In order to give the best results at the time of sale, a property must show its origins from its acquisition to its renovation.gocier in the best time and with a maximum of security, as Philippe Hogrel, president of the interdepartmental chamber of the notaries of Corrèze, Creuse and Haute-Vienne explains it to us.
Why does the sale of a property require a good preparation ?
Me HOGREL : A well prepared and properly collated sales file allows to save a lot of time before thedrafting of the preliminary contract and the final deed. This meets the expectations of buyers who want to take possession of their new home quickly.
What conditions must be met for the sale to go smoothly ?
Me HOGREL: If the property has not been altered in any way, it is sufficient to refer to the title deed and the transaction can be registered as soon as possible. On the other hand, in the case of a rental property, for example, the calculation of the capital gains tax must be taken into account. Likewise, if the house has been renovated, it is advisable to gather the invoices for the work done in order to defiscalize the corresponding amounts and to guarantee the purchaser. Concerning the land, is it encumbered by an easement... All these examples show that it is important to have a preliminary meeting with your notary to list all the useful documents and information to be gathered in preparation for the sale. Anticipation is the key to a smooth transaction!
What precautions should be taken to sell a renovated property ?
Me HOGREL : Some well-intentioned owners are overflowing with energy to carry out work, like the beaver... At the risk of burningAt the risk of skipping a few steps and evading regulatory obligations such as the prior declaration of work or the filing of a building permit. With the consequence of heavily modifying the designation of the property between the state in the past and the current situation. Indeed, a garage can now house a bedroom, a barn adjoining the house can be used as a living room and the garden can contain asbestos that used to cover an outbuilding... All these problems delay the sale since the notary must take all precautions to ensure that the buyer is fully informed. This is why the notary carries out an audit of the building and compares it with the title deed so that the preliminary contract reflects the current situation of the building.
How does the notary best accompany the sellers ?
Me HOGREL: All the investigations carried out by the notary must not be perceived as an obstacle to the freedom to sell quickly. On the contrary, our mission is to secure the transaction for both parties. If I take the example of an attic converted without authorization, the notary recommends that a declaration of work be made after the fact. A situation that can lead the buyer to give up if the procedures are not respected. All these verifications help to avoid unpleasant surprises!
In what way does the notary act in perfect impartiality ?
Me HOGREL: During a sale, the research is not only about the property but also about the people. It is necessary to make sure that the purchasers are not in a situation of judicial liquidation for example. In all cases, the notary acts with complete impartiality in drawing up the contract, on behalf of both the seller and the buyer. Many examples show that a prepared file results in an accelerated sale. Indeed, only the notary masters perfectly all the verifications that allow to achieve an efficient and reliable transaction.
Interview taken in April 2022 by C. Raffaillac