The fact that a company which, under the

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

The situation

The fact that a company which, as a limited liability company, acquired a property as a property dealer, transforms into a property investment company, cannot effect a transfer of the property that would, by application of Article 1115 of the French General Tax Code, give rise to exemption from registration duties, since the transformation effected pursuant to Article 221 of the same Code concerns only the assessment of corporation tax and not registration duties.

What the law says

This decision confirms the fundamental principles of property law.

Points to note

• Strictly comply with statutory time limits for appeals
• Keep all your supporting documents (deeds, instruments, correspondence)
• Plan ahead: preventive advice is always cheaper than litigation

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