The detention by several persons of a property through an SCI (“Société Civile Immobilière”) avoids the disadvantages of a joint ownership scheme under which, for instance, the heirs of an estate are subjected, or the non-married couples in the case of a real estate property bought in common.
This SCI’s guide for property management will review some of the more common aspects and provide some information on the legal vehicle if you wish to incorporate one
Download the PDF document : FRENCH SCI – GUIDE FOR PROPERTY MANAGEMENT
Contact Maître Benjamin A. Kergueno, Attorney at Law today if you are willing to incorporate an SCI when buying a property on the French Riviera. Maître Benjamin A. Kergueno, LL.M will provide you with a full set of informations and with the adequate counsels for reaching your objectives.
For more information or to schedule an appointment with an experienced lawyer regarding the SCI’s aspects under french law, please contact us.