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REAL ESTATE SALES: Creation of a new official deed (“acte authentique”)

May 2009 - Real Estate & Property. Legal Developments by Bersay & Associés .

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Any promise of sale (“promesse de vente”) granted by a natural person, having as its object the sale of a building or of an interest in land, whose term of validity exceeds eighteen months, or any extension of such promise bringing its term to eighteen months, shall henceforth be memorialized in an official deed (“acte authentique”).

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