LEGAL INFORMATION
LOREA ESTATE with its principal place of business located at 5 Allée Loriak, 64600 Anglet, is managed and administered by Mrs Pascaline Rousse, sole trader and qualified Real Estate Agent, registered in the Bayonne Trade and Companies Register under the number 852 592 229, certified as an official Estate Agent for residential and commercial properties under number CPI 6401 2020 000 044 672 by the CCI of Bayonne – Pays Basque, on 21 February 2020, guaranteed by GALIAN Assurances, 89 rue de de la Boétie – 75008 Paris, for all transactions on residential and/or commercial properties without dealing with funds and insured by MMA Entreprise, 14 boulevard Marie et Alexandre Oyon, 72030 Le Mans Cedex, for all transactions on residential and/or commercial properties
AGENCY FEES
Real estate agents are subject to the general consumer information provisions prescribed in the Consumer Code, and specified, from April 1, 2017, by the decree of January 10, 2017 relating to consumer information by professionals working in a real estate transaction.
FEES SCHEDULE TRANSACTION 2020
LOREA ESTATE fees are as follows:
- Villa, house, duplex, flat, garage or any other type of residential property: 5% of the net price, all taxes included.
- Building plot, commercial premises, business assets: 10% of the net price, all taxes included.
- A minimum amount of € 350, all taxes included, is charged on all properties with a low transaction value. Agency fees are included in the sale price. The fees are the responsibility of the party indicated on the sales contract and / or the property search contract. VAT at the rate currently applicable is 20%.
LOREA ESTATE is at your disposal, if you need any additional information on selling or buying residential or commercial property in France, French tax systems, international property investments and any relevant French, European and international legislation and regulations relating to these types of transaction.