Tuesday, November 24, 2009

French "HIP's"....an explanation



Came across this excellent article in The Connexion.

It explains all about the seven surveys that must now be undertaken: for asbestos, lead, energy efficiency, termites, gas, “natural or technological risks” and electrics.

I know that HIP's get a bad press in the UK but I think the French system works really well with everyone knowing where they stand from the start.  Sellers see it as "normal" and buyers get a lot of important information before they sign.

Adding septic tanks to the magnificent seven above can only be a good thing too.

Take note too of the last line of this report:

In no case is the owner of the property required by law to remedy any defects found as a result of the surveys.


www.cognacproperty.com

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