Completing the purchase
The Deed of sale or “Acte de Vente”
When purchasing a property off plan in France your
title of ownership is registered in the Acte de Vente document (Deed of
sale).
Approximately 4 to 6 months after signing the
Reservation contract and in order to complete the
purchase, the French Notaire will send a draft of
the Deed or “Projet
d’Acte” by
recorded delivery to your home address.
Completion/signature of the Deed of sale should take
place within one month following the receipt of these
recorded delivery documents. This is important to
remember as developers are in a legal position to
impose a penalty charge for late signing of the Deed.
Prior to receiving the Deed of sale documents from
the Notaire, we would
advise you to seek independent professional French
inheritance and tax advice in order to complete
your new build purchase as best suits your personal
and family circumstances. (more on
French inheritance Law)
What is included in the off plan Deed of Sale
There is a well regulated system for buying off plan
in France which provides complete security for the
buyer within the framework of French law.
New residential developments have to be financially
bonded and building guarantees must be provided by
the developers. French Law requires that details of
the financial bond and building insurance policy in
place are noted in the Deed of sale, together with
planning details and ownership of the land on which
the new project is to be built. The building
guarantees come into force once the key handover has
taken place. (more on New
build guarantees)
Back to Buying
off plan guide
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