When you inherit a family building, it is necessary at times to sell one or more apartments to deal with the inheritance tax.
According to the law (law n° 65-557 of July 10, 1965, fixing the statute of the co-ownership of the built buildings), it is not possible to sell an isolated apartment without previously establishing a descriptive state of division of the building and a co-ownership regulation must be drawn up. They give a legal structure to dividing the building into lots and laying down the rules of living in a condominium.
When you live in a condominium building and wish to expand, for example by buying the old toilets on the landing or the end of the corridor as you are the only one to use it, it is necessary to obtain the agreement of the co-owners at a general meeting and then have the modification of the co-ownership regulations recorded by an authentic act with a notary.
The real estate department of Etude 352 undertakes to identify the situations in which a co-ownership regulation or an amendment to a regulation is required and to advise its clients on the complex steps that must lead to the realization of these operations in connection with all stakeholders (surveyor, trustee, syndicate of co-owners, etc.).
Florent Delphin
