FLASH News

  • compromis de vente
    23/07/2019 0 Comments
    Compromis de vente V Promesse unilaterale de vente

    When two parties intend to enter into an agreement for a property transaction, they first sign a sale agreement to agree on the price and the terms and conditions of the sale. Whether you have an Estate agent or Notaire preparing the contract, they will both have to explain to the parties that this contract can take the form of a unilateral promise of sale (promesse unilaterale de vente), or that of a binding contract (compromis de vente).

    The question will be the opportunity for the parties to choose the form best suited for their transaction. Indeed, under different circumstances, the parties may prefer one form rather than the other.

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  • 22/07/2019 0 Comments
    MARRIAGE AND PACS

    Q: My Belgian partner and I (a UK national) are considering getting married or having a PACS later this year here in France. I've heard of recent law change regarding matrimonial regimes and PACS, can you explain them?

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  • 02/07/2019 - FRANCE TAX LAW 0 Comments
    NEWSLETTER JULY/AUGUST 2019

    Welcome to our July issue and to our new subscribers, last month I attended the annual Notaires’ conference, that took place in Brussels. What a perfect

    place to discuss this year’s topic: International law - Family and Estate planning. The conference is always a very good opportunity to discuss our
    practise, experience and exchange information with professionals, lawyers, University professors. Four committees composed of Notaires work on a subject in connection with the topic and propose relevant suggestions to make the Law evolve.

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  • FRENCH WILL, MARITAL REGIME, HAGUE CONVENTION, E.U REGULATIONS, SUCCESSION, MARRIAGE CONTRACT, ARTICLE 6
    29/04/2019 - FRANCE TAX LAW 0 Comments
    ESTATE PLANNING & MARITAL REGIME

    This month our article is quite different. Instead of treating a specific area of Notarial law, we have provided our readers with a practical case.

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  • 01/04/2019 - FRANCE TAX LAW 0 Comments
    NEWSLETTER MARCH 2019

    Welcome to our March issue. The past few weeks have been rich in reflections on Brexit and it does not make our life easier when we have to advise our clients on international matters. International private law is part of our work on a daily basis.

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  • 18/03/2019 0 Comments
    French residency

    The concept of tax residency links a person to a particular territory for the purpose of determining questions of law (including tax law) that applies to him. In practice, a person’s tax residency is not always obvious or easy to determine, despite its being a crucial element of his relationship with a particular legal system.

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  • 16/01/2019 0 Comments
    NEW E.U REGULATION MATRIMONIAL REGIME AND CIVIL PARTNERSHIP

    Two regulations dated 24th June2016 are complementing the inheritance regulations that came into force lastAugust 2015. After inheritance, so these are matrimonial and registeredpartnerships which are subject to European regulation. 19 members states,including France, wanted to establish enhanced cooperation in these matters. The regulations will come into force on the 29th January 2019.


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  • FRENCH PROPERTY PURCHASE, PURCHASE, FORMALITIES, LAND REGISTRY, CADASTRE, UBANISM, TITLE DEED,
    31/10/2018 - FRANCE TAX LAW 0 Comments
    BEHIND THE SCENE

    I often have clients asking how long does a property transaction take to be completed in France. The average timescale is between 2 to 3 months but often depends on the particularities of each transaction. Indeed, some of you may purchase a property without any renovation work, ready to move in, others may want to renovate or extend it and would require planning permission before signing, a mortgage may be required, a division of lands, or the property/land is occupied.

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  • french property, gift, succession, donation, inheritance tax, usufruit, life interest
    27/09/2018 - FRANCE TAX LAW 0 Comments
    ESTATE PLANNING

    Parents may wish to pass on their assets while they are still alive to their children, perhaps to help them buy a property or to avoid conflict between heirs after a death, or simply to ensure the smooth transmission of a family property.

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  • 17/08/2018 - FRANCE TAX LAW 0 Comments
    MANDATES IN FRANCE

    As a Lawyer, I meet people every day who have lost a relative or become concerned by their future and the possibility of losing the capacity to deal with their own affairs. In England it is possible to anticipate and curb a problem by signing a Lasting Power of Attorney. Alternatively, we may create a trust to administrate those assets posthumously. In France,neither of these forms existed until two recent Laws were passed, which introduced a form of Power of Attorney (mandate) with the purpose of providing the flexibility to organise and administrate a person’s assets or estate.

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  • 06/07/2018 - FRANCE TAX LAW 0 Comments
    WILLS IN FRANCE

    The Notaire who is called upon to settle an international succession is often confronted with a certain number of questions, one of them being the validity of a Will left by the deceased. Making a Will is the most common way for a person to settle his estate and transfer his assets to his heirs. For instance in of common Law Countries (United Kingdom, Unites States…) it is most of a time a testamentary succession.

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  • notaire. fees, french law, buying property in France, stamp duty
    24/06/2018 - FRANCETAXLAW 0 Comments
    NOTAIRE'S FEES

    Notaires in France are Public Officials appointed by the Ministry of Justice and have their own system and practice which is distinctive from the other profession of Avocat or even Solicitors.They are empowered to place the French State Seal on the deeds that they prepare. These deeds fall into a category of public document and are difficult to challenge. We have calls every day from client enquiring what the Notaire's fees are. Notaires always provide clients with a figure to complete the transaction butrarely break it down unless specifically requested.


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  • 08/06/2018 - FRANCE TAX LAW 0 Comments
    SOCIETE CIVILE IMMOBILIERE

    With the recent European Succession law that came into force on 17th August 2015, most of British nationals wonder whether the use of a SCI to hold a property in France still has a benefit. Indeed, the new succession law permits a British national to choose English law as the law applicable to his estate and overcome the compulsory French forced heirship.

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  • french property law, compromis, french estate agent, commission, notaire's fees, completion, suspensive conditions
    10/05/2018 0 Comments
    BUYING IN FRANCE

    The system of buying a property in France is not so different from the one in the UK. Balancing the two systems, none is better or worse than the other but they both have their particularities. Whereas exchange takes place after the formalities have been carried out in England, the French exchange (signing of initial contract) takes place prior to carrying out the searches. The purpose of this article is to give you an indication of the process of purchasing a property in France. In any case it will replace any advice that you would seek through a professional.

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  • FRENCH WILLS, OLOGRAPHE, SUCCESSION, LAW APPLICABLE, RENVOI
    16/04/2018 - FRANCE TAX LAW 0 Comments
    WILLS AND RESIDENCY

    In December, France lost one of its greatest singers and idols of several generations, Johnny Hallyday. The sadness of his death has now been shadowed by a media unpacking around his estate and his Will. Johnny Hallyday had two children from previous unions and adopted two children with his surviving spouse, Laeticia - a situation that is not unusual nowadays. According to his Will, he designated Californian law as the law applicable to his succession and bequeathed all his estate to his wife, to the detriment of his two children from previous unions.

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