SERVICE INTERNATIONAL COOLING OFF PERIOD

COOLING OFF PERIOD-CHANGE IN THE LAW

IMPORTANT UPDATE

 

With the Law "Macron" of August 8, 2015, France has just changed its cooling off period known as "délai de rétractation" to 10 days.

The entitlement for a cooling off period comes from article L 271-1 of the French Code de la Construction et de l'Habitation.  It is a window for the purchaser to withdraw from the purchase process, which was previously  7 days.

The cooling off period runs from the day after the reception by registered post of the fully signed contract. When you receive your copy of the contract, do not forget to sign and write the day of receipt on the pink slip attached to the envelope, and send this back to us.

Please note that if you live in France, the cooling off period runs from the day after the "presentation" of the recorded delivery. It means that even if you do not receive the delivery the 10 days are running.

Bear in mind that if the Notary gives the full  contract to the purchaser in person once it has been signed this avoids the problems of presentation or reception, and the 10 day cooling off period runs from the following day.

 

Laurent Bounet.



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