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Real estate terms that begin with E
Letter E
State of risks and pollution
The state of risks and pollution is a document that lists the natural, technological, mining, seismic risks to which a property (land, building, house ...) is exposed, as well as the radon risk and pollution of a land.
The state of risks and pollution is provided by the seller or lessor of a property. It is inserted in the technical diagnostic file, which is annexed to the lease, or to the promise and the authentic deed of sale. It must be less than 6 months old.
The state of risks and pollution is provided by the seller or lessor of a property. It is inserted in the technical diagnostic file, which is annexed to the lease, or to the promise and the authentic deed of sale. It must be less than 6 months old.
Status of the electrical installation
The condition of the electrical interior installation is a document, established by a professional diagnostician.
It is provided by the seller, when the property is for residential use and it has an electrical installation of more than 15 years.
The diagnostician controls the electrical installation downstream of the general control device and the housing, up to the supply terminals or to the bases of the sockets. It indicates the anomalies of the electrical installation.
The condition of the indoor electricity installation also covers:
- the adequacy of the fixed equipment to the characteristics of the network,
- the conditions of their installation with regard to safety requirements.
The condition of the electrical installation is attached to the technical diagnostic file. It is valid for 3 years for sale, 6 years for rental.
It is provided by the seller, when the property is for residential use and it has an electrical installation of more than 15 years.
The diagnostician controls the electrical installation downstream of the general control device and the housing, up to the supply terminals or to the bases of the sockets. It indicates the anomalies of the electrical installation.
The condition of the indoor electricity installation also covers:
- the adequacy of the fixed equipment to the characteristics of the network,
- the conditions of their installation with regard to safety requirements.
The condition of the electrical installation is attached to the technical diagnostic file. It is valid for 3 years for sale, 6 years for rental.
Status of the gas installation
The condition of the indoor gas installation is a document, drawn up by a professional diagnostician.
It is provided by the seller, when the property is for residential use and it has a gas installation of more than 15 years.
The diagnostician verifies, without dismantling elements of the installations:
- gas-fired domestic heating and hot water appliances,
- fixed gas conveying piping and their accessories,
- the ventilation of the premises and the evacuation of combustion products.
The condition of the gas installation shall be attached to the technical diagnostic file. It is valid for 3 years for sale, 6 years for rental.
It is provided by the seller, when the property is for residential use and it has a gas installation of more than 15 years.
The diagnostician verifies, without dismantling elements of the installations:
- gas-fired domestic heating and hot water appliances,
- fixed gas conveying piping and their accessories,
- the ventilation of the premises and the evacuation of combustion products.
The condition of the gas installation shall be attached to the technical diagnostic file. It is valid for 3 years for sale, 6 years for rental.
State of play
The inventory of fixtures is a document, drawn up in the presence of the lessor and the tenant, or their representatives, at the time when the tenant takes possession of the property and at the time he returns it. It describes the condition of the property. The comparison of the inventory of fixtures of entry and exit makes it possible to demonstrate compliance or non-compliance with its obligations by the tenant, or by the lessor.
If the tenant has caused damage or has not properly maintained the property, it will serve as a basis for the deductions made from the security deposit.
The inventory of fixtures may be established by bailiff at the request of a party, or if one refuses to carry out an amicable inventory.
It can be carried out by a judicial officer if one of the parties opposes its establishment. Its cost will in this case be shared by half between the lessor and the tenant, when the property is a dwelling constituting the main residence of the tenant.
If the tenant has caused damage or has not properly maintained the property, it will serve as a basis for the deductions made from the security deposit.
The inventory of fixtures may be established by bailiff at the request of a party, or if one refuses to carry out an amicable inventory.
It can be carried out by a judicial officer if one of the parties opposes its establishment. Its cost will in this case be shared by half between the lessor and the tenant, when the property is a dwelling constituting the main residence of the tenant.
Mortgage status
The mortgage statement is a document indicating the mortgages registered on a property. It is issued by the land registration service to the person who requests it by means of a Cerfa form.
The notary makes a request for information relating to the property for which the authentic deed will be drawn up. If the property is encumbered by a mortgage, it will be necessary to obtain its release before signing the authentic deed.
The notary makes a request for information relating to the property for which the authentic deed will be drawn up. If the property is encumbered by a mortgage, it will be necessary to obtain its release before signing the authentic deed.
Parasitic state
The parasitic state is a real estate diagnosis inserted in the technical diagnostic file.
It must be provided by the seller when the property is located in an area delimited by the Prefect as contaminated or likely to be contaminated in the short term.
The parasitic state is carried out by a professional diagnostician, who looks for the possible presence of termites in the property sold.
The parasitic state must be less than 6 months old on the date of signature of the compromise and the authentic deed.
It must be provided by the seller when the property is located in an area delimited by the Prefect as contaminated or likely to be contaminated in the short term.
The parasitic state is carried out by a professional diagnostician, who looks for the possible presence of termites in the property sold.
The parasitic state must be less than 6 months old on the date of signature of the compromise and the authentic deed.
Real estate expertise
A real estate appraisal consists in assessing the market or rental value of a property. It is a study taking into account financial, technical, and legal parameters. The value of the property valued is objective and reflects the real estate market at a specific place and time under normal conditions of sale.
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