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Tenant protection laws are onerous in France


French tenancy law is very pro-tenant.

Rent: Though the initial rent can be freely agreed, the rent can only be revised once a year, and not more than the increase in the (new) INSEE rental index. In combination with a highly restrictive contract structure, this means that rentals of old apartments have tended to drag well behind new rentals and prices.

Tenant Security: An unfurnished property contract has, as a minimum, a three-year term, though furnished property contracts may be for one year. In both cases, even when the contract ends, the owner can only recover the property if he or a family member intends to live there, or he intends to sell. In addition, eviction through the legal system takes a long time.

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Comments

#1 REGER | October 05, 2010

Re: The increase cannot be above the increase of the four-quarterly average of the INSEE index of construction costs.

=> law changed some years ago. Index of construction costs was replaced by consumer price index. CPI grows much less than construction cost

=> maximum deposit is 1 month only (by law)

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