Terminationofthelease Frenchleasebackskiproperty PowerPoint PPT Presentations

We fell into a dispute over the findings of a ground study and no longer wanted to complete our French property purchase. We felt that French Law supported our case but were unable to persuade the seller, and the notaire was unhelpful. We quickly became comfortable communicating our position in English and trusting M. Traesch to represent us to the other parties. He successfully negotiated the return of our deposit at a reasonable cost.

Since the 80’s and the 90’s, several thousand of owners bought leaseback property in France. The operating company states the return profit would be 4 % to 5 % per year. Sometimes the builder sells himself the real estate. During the 2000s, the operators marketed the French Leaseback overseas and especially in the UK and Italy. It was marketed as a risk-free and high return investment.

Since the 80’s and the 90’s, several thousand of owners bought leaseback property in France. The operating company states the return profit would be 4 % to 5 % per year. Sometimes the builder sells himself the real estate. During the 2000s, the operators marketed the French Leaseback overseas and especially in the UK and Italy. It was marketed as a risk-free and high return investment. The leaseback schemes were aimed to put enough renting properties on the touristic areas of France. The government and the big leaseback companies present it as a win-win solutions for operator, investor and the economy. The leaseback companies lobbied the MP’s int the French Parliament. A lot of buyers thought they will be able to have a holiday home in France after 9 years (or at least 20 years). https://frenchrealestatelaw-traesch.fr

We were unsuccessful over many months in our endeavours to sell our lease-back apartment in La défense, Courbevoie. However, within a matter of weeks following her appointment as our attorney, Me PROT was able to source a buyer through her extensive network and to negotiate favourable terms of sale (alleviating the need to appoint a separate sale agency). Indeed, her firm took care for us of all the sale formalities and legal procedures from start to finish and it was a great relief to be able to rely on her expertise through this path of potential pitfalls, especially for foreigners unfamiliar with the French processes and language. We are confident that in placing your trust in Me PROT, she will act in your best interests, as if they were her very own at stake ! https://frenchrealestatelaw-traesch.fr