REAL ESTATE
Corporate real estate investment
Michelez Notaires can provide expert assistance to private individuals, real estate professionals and the real estate divisions of major corporations.
We have the necessary expertise to assist you in each stage of your real estate transactions, from audit to negotiation and finalization.
Whether the real estate assets in question are intended for retail, industrial, office, or residential use, we have the expertise and experience to handle all issues concerning property rights, building permission, planning law, as well as environmental and tax-related aspects. Michelez Notaires also advises public law entities on the construction, sale and development of their real estate assets.
Audits of real estate assets or portfolios
Risk assessments and proposed guarantees. Summary reports.
Purchase or sale of real estate assets
Drawing up and negotiating contracts. Establishment of a data room, preliminary analysis etc.
Complex operations involving all forms of legal organization
Co-ownership, volume ownership, leasing, subdivision into plots, mixed development zone, long-term building leases, sui generis agreements etc.
Bank financing
Negotiation of contracts and of mortgage and non-mortgage guarantees.
Real estate promotion, planning, construction
Through its expertise and the quality of its internal resources, Michelez Notaires is able to provide specifically tailored support to numerous real estate developers.
We provide assistance in the very early upstream phases of land acquisitions (or of purchase of real estate assets requiring major renovations), in order to resolve problems relating to planning and the urban integration of the project.
We provide you with dedicated teams of legal advisors specializing in land acquisition or in pre-sale prior to completion of construction / forward sale.
Legal audit of the land parcel on which the project is based
To identify any existing problems and to tackle each problem with long-term, pragmatic solutions.
Selection and establishment of the legal organization
of the construction or renovation operation, in partnership with other advisors (architects, surveyors, planners etc.).
Drawing up of all contracts concerning the construction project
Pre-sale prior to completion of construction (“VEFA”) or forward sale (“”VAT”), sale of building for renovation (“VIR”), real estate promotion contract (“CPI”), condominium division description and co-ownership agreement (“EDD-RCP”), description of division into volume units (EDDV), articles of associations of the management associations (“AFUL”, “ASL”), etc.
For sales of buildings prior to construction
Establishment of a procedure with the developer to ensure smooth administration of each project and arrangement of meetings and weekly or daily reports between signatories.
Finance
Michelez Notaires assists several banks in their real estate financing activities.
Personalized processes:
– Audit of financed real estate assets, with a summary report where applicable,
– Drawing up and negotiation of loan agreements and associated mortgage and non-mortgage guarantees,
– Formalization of guarantees,
– Financing via leasing.
Legal organization
Michelez Notaires has developed specific expertise in the legal structuring of real estate operations, especially in co-ownership and volume ownership.
The missions entrusted to our firm include the wording of co-ownership agreements and/or volume ownership specifications, legal protection of the real estate projects conducted in a condominium, resolution of problems concerning older condominiums (reformulation of the condominium agreement, division of co-ownership into volume units).
Residential real estate
Our fields of expertise: Consulting / sales operations / tax advice
The “Residential real estate” team provides its clients with pragmatic and personalized assistance to secure and protect their real estate projects. Michelez Notaires has the tools and resources to provide individualized support for every entrusted project.
Establishment of the required documentation for the sale transaction
Proofs of ownership, verification of mortgage situation, search of applicable planning regulations, obtaining of information from the condominium administrator, analysis of mandatory technical safety surveys etc.
Michelez Notaires always aims to assist its seller clients prior to their formal decision to sell, in order to secure the offer of a potential buyer as early as possible.
Drawing up or advising on the wording of purchase offers
Drawing up of real estate contractual documents – promise to sell, sale, lease etc.
Assistance: in drawing up tax declarations with regard to capital gains on real estate.
Choice of appropriate purchase method: purchase in the client’s own name or via an intermediate structure (non-commercial company – société civile – or other legal form).
Forestry
Michelez Notaires specializes in forestry law and forest company law and provides support to its institutional clients and individual forest owners in every region of France. In particular, Michelez Notaires develops:
– A thorough knowledge of the stakes involved for both the seller and buyer, which we take into account in the negotiation and drawing up of legal deeds,
– Privileged dialogue with the relevant specialized administrative bodies,
– Conception of original forestry ownership structures, adapted to the legislation, which is rich in incentives but also highly complex,
– Solutions to regenerate liquidity in older ownership groups of forests.
At the same time, institutional investors present on the agricultural land market frequently call on us to draw up their deeds of sale and the constitution of agricultural land associations (GFAs).