Rory Ramsden – Luxury French Property Finder & Buyer's Agent in south west France
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Rights of First Refusal on French Property

There are different property rules everywhere you go. France is no different. It can be hard to navigate the property market if you don’t do your research. This talks about the right to first refusal. If you want to have property in France you should learn about this so you don’t make any mistakes. It can save you a lot of hassle.

Key Takeaways:

  • Neighboring owners and buyers and sellers can enter into an agreement over preferential rights on the future sale of land or property that may not be on the market.
  • The land or property subject to the right of first refusal may also be tenanted by a third party, and a right of first refusal would provide an opportunity to acquire the property with vacant possession on termination or expiry of the tenancy.
  • A pacte de preference does not mean the seller is bound to sell the property to the beneficiary;

“A pacte de préférence does not mean the seller is bound to sell the property to the beneficiary; it merely means that if they decide to sell they are obliged to offer it to the beneficiary when they put it on the market.”

About the Author Rory

Rory Ramsden is a French property finder and buyer's agent working for high net worth private clients wishing to buy a chateau, manor or vineyard in the south west of France. He has lived in France for 8 years after spending time travelling the world on business.

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