Rent receipts, insurance or mortgage contracts, bills, payslips…Everyday documents are numerous. Did you know that the minimum retention period for these papers varies depending on their nature, applicable legislation, or their intended purpose? Here is an overview of document retention periods. Table of contents Why Should You Keep Your Personal Documents? How Long Should You […]
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If you own a property or are considering becoming an owner, you will very likely need to consult the cadastral (land registry) documentation. What information can be found there? How can it be consulted or amended if it is incorrect? We provide the answers. Commonly referred to as the “cadastre,” cadastral documentation consists of records […]
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The starting point of the five-year limitation period that company members may invoke against the creditors of an SCI cannot differ from the starting point that may be invoked directly by the company itself. Case law indeed considers that the starting point of the limitation period for actions brought by creditors against the members […]
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This calculation is an essential step in the context of a gratuitous transfer, whether it involves movable property, real estate or agricultural enterprises. The aim is to determine the taxes that each heir, donee or legatee must pay, depending on the value of the transferred assets, the applicable tax allowances, the relevant tax rates, and […]
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A société civile immobilière (SCI) is a legal structure composed of at least two people, each holding the status of partner, allowing the management of one or more real estate properties for non-commercial purposes. The property portfolio is owned by the SCI, and each partner receives shares proportional to their contribution. There are different types […]
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Confusion between life insurance and death insurance is common. However, they are two very different types of contracts. What characterizes these contracts? How and for what purpose can you take them out? Explanation. Life Insurance: What Are Its Features? Life insurance is a medium- to long-term savings product. Once the contract is […]
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