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Leaseback companies lobbied - PowerPoint PPT Presentation

The tenant appears the day of the oral pleadings in court,

If the tenant appears the day of the oral pleadings in court, the judge often sets a repayment schedule. If the tenant doesnu2019t pay on a timely basis, meaning every month, the lease is terminated without having to refile a claim in court. The landlord is entitled to evict the tenant, with the help of the police and a bailiff. https://frenchrealestatelaw-traesch.fr/leaseback-indemnite-eviction/

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French Real Estate and French Leaseback

Since the 80u2019s and the 90u2019s, several thousand of owners bought leaseback property in France. The operating company states the return profit would be 4 % to 5 % per year. Sometimes the builder sells himself the real estate. During the 2000s, the operators marketed the French Leaseback overseas and especially in the UK and Italy. It was marketed as a risk-free and high return investment. The leaseback schemes were aimed to put enough renting properties on the touristic areas of France. The government and the big leaseback companies present it as a win-win solutions for operator, investor and the economy. The leaseback companies lobbied the MPu2019s int the French Parliament. A lot of buyers thought they will be able to have a holiday home in France after 9 years (or at least 20 years).

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Leaseback companies lobbied - PowerPoint PPT Presentation

The tenant appears the day of the oral pleadings in court,

French Real Estate and French Leaseback