The role of a notary in the design of the purchase of housing in France
Real estate in France is a rather profitable business for notaries, since from each transaction it receives about 6% of the cost of housing.
But such a price for notarial services is quite justified, since the intermediary office takes on all obligations to collect the necessary documents and their verification.
The notary also carries out the subsequent registration of the object in a special inventory bureau, and also provides assistance in the insurance of a real estate object in France, which is a mandatory procedure.
Thus, we can see that real estate in France has significant advantages, as well as a clear and transparent scheme of transaction.