The Declarations by the seller of the immovable – Divided co-ownership form 

The mandatory form Declarations by the seller of the immovable – Divided co-ownership must be used for a transaction involving the sale, by a natural person, of a divided co-ownership property. It enables the seller to declare the current state of his property to avoid potential lawsuits and allows the buyer to have all the details to make an informed decision.

This mandatory form must brought to the attention of the buyer and is inextricably linked to the Promise to purchase. Its specific questions, which the seller must answer to the best of his knowledge, allow the buyer, for example, to know if the property is rented or has already been rented or if it is equipped with safety devices such as sprinklers. In addition, the form will enable the buyer to learn about the existence contingency fund and the details of common services available, such as a swimming pool, a terrace, etc.