±Your Account


Welcome Anonymous

Username
Password


Forgotten password/username?


Membership:
New Today: 16
New Yesterday: 21
Overall: 57873
Visitors: 141

±Get Email Updates

Notify me when new country content is added

±Financial Advice

Expert advice from finance professionals you can trust

±Newsletter

Newsletter

You must be a
registered user
to receive our newsletter

Register Now!

Leaseback Property Personal Use

France - Leaseback Property Personal Use



Some developments will allow for some personal use for owners during the lease period. This is likely to be either some "free" weeks use in exchange for a lesser yield or it can be in the form of a discount on public prices.

When the personal occupation is in the form of some "free" weeks use, these weeks are normally to be taken in specified periods which are often set out in the lease contract.

It is important that owners understand when they can use the property and what the restrictions are, especially if they have children and can only travel in school holidays.

When there is a discount available this will normally range between 10–25% depending on the management company and the season. Occasionally, some management companies will also offer owners a discount on other properties that they manage.

Sometimes there will be an administration fee charged to owners when they reserve the property for their free weeks use. This is normally less than 75 Euros.

Any reference to personal occupation, whether it be free weeks or a discount, should be included in the lease contract or an annex to the lease contract.






Expat Financial Services

Get free quotes at Expat Focus for a range of financial services from our network of independent experts

Currency Transfers Expat Insurance UK Tax Services US Tax Services
UK Pension Transfers QROPS IRA, 401k French Mortgages US Investment