The process for selling property is just a mirror image of
that for buying it. If you read the information about buying
a property, you should find that it tells you what you need
to know.
The only point worth noting is that if you sell property,
you may be liable to a sort of capital gains tax. If the property
is not your principal residence, or if you are not resident
in France, then you will be taxed on the nominal profit on
the sale, allowing for (properly documented) expeses. If you
sell within two years the rates are penal - to discourage
property speculation. After two years a proportion of the
profit is subject to tax, the proportion decreasing each year
for twenty years, after which no tax is payable.
Remember that the notaire is also a tax
collector for the French State, and he will make sure your
tax payment is made fromn the sale proceeds.
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Back to: Inheritance Law
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