French Mortgage and Property Glossary

French property paperwork uses precise legal terms with no exact English equivalent. This glossary covers the vocabulary you will meet between your first viewing and completion.

French term What it means
Acte de vente The final deed of sale, signed at the notaire’s office. Completion.
Assurance emprunteur Borrower insurance covering death and disability. Required in practice by all lenders.
Clause suspensive A condition precedent. The financing clause cancels the sale and returns your deposit if your mortgage is refused.
Compromis de vente The binding preliminary contract, subject to its conditions. Deposit paid at this stage.
Diagnostics The mandatory surveys the seller must provide: asbestos, lead, termites, energy performance, gas, electricity, natural risks.
DPE Energy performance certificate, rated A to G. Poorly rated properties face progressive letting restrictions.
Frais de notaire Purchase costs, mostly transfer tax rather than the notaire’s own fee. Around 7 to 8 per cent on an existing property.
Hypothèque A mortgage charge registered against the property.
In fine Interest-only. Capital repaid in a single sum at the end of the term.
LMNP Loueur meublé non professionnel. The non-professional furnished letting tax regime.
Notaire A public officer who handles the legal transfer. Impartial, not a solicitor acting for one side.
Offre de prêt The formal written mortgage offer. A ten-day reflection period applies before you may accept it.
Prêt relais Bridging loan, used when buying before the existing property is sold.
Rachat de crédit Refinancing. Another lender buys out the existing loan.
SCI Société civile immobilière. A property-holding company often used for joint or family ownership.
TAEG The all-in annual percentage rate including insurance and fees. The figure to compare.
Taux d’usure The legal maximum lending rate, published quarterly by the Banque de France.
Taxe foncière Annual property tax paid by the owner.
Viager A sale where the buyer pays an annuity to the seller, who retains occupation until death.

See the buying guide for how these fit together in sequence.

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