Frequently asked questions about Immobilier

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I am in joint possession with my sister on a house. We signed a sales agreement with a buyer. My sister wants me to collect the full price. Is she still required to come and sign the deed of sale?

Yes. The notary responsible for drawing up the deed of sale must obtain the consent to the sale of all the joint owners. As regards the breakdown of the sale price by the notary, it is made in proportion to your respective joint rights. Note : if your sister decides…
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I am selling the property that I bought in 1998. At the time the price was expressed in francs. Is the notary obliged to use the INSEE converter to determine the amount of the transaction that shall be carried out in euros ...

... and calculate the capital gain for which I am liable? No. The INSEE converter is a tool that makes it possible to determine the equivalence between two currencies. It takes into account the currency depreciation due to inflation. Nevertheless, to the extent that this tool works on the basis…
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My wife has just passed away. We owned our primary residence. As part of the inheritance tax declaration, am I obliged to apply the 20% deduction on the principal residence of the deceased? ?

Yes. The General Tax Code provides, for the calculation of inheritance tax, that buildings are valued according to their real market value on the date of death. But, with regard to the main residence of the deceased, article 764 bis of the CGI provides for the automatic application of a…
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Confinement: how to manage the signing of a promise or a property sale?

Signatures, when possible, can be done by proxy, according to procedures which will be indicated to you by your notary. It is also possible, if your notary offers it, to attend the meeting by videoconference. Most offices are equipped. For sales agreements, in progress, contact your notary to take stock…
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I am in joint possession with my sister on a house. We signed a sales agreement with a buyer. My sister wants me to collect the full price. Is she still required to come and sign the deed of sale?

Yes. The notary responsible for drawing up the deed of sale must obtain the consent to the sale of all the joint owners. As regards the breakdown of the sale price by the notary, it is made in proportion to your respective joint rights. Note : if your sister decides…
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