedsEnterprises.com are reserved domains for exclusive use of Adrian Leeds® and Adrian Leeds Group®.