What are the cases of exemption from capital gains tax for French people and for foreigners selling their property in France?

What are the cases of exemption from capital gains tax for French people and for foreigners selling their property in France?

The capital gain sale may be subject to income tax and social security contributions. However, there are some exceptions, as some disposals may be exempted. What cases are subject to an exemption from capital gains tax? The transfer of the principal residence This is the main case that is subject to a capital gains tax exemption. Whether you sell an…

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What are the deadlines for the various diagnostics for the sale of a house?

What are the deadlines for the various diagnostics for the sale of a house?

The validity of a deed of sale requires 9 mandatory diagnoses. This regulation was born with the Carrez law. All these diagnoses must be carried out by a mandated professional. Otherwise, they will not be valid and the owner will incur a penalty. What about the deadlines for these diagnoses? Duration according to the number of diagnoses The time required…

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Drafting a preliminary sales agreement: what is the list of documents to provide?

Drafting a preliminary sales agreement: what is the list of documents to provide?

If you wish to purchase a property on the French Riviera, a preliminary sales agreement will be signed before a notary or under private signature. The purpose of this contract is to establish an agreement between the seller and the buyer on the conditions of sale. A period of approximately three months will then be allowed before the final deed…

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What are the holding periods of a property and their influence on the capital gain?

What are the holding periods of a property and their influence on the capital gain?

The length of time a property is held has an impact on the capital gain. The most obvious consequences are the exemption and the abatement. However, there are some conditions to achieve the latter. Discover in the article the holding periods and their consequences on the capital gain. Abatement with respect to the holding period After the valuation of the…

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When should I sign the sales agreement?

When should I sign the sales agreement?

Also known as a synallagmatic promise to sell, a compromis de vente is signed when the seller agrees to sell his property to a buyer, for a previously agreed price. It thus formalizes an agreement in principle between the buyer and the seller of a property. When the preliminary sales agreement is strictly regulated, it can be signed at the…

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