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December 27, 2018  |  By Grégory HANSON  |  In Banking law

Can a French bank obtain repayment of unpaid mortgage from a debtor residing in another EU country?

I am frequently questioned by property owners in France facing difficulties to repay a mortgage signed with a French bank. Under French law you cannot just “give the keys back to the Bank”. Any transfer of property implies a deed of sale through a French solicitor (“Notaire”). If an owner stops repayment, it is very […]

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November 24, 2018  |  By Grégory HANSON  |  In leaseback

How can you obtain a two year suspension of payment of mortgage installments?

Many individual investors having acquired properties in France under leaseback programs are now facing difficulties to pay the monthly installments of their French mortgage. These investors had purchased a property in France, usually in a “Residence de Tourisme” To beneficiate from this tax advantages (notably reimbursement of VAT), all the investor in a residence had […]

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Recent articles

  • France – Divorce – simplification for non French – from 01 January 2021
  • France – mortgage – Coronavirus
  • France – leaseback issues- Coronavirus
  • France – divorce – Coronavirus
  • Some basic information on French inheritance law and inheritance taxes
  • Inheritance law, enforcement of EU REGULATION 650/2017 in France
  • Hanon Law “Loi Hanon” March 17 2014 brings simplification to termination of house insurance contacts on French properties
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Categories

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  • Commercial lease
  • Corona virus legal issues
  • Divorce "à la française"
  • French inheritance law
  • General
  • leaseback

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