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REAL ESTATE IN BEAUNE |
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 The Transaction Department |
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| Our actions |
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 Helps you find the property you are looking for
Provides thorough price analysis and assessment report
Provides an overview of the physical, legal and fiscal context
Sets the sales price with the owner's approval
Advises with regards to formalities (Carrez – asbestos – lead – gas – property sheet, etc.)
Draws up the FNAIM sales mandate
Edits the buyer presentation sheet
Publishes the sale offer, with the buyer's sheet linked to the property
Publishes inserts in the press, Internet and displays in our window in our Boutique Place Carnot
Provides an advisor for accompanying client visits
Provides regular reports of our visits and actions
Provides regular reports of publicity efforts for our exclusive mandates
Conducts discussions and negotiation of the sale
Draws up a sales agreement
Collects a deposit on an escrow account with the related protection
Transmits the file of the sale to the Notary with follow-up
Organises and assists at the signing of the official deed |
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| Rental Department / Management |
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| The Patrick Echinard Agency manages some 600 rental units |
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| The Rental Department: Finding your tenant |
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Assesses the appropriate rental
Advertises in the press and on the Internet as well as in our "Rental Bulletin"
Advises regarding upkeep, renovation and valuation of the property
Provides a rental agent for accompanying tenant visits
Reviews tenant application, validation of identity, solvency and payment history
Draws up the lease
Drafts a formal written schedule of the condition of the property upon arrival and departure of the tenant
Collects 1st month's rent and security deposit equal to 1 month's rent excluding lease fees subject to the Law of July 6 1989 and entered into after since February 09 2008 (Law 02 February 2008) |
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| The Management Department : |
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Collects rent, charges and security deposit
Provides an annual review of rental fees
Insures recovery of any unpaid rent and monitors any litigation (rare)
Takes care of any urgent work required for an amount less than 75 Euros. For major repairs, we will send you a pro-forma invoice and, upon receiving your approval, settle payment by deducting the necessary amounts from your account
Deals with insurance companies in the event of a claim
Provides a detailed account of operations concluded quarterly
Provides for payment of unit owner assessments
Provides an itemized account of charges to your tenant and readjustment of amounts on account as necessary once a year
We also provide you with essential property income information annually for filing your tax returns
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| Guaranteed rental payment * |
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| The guarantee covers: |
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Rent, charges, taxes and occupation fees due by the tenant for occupying the premises
Legal fees, court fees and fees related to expulsion procedures involving material damage caused by opening premises or for recourse to law enforcement agencies, etc.
Collection fees
Fees resulting from eviction, removal, storage, etc.
unexecuted and unpaid advance notice (does not include compensation concerning the security deposit). |
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No deductible for an unlimited time with an
€ 80,000
limit per claim and per tenant.* Coverage includes: |
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Damage and destruction related exclusively to real property concerned by the lease
Fees related to a schedule of condition of the property upon exit drawn up by the court bailiff, up to the sum due by the Tenant (up to 50%)
Financial loss resulting from the time necessary, as prescribed by an expert, for restoring the premises, up to a maximum amount equal to 2 months' rent, charges and taxes. |
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| Coverage is limited to €8,000, tax excluded,
per claim and per property rented* |
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| The fees charged for this insurance come to 2.5%, all taxes included, of receipts. Feel free to contact us for any further information. |
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| *(see conditions at the Agency) |
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| The Syndic Service |
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| The Patrick Echinard Agency is the syndic for the co-owners' councils for some 2000 lots under co-ownership. |
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| The Law requires that the co-owners collectively comprise the co-owners' council. Its purpose is to ensure the upkeep and administration of common property. It operates through the syndic. |
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| Legal Duties : |
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It ensures daily management of joint ownership;
It monitors the respect of joint ownership rules and can act as a mediator should litigation arise between
co-owners;
It draws up and updates the maintenance register of the co-ownership;
It convenes and leads the general assemblies, taking into consideration the legislative and regulatory texts in effect;
It executes the decisions adopted by the general assembly;
It drafts the minutes of the meetings;
It assumes responsibility for all of the activities it carries out. |
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| Technical Duties: |
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It sees to the maintenance of common areas;
It takes out the appropriate insurance policies on the property;
It gives advice in choosing service providers and has pro-forma invoices drafted;
It negotiates contracts and markets in keeping with the best interests of the co-owners' council;
It monitors work in progress as prescribed during the general meeting.
It recruits personnel necessary for the proper functioning of the property |
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| Accounting Duties : |
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It draws up an annual budget forecast for meeting current expenses of the property and submits it for voting at the general meeting;
It ensures financial management and handles the books of the co-owners' council;
It pays bills and recovers the charges shared among co-owners |
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