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The French Leaseback
What is an Acte Authentique?
After signing the “Compromis de Vente,” both parties enter a 10-day cooling off period where the buyer can withdraw if he or she pleases. If there is no withdrawal, the two parties can sign the final contract called the “Acte Authentique.” This must be done in front of the buyer and seller’s notary/notaries, and all documents and funds must be in order to do so. Only then will the buyer become the new registered owner of the French property or leaseback.
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