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FRELA assists you in real estate law for buyers. We coordinate the parties.

Are you planning to purchase a high-end property? FRELA takes care of coordinating the parties: Notaries and real estate agencies.

FRELA offers a comprehensive service during the property purchasing process. Our real estate layers accompany you to optimize and secure your acquisitions through coordination and monitoring of actions carried out by the parties involved.

Firstly, we will listen to you to understand your project and needs. With this information, we proceed with coordinating the parties. We verify the documents presented and provide advice on your procedures. We enable you to have an overview of the transaction, save time, and minimize your travel with our signature representation and negotiation solution.

Our role in coordinating the parties

The real estate lawyer is a legal professional who is appointed by a client to assist them in the purchase or sale of a property. As such, they are responsible for ensuring the smooth execution of various stages of the real estate transaction and safeguarding the interests of their client.

A real estate lawyer can play a crucial role in coordinating the parties involved in a real estate transaction, such as notaries, real estate agencies, and clients. Their main function is to ensure efficient and secure management of the transaction, ensuring that all legal aspects of the transaction are properly handled and that the interests of their clients are protected.

Specific tasks that a real estate lawyer can perform to coordinate the parties involved in a real estate transaction may include:

Verification of legal documents: The real estate lawyer can help verify that all necessary documents are in order and that the transaction is legal and compliant with the applicable regulations.

Coordination with notaries: The real estate lawyer can communicate with the notary to ensure that all required formalities are completed within the specified timelines. When coordinating with the notary, the attorney agent acts as an intermediary between the client and the notary. They can assist in drafting sales agreements, purchase agreements, or leases and ensure that the agreed-upon clauses and terms between the parties are properly reflected in the documents.

Coordination with real estate agencies: While a real estate lawyer can themselves be appointed for the purchase or sale and directly deal with other attorney agents, they can also work closely with real estate agents to facilitate communication and coordination between the parties. They can ensure that all legal aspects of the transaction are properly managed.

Conflict management: In the event of a conflict between the parties, the real estate lawyer can act as a mediator to find an amicable solution. They can also assist in resolving any disputes that may arise between the parties and support their client in any necessary negotiations to achieve a satisfactory real estate transaction.

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    Real Estate and the Coordination of Notaires in France

     

    Real estate transactions in France are distinguished by a unique legal tradition that heavily involves notaires—public officers entrusted with the authentication and execution of legal documents. These professionals are indispensable to the real estate process, ensuring that transactions comply with French law and protecting the interests of all parties involved. The coordination of notaires is a critical component in real estate transactions, requiring careful management and collaboration between buyers, sellers, real estate agents, and legal advisors. This article explores the role of notaires in real estate transactions and highlights the importance of effective coordination in achieving smooth and legally secure property transfers.
    In France, real estate transactions cannot be finalized without the involvement of a notaire. Unlike in other jurisdictions where private attorneys often handle property deals, notaires act as impartial public officials responsible for drafting, verifying, and authenticating the deed of sale (acte de vente). Their duties extend beyond mere formalities; they are tasked with ensuring that the transaction adheres to French property laws, tax regulations, and administrative requirements. This impartiality distinguishes notaires from legal representatives and makes their role central to the integrity of the transaction.
    The process of coordinating a notaire begins once a buyer and seller agree on the terms of the property sale. Typically, each party has the right to appoint their own notaire. In such cases, the two notaires collaborate, with the seller’s notaire often taking the lead in preparing the documentation while the buyer’s notaire provides oversight and ensures the buyer’s interests are adequately protected. Importantly, the fees of the notaires are shared between the parties, regardless of how many are involved, making it cost-neutral for buyers and sellers to engage their respective professionals.
    The first major task for a notaire is drafting the preliminary agreement, commonly known as the compromis de vente. This document serves as a binding contract between the buyer and seller, outlining the terms of the sale, the property’s price, and any conditions precedent, such as securing a mortgage or verifying the property’s compliance with zoning regulations. The notaire ensures that the agreement is legally enforceable and that all necessary disclosures are made, such as the presence of easements or outstanding debts tied to the property.
    One of the most critical aspects of a notaire’s role is conducting due diligence on the property. This involves verifying the seller’s ownership rights, ensuring that the property is free from liens or encumbrances, and reviewing zoning and planning documents. For buyers, this diligence is crucial, as it protects them from potential legal disputes or financial liabilities after the transaction is completed. The notaire’s impartiality is particularly valuable here, as it provides both parties with confidence that the transaction is legally sound.
    Taxation and regulatory compliance are also within the purview of the notaire. French real estate transactions are subject to various taxes, including transfer taxes, capital gains taxes (for the seller, if applicable), and stamp duties. The notaire calculates these obligations and ensures their payment to the appropriate authorities. Additionally, the notaire handles the registration of the property transfer with the French Land Registry (Conservation des Hypothèques), a process that officially records the buyer as the new owner. This step is essential for the transaction’s legal validity and protects the buyer’s ownership rights.
    The coordination of notaires often involves managing timelines and ensuring that all necessary documents and approvals are in place before the closing date. In many transactions, especially those involving financing, the notaire must coordinate with banks, real estate agents, and municipal authorities. For instance, if the buyer requires a mortgage, the notaire liaises with the lender to ensure that the loan funds are disbursed in time for the closing. Similarly, the notaire may need to secure certificates from local authorities, such as confirmation that the property complies with urban planning regulations or that no outstanding taxes are owed.
    Effective coordination becomes even more critical in transactions involving multiple parties or complex circumstances, such as the sale of inherited property, properties with co-owners, or properties located in protected heritage zones. In these cases, the notaire must navigate additional layers of legal and administrative requirements, often working with other professionals such as estate lawyers, tax advisors, or architects. Communication and collaboration are key to avoiding delays and ensuring that the transaction proceeds smoothly.
    Technology has increasingly played a role in facilitating the coordination of notaires. Many notaires now use digital platforms to streamline document sharing, electronic signatures, and communication with clients and other parties involved in the transaction. These tools have become particularly valuable in cross-border transactions, where buyers or sellers may not be physically present in France. For foreign buyers, the notaire often acts as a central point of contact, managing the transaction and ensuring compliance with French laws on behalf of the overseas client.
    Despite the vital role of notaires, misunderstandings or delays can sometimes arise, particularly when there is a lack of clarity or communication between parties. For example, buyers and sellers may have differing expectations about the timeline for closing or the scope of the notaire’s responsibilities. Real estate professionals, including agents and lawyers, can help bridge these gaps by facilitating communication and ensuring that all parties are aligned.
    Ultimately, the coordination of notaires is about more than completing a legal formality—it is about ensuring that a real estate transaction is secure, transparent, and compliant with the law. Their involvement provides a level of assurance and professionalism that benefits all parties, from buyers seeking to protect their investment to sellers aiming for a smooth and definitive transfer of ownership.
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