General Discussion

Paying off mortgage

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When we have paid our mortgage off, would I be correct in my understanding that we can only live in the property as long as we don't sign another lease again? And that the disadvantage of not signing another lease is that there will no longer be a 'guaranteed' rent? Also that we are not required to sign another lease as long as we give the relevant notice at the required time? Are standard estate agents (who will only pay rent where tenants are installed) likely to take on a leaseback property?

Legitimacy of Leaseback

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General Discussion

I have just joined the forum, probably like most people, maybe 5 or 6 years too late! I joined the forum because more and more problems have beset the development in which I am an owner. We have been through the missed rents, the dereliction of duties concerning the upkeep of the development, the receivership of the initial promoter/operator, the selection of a new operator and are now likely looking at more missed rents, more dereliction of duties concerning upkeep etc. etc. etc.

Commercial Lease translated

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General Discussion

Hi all

Just to advise that we now have our lease translated into English (professionally), for a charity donation I am happy to share it with other owners. Ours is with MGM (management company is CGH)

Just message me if you are interested.

Mandi

French Leasebacks Mortgage Default

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General Discussion

Resort : Les Jardins de Saint Benoit formerly operated by Garrigae noe Docte Gestio.

I am in default with my French Bank the above resort formerly owned by Garrigae now operated by Docte Gestio.

I want to keep in touch with other owners that are in a similar position to share best practice when the demand letter and forced sale commences.

Kildare.

Need some advise

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General Discussion

Does anyone know what happens once the bank repossesss your property in france.

My leaseback up for repossession

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General Discussion

Hi i need advise regarding my leaseback. Due to bad times i had to stop paying my french mortgage and now i have received a court order saying unless i pay it off in 8 days it will be reposssessed. I have been worried sick about it for a long time now and with redundancy and near marriage break up i just couldn`t afford it anymore so let it go into big arrears. I personally don`t own my house in Ireland it belongs to my wife and her mother and my wife had no dealings with the property in France and the mortgage was only in my name.

Can you buy yourself out of leaseback

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General Discussion

Hi

Can anyone advise me. Our management company is late again with our annual rental payment.Can I use this as a reason to give notice and terminate my contract??

If yes how do i do it and how do i pay back the VAT,

Am I right in thinking the VAT decreasees over the years?? Any help would be good.

Thanks

How to give Mgt company notice of non renewal of a lease?

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General Discussion

Hi all,

Could anyone tell me how to give the management company notice that we will not be renewing our lease in 9 months time? Is this something we need to ask a solicitor to do or can we do it ourselves?

English translation of leaseback document

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General Discussion

Hi

Does anyone have an English translation of a CGH leaseback agreement? Happy to pay.

Thanks

Buying additional weeks

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General Discussion

Does anybody know whether you can buy additional weeks on a permanent basis? We have 1H/1M/1L in the Winter and would like to have 3 more weeks - without having to pay extra each year ie pay a lump sum up front.

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