Real estate credit: new rules for borrowers

Real estate credit: new rules for borrowers

The Ministry of the Economy and the Bank of France decided on Monday to adjust certain rules governing real estate credit. Grouped together within the High Financial Stability Council, the two organizations hope to revive the market. Among the new features: an extension of the loan term which could go up to 27 years, compared … Read more

The Importance of Reading Contracts in Their Entirety Before Signing

The Importance of Reading Contracts in Their Entirety Before Signing

Read a contract in its entirety before signing it. Lawyers never repeat it enough: take the time to consider all the small lines, sometimes written in a more discreet font, where restrictive clauses are hidden. Concerning an insurance contract, there are two main ones: exclusion clauses (conditions for which the subscribed guarantee does not apply) … Read more

New York Implements Strict Regulations on Airbnb with Local Law Number 18

New York Implements Strict Regulations on Airbnb with Local Law Number 18

Local law number 18, which came into force at the beginning of the month, “is so strict that it not only limits the operation of Airbnb in the city”, assure the Wired website. In practice, “it almost completely prohibits it for many travelers and hosts”since drastic rules apply for any rental of less than 30 … Read more