Legal

Europe Direct – RESPONSE to leaseback problems

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I contacted the Europe Direct contact centre on issues relating to consumer protection  for leaseback owners to no  avail. The response was brief and useless.. The Europe Direct Contact Centre only provides information about the EU’s policies and activities. The situation you describe relates to national law. Therefore you would have to contact national authorities […]

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French Tourism Code

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The investment properties that were marketed at and sold to Irish buyers as leaseback properties with refund of TVA and a guaranteed rent under a commercial lease, are governed by the French Tourism Code. This can be found on the French government site Legifrance.gouv.fr. There have been updates to this code since many of us […]

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Consumer Protection for French Leaseback Owners – RESPONSE

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European Consumer Centre The European Consumer Centre Ireland (ECC Ireland) was established as part of a European wide network to encourage consumer confidence within the EU. ECC Ireland advises citizens on their consumer rights while shopping in another European state. It aims to facilitate easy access to redress and if necessary, the EEC Network also offers […]

Lease

EU Legal Advice for Owners Caught in French Leaseback

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Europe Legal Advisor Your Europe Legal Advice Service provides free advice on your rights within the European Union and can clarify European law that may apply to your case. For owners who bought French leaseback properties under unfair terms and who were misled about the nature of the investment, this may be a route to […]

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French Senate Responds on Leaseback Difficulties

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The French Leaseback issue was raised in the French Senate,the second chamber of French parliament, in July 2014. See the response below (a google translate rough translation) from Ms Axelle Lemaire, Secretary of State to the Minister of Economy. Aware of this situation, in particular through your mobilization, senator, the Government has started at the […]

Lease

Organise Owners in Residence du Tourisme

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There is an umbrella group in France to represent owners groups from French Leaseback owners called Fédération Nationale des Propriétaires de Résidences de Tourisme. The group have been active in supporting owners organisations. The Association of Tourist homeowners was created by FNAPRT to house owners that have no association in the tourist residence where they own property. […]