Nov 24, 20193 minRENTAL CHARGES : What do they include?Rental charges are an essential part of any rental agreement. The current rental legislation, the “Bail à loyer” issued in 2006, lists them out and stipulate...
Oct 21, 20191 minCasco: what is it?In commercial real estate, what does “casco” mean? The term “casco” designates a building for which only the external and bearing structure have been complet...
Oct 3, 20191 minThe warrantyA refundable warranty worth a maximum of 3-month rent is requested on the day of entering the property. This warranty is either paid into the landlord’s bank...
Oct 3, 20191 minTermination of contractIt is essential to clearly lay out the terms of the termination and those of its renewal. By law the termination of a contract calls for a minimum notice of ...
Oct 3, 20191 minOverlapping of rental contractsThis is totally forbidden. On one hand, two distinct tenants cannot physically share the same rental property and the landlord cannot receive two rental inco...
Oct 3, 20191 minWhen the tenant wants to exit the rental contractIf a contract is due to end on a specific date, the tenant is simply obliged to complete his/her duties until that date. However if the contract is tacitly r...
Oct 3, 20191 minWhen the landlord wants to exit the rental contractThis instance is strictly regulated so as to avoid any abuse; when the rental contract has an indefinite duration, the landlord can request the exit if only ...
Oct 3, 20191 minWhen a rental property is put on the marketThe curent tenant has the possibility to stay and even benefits from a pre-emptive right in the buying process, if he/she has been renting this property for ...
Oct 3, 20192 minFixed rental charges or actualised charges?Co-rentals do not fall under the general rental legislation of 2006 so quite often the charges are fixed for ease of management. It is up to the landlord to ...
Oct 3, 20191 minBuying land with a view to build on itThe acquisition of the land: The authorities distinguish between “existing neighbourhoods” (“quartiers existants”) inside a commune, and “new neighbourhoods”...
Oct 3, 20192 minThe must have clauses in a residential rental contractWhen negotiating your “contrat de bail”, you will find obvious to discuss some clauses such as the rental price. Some other clauses do not seem so critical y...
Oct 3, 20191 minDecennial Building Warranty & Two Year Building Warranty - Garantie décennale et celle sur 2 ansEnglish version They are insurance covers that are not subscribed to by the owner or the occupier of the property but by the builder/promoter building it. How...
Oct 3, 20192 minTo buy an existing property or to buy off the plans? What to consider?3 main aspects need to be considered when wondering what is the best option for you: Timing: Generally speaking, as soon as the offer you make on an existing...
Sep 20, 20191 minWhat is the Cadastral extract?The “Extrait Cadastral” shows the measurements of the property and, if the property is located in an apartment block, the percentage given to each of the pri...
Sep 20, 20191 minWhat is the Energy Pass?The Energy Pass is an energy report established upon the survey of the property by a certified assessor. A valid Pass is necessary to put a property on the m...