#2026-248Law No. 2026-248 on Simplifying the Exit from Joint Ownership and Management of Vacant Successions
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
Law No. 2026-248 aims to simplify the processes related to the division of estates and the management of unclaimed inheritances in France. It revamps various articles in the civil and property codes to facilitate the sale and division of properties that are co-owned or part of an estate. Key provisions include allowing an individual co-owner to sell a jointly owned property without needing consent from all co-owners and streamlining the administrative processes involved in property acquisition and notification.
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Key Changes
- Elimination of the requirement for consensus among all co-owners for selling jointly owned property.
- Introduction of digital means for public notifications related to property sales and successions.
- Clarification of judicial powers regarding the liquidation and division of estates.
Obligations
What this law requires
Tax administration must transmit necessary information to mayors or presidents of public inter-municipal cooperation establishments upon request to implement property acquisition procedures for properties mentioned in Article L. 1123-1 of the General Code of Public Property
Notaries must signify the draft alienation or partition project to other co-owners within one month of recording the intention expressed by co-owners holding at least two-thirds of undivided rights
Notaries must publish the draft alienation or partition project in a legal notices newspaper at the property's location and by posting and on an internet site
Notaries must establish a formal record (procès-verbal) when one or more co-owners oppose alienation or partition of undivided property within three months of notification
Curators of vacant successions may grant a mandate for the purpose of signing the sale deed