You could already visit an apartment or a house for sale on your smartphone. From now on, it is possible to conclude a real estate purchase at a distance. Clearly, the authentic act of sale may be carried out by videoconference. A decree authorizing notaries to use this process was published on April 3. In the administrative newspeak, we speak of authorization of the notarial act "by remote appearance" during the health crisis. Buyers and sellers of a property who had already signed a sales agreement and obtained the necessary guarantees (especially on loans) will push a sigh of relief.
Read also: Notaries facing the collapse of transactions
According to Fnaim, 100,000 transactions were blocked since the beginning of the containment: either in old real estate, or purchases of plans of apartments or houses. The real estate agents who had participated in these transactions were also impatiently awaiting this facility: 400 million euros in fees were suspended. But this administrative text will not unblock the situation with a magic wand. Because not all notarial studies live in the 4.0 era. Just over 40% of notaries only have a videoconference system.
To overcome this low level of equipment, the higher notarial council encourages its members to pool these materialsTo overcome this low level of equipment, the higher notarial council encourages its members to pool these materials. Still, once acquired the house of their dreams, the new owners will have to wait a bit to live there. No start-up has yet invented tele-moving.