Lease

What did your Notaire do for you ?

Posted on

In France, a NOTAIRE is the professional charged with real estate transactions. It is different to Ireland or the UK where a solicitor is the professional who handles the sale of a property. The role of a Notaire is fundamentally different in that he acts for both parties in the sale and is therefore duty-bound […]

Legal

Petition Update

Posted on

As of  14 April, the petition has attained 1,304 signatories and continues to grow. The scale of the problem is enormous, but is at least now gaining recognition at EU level. See above for a breakdown of signatories by country.

Lease

Vicky Ford MEP Represents UK French Leaseback Owners

Posted on

Update  from Vicky Ford’s office, 30 May 2017: As you are aware, on 6 April Mrs Ford sent a letter to Commissioner Věra Jourová, Commissioner for Consumers, explaining the experience of victims and asking the Commissioner to investigate. Specifically examining the possible infringement on three aspects of EU Directives: 1.            Mis-selling of the properties 2.            […]

Lease

Irish Owners submit case for mis-selling to CCPC

Posted on

Update 16 June 2017 For details on how to submit your complaint to the CCPC see this post.   On 11th April 2017, with the support of Irish MEP Brian Hayes, 3 Irish owners have submitted their cases outlining the mis-selling of French leaseback properties and how the commercial leases that they signed constitute unfair […]

Lease

Must We Pay Eviction Compensation ?

Posted on

For most buyers of French leaseback properties the notion that the lease did not end at the end of the 9 year period stated in the lease was unwelcome news. In fact, if an owner wants to end the lease at that time, they may have to pay an unspecified but potentially enormous amount in eviction […]