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PROPERTY GLOSSARY
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Abri - |
A shed or lean-to - a small outbuilding - From the French for
Shelter |
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Acte de Vente - |
Deed of Sale. This can take place anything from 2 to 4 months after signature of the Compromis de Vente, you must sign this Acte de Vente. Drafted by the notaire and signed at his/her office, this sets out the status of the owner and a definitive description of the property, its boundaries and so on. Upon signature of the Acte de Vente, the buyer pays the legal fees to the notaire with the balance of the purchase price. The vendor usually pays the agency's commission. If this is not the case, it must be made clear to the buyer from the beginning. |
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Agence Immobilière - |
Estate agent's office |
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Attestation d'acquisition - |
Written certificate from the Notaire sent to you after to state the sale is completed |
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Batiment - |
Building |
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Bon de visite - |
Form signed by prospective buyer before viewing a house with a French immobilier to prevent you sunsequently buying it through another agent or privately |
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Bricolage - |
DIY |
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Conditions Suspensives - |
Subject-To Clauses. Contained in a preliminary contract (unilateral commitment to sell or compromise), those suspend the execution of the contract to the occurence of an event. The contract will take all effect only when the event envisaged is carried out. For example, condition precedent of obtaining a loan, a permit building... To be valid, a condition precedent should not depend on the chance or only will on a part. |
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Combles - |
Attic |
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Compromis de Vente - |
A promise to purchase. A preliminary contract signed by the salesman and the purchaser of a real estate either under private signature, or in front of a professional. The compromis De Vente engages the two parties and the purchaser pays a deposit (in general 10% of the selling price) during the establishment of this act. |
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Couverture - |
Can be a blanket but when relating to property it means the
roof |
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Frais de Notaire - |
Total amount of money paid to the notaire on top of the sale price (includes, notaire fees, registration duty, land registration duty and other charges) |
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Fuelle (pronouced 'Fule') - |
Heating oil |
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Hameau - |
Hamlet or small village - usually with no shops |
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Hectare - |
A hectare is 10,000 m²
[107639 ft²] or 100 X 100 meters |
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Hypothèque - |
A Mortgage. The 'Hypothèque' is used to guarantee the payment of a debt contracted on a real estate. It makes it possible for the lender to legally sell the real estate of its debtor if this one would have no possibility to refund the sums due. |
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Immobilier - |
Property or real estate agent |
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Notaire - |
Solicitor. When deciding to purchase a property, you will inevitably be using the services of a French Estate Agent (Agent Immobiler) and a Notaire. The Notaire can, and usually dooes act on behalf of both the buyer and the vendor. He or she is a public official who ensures that the transaction is carried out legally and accurately. There is therefore no need for each party to appoint a separate notaire. The notaire does not give legal advice. The Notaire's fees are not usually included in the property price that you get from the Estate Agent. The Notaire's fees, together with Land Registry charges, local and regional taxes, VAT etc. are approximately 7 to 8% of the purchase price of the property. |
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Parpaing - |
Rendered Block |
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Société Civile Immobilière (SCI)- |
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Surface Habitable - |
Habitable space, usually excludes bathrooms and garage - shown in
square metres (m²) |
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Taxe d'Habitation - |
A local tax, partly means-tested, payable only from the December of the year in which you were the owner. Due on the 1st January in advance |
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Taxe Foncière - |
A government tax on property, payable pro-rata from date of completion to the end of December |
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Toiture - |
Roof |
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Tontine (en)- |
Inheritance arrangement whereby the surviving spouse takes full ownership of joint assets |
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Traducteur Agrée - |
Translator (official) - any documents in English will need to be translated into French by an official translator |
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acquereur |
purchaser |
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accompte |
a percentage of the price paid in advance |
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acte authentique |
legal contract drawn up by a notaire or a public officer |
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acte de substitution |
written agreement substituting one purchaser or lessee for another |
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acte sous-seing privé |
written agreement (pre-sale agreement to the Acte Authentique) |
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acte de vente |
transfer or conveyance of land |
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affirmation de sincerite |
clause staing that the price declared is accurate. |
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agence immobilière |
estate agency |
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agent immobilier |
estate agent |
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amiante |
asbestos |
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arrhes |
sum paid in advance by purchaser or lessee |
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assurance |
insurance |
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attestation d'acquisition |
notarial certificate of purchase |
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attestation pararsitaire |
insect infestation report |
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b |
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bail |
lease |
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banque de consignation |
the bank used by a notaire for the depost of money |
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bon pour achat |
good for purchase |
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bon pour vente |
good for sale |
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c |
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cadastre |
registry |
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carte professionnelle |
estate agents card |
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carte de séjour |
residence permit |
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certificat d'urbanisme |
certificate of zoning (local authority search) |
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certification d'identite |
identity document |
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clause pénale |
penalty clause |
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compromis de vente |
contract of sale or purchase of land |
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condition suspensive |
clause in the contract which is conditional on certain terms being obtained |
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constructible |
land designated for construction under local planning |
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co-propriété |
co-ownership |
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d |
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delai de reflexion |
the period within which you may withdraw |
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dépôt garantie |
deposit |
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designation |
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droit de préemption |
right of pre-emption |
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e |
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EDF |
electricity department of France |
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enregistrement |
the registration of ownership |
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états des lieux |
description or schedule of the condition of the premises |
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expert comptable |
chartered accountant |
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expert foncier |
an agreed professional such as an architect who may report of the value or condition of a property |
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f |
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frais d'agence |
agency fees or commission |
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frais de notaire |
notaires fees |
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g |
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géomètre |
surveyor |
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GDF |
gas department of France |
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HT |
hors tax - without tax |
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hussier de justice |
bailiff |
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hypothèque |
mortgage |
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l |
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location |
rental |
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loi scrivener |
french law protecting borrowers from French lenders and sellers on French property purchases in all cases other than a purchase on plan |
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lu et approuve |
read and approved |
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maire |
the mayor |
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mairie |
the village or town hall |
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mandat de recherche |
a private agreement giving an estate agent power to search for a property |
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mandat simple de vente |
simple mandate without exclusivity |
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mandat de vente avec exclusivité |
mandate to sell a property with exclusivity |
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marchand de biens |
a realtor who deals in property themselves |
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monuments historiques |
listed building |
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notaire |
the notary |
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o |
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occupation |
occupant of the premises |
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offre d'achat |
offer to purchase aproperty - this is not a binding contract |
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offre de vente |
an offer to sell a property - this is not a binding contract |
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p |
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permis de conduire |
driving licence |
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permis de construire |
planning permission |
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plan de financement |
project of financing or mortgage |
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plomb |
lead |
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plus-value |
capital gains on the sale of the property |
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prélèvement |
debit order |
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r |
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regime matrimoniaux |
matrimonial regime i.e. whether married in contract or not |
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resiliation |
cancellation |
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SAFER |
this is a governmental organisation which governs proper usage of agricultural land. They are able to pre-empt certain sales |
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saturnisme |
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securite social |
this is the French national health system |
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servitudes |
rights of way |
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societe |
a registered company |
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t |
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TTC |
all taxes (including sales tax or vat) included |
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TVA |
value added tax |
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taxe d'habitation |
local rates on property occupation |
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taxe fonciere |
local tax on the property ownership |
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termites |
white ants |
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testament |
will |
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timbres fiscal |
revenue stamps - certain official documents require these |
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tontine |
joint ownership |
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usufruitier |
right of usage of the property |
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v |
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