Notaries are often the first to be informed of contentious co-ownership or of squatted property belonging to the owners they represent.
Sale of squatted real estate
In France, all real estate sales are subject to the notary’s scrutiny. The procedure for the purchase of squatted real estate is the same as that for the purchase of any other property.
As a public officer, the notary ensures the proper execution of the contract and confers on it the necessary legal certainty, apart from confidentiality. He/she collects documents in advance and thereby avoids subsequent challenges as far as possible.
In addition, the notary guarantees the preservation of the title deed by retaining it in his/her practice for 75 years. After this period, they are preserved in the national archives.
In complex cases encountered by Squat Solutions, the notary is a privileged interlocutor as he is the holder of all the information essential to the purchase of the squatted property.
Squat Solutions helps you out of this complicated situation
If co-owners (representing at least 2/3rds of the undivided rights) seek to sell a property, they approach a notary. After having verified if the application is admissible, the notary will initiate the sale procedure, and will inform the other co-owners through the bailiff of the joint intention of certain co-owners to sell the property.
In case of refusal by one of the co-owners, the notary would suggest mediation.
Mediation consists of proposing the intervention of a mediator, who is an impartial third party without the power to decide, to co-owners in conflict, to assist them in finding a solution. If mediation fails, the co-owners will then initiate a long and costly legal proceeding.
To avoid this proceeding, the notary often advises his clients who wish to exit the co-ownership to sell their undivided shares. The notary thus connects Squat Solutions and its clients.