Having found that the corporate purpose

This decision provides important insight into your property law. Here is what it changes for you.

The situation

Having found that the corporate purpose of a property investment partnership (SCI) was the acquisition, administration and management by letting or otherwise of all furnished and fitted buildings and real property, and having noted that the transaction had a direct connection with that corporate purpose, the Court of Appeal rightly deduced that, not being a non-professional purchaser, it could not benefit from the provisions of Article L. 271-1 of the Construction and Housing Code.

What the law says

This decision confirms the fundamental principles of property law.

Key points to remember

• Strictly comply with the statutory time limits for taking legal action
• Keep all your supporting documents (title deeds, legal instruments, correspondence)
• Plan ahead: preventive advice always costs less than litigation

For an analysis of your situation: 30-minute consultation at €45 with Maître Zakine.