30th August 2022
What happens in a French property sale if the property is damaged prior to completion taking place?
As most readers may well be aware, the legalities of the sale of a French property are a two-stage process. It begins with signing of the sale and purchase contract, the compromis de vente and finishes with signing of the deal of sale, the acte authentique.
The importance of the sale and purchase contract cannot be understated as it is legally binding on both parties, subject only to a 10-day cooling off period for the buyers, any conditional clauses contained in the contract and establishing that the seller has proper title.