Once you’ve found your dream home in France and agreed a price, it’s almost time for those champagne corks to start popping! But before that, there’s a little more to do – we’re talking about the legal transfer of the property from the seller to the buyer which involves paying a deposit (usually at least 10%) and (usually) two sets of paperwork.
“The compromis, as the name suggests, is a legally binding promise between the buyer and seller, generally known in the UK as the Initial Contract.”
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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