blog
Buying real estate in Paris

Private Deed: Definition, Use and Comprehensive Benefits

A private document is a legal document drawn up and signed by the parties, without the intervention of a notary. In this article, we are going to discuss the various aspects of this act, its definition, common uses, and benefits.

1- What is a private document

Unlike the authentic act, which must be signed before a notary, the private act does not have specific legal formalities. It can be used for smaller transactions, such as the sale of real estate between individuals, or for larger transactions, such as commercial rental contracts.

2- Common uses of private contracts

It is used in many areas, such as:

The sale of real estate

Individuals who wish to sell their property without the help of a notary can use a private contract to formalize the sale.

The rental of real estate

Owners of real estate who want to rent their property without the help of a notary have the option of using this act to form the rental contract.

Commercial contracts

To formalize commercial contracts, such as employment contracts or contracts for the provision of services, businesses are in a position to use private contracts.

Successions

Heirs can use a private act to formalize the division of the estate, without the intervention of a notary.

3- The advantages

It has several advantages for parties who want to formalize a transaction, such as:

A simplified procedure

It can be drawn up and signed by the parties themselves, without specific formalities and without the intervention of a notary.

Cost savings

This act is often less expensive than the authentic instrument, as it does not involve notary fees.

Greater flexibility

The parties have greater freedom to negotiate the terms of the agreement, as they are not subject to the strict rules of the authentic act.

Reinforced confidentiality

Unlike the authentic act, which is kept in the notary's archives and can be consulted by third parties, the private document is kept by the parties and can be kept away from prying eyes.

A speed of execution

It can be drawn up and signed quickly, allowing the parties to complete the deal more quickly.

Geographic flexibility

The parties can draw up a private document remotely, without having to go to a notary.

4- The limits of private contracts

The lack of evidentiary force

It has only limited evidentiary value. In the event of a dispute, it can be difficult to prove the authenticity of the act.

The risk of error

Parties who draft the act themselves may make legal errors, which can have a negative impact on the transaction.

The absence of legal advice

Unlike the authentic instrument, which is drawn up with the help of a notary, a private document does not benefit from legal advice, which can be prejudicial in the event of a dispute.

5- The rules to be respected to establish a private contract

To establish a private document, certain rules must be respected, such as:

  • Write the act accurately in accordance with the legal rules in force.
  • Have it signed by all parties involved, without exception.
  • Date it to prove the precedence of the transaction.
  • Have the parties sign off each page of the act, to avoid any dispute over its authenticity.
  • Store it carefully in a safe and accessible place when needed.

Conclusion

A private document is a legal document used to formalize a transaction between the parties, without the intervention of a notary. While it has many advantages, it also has limitations, such as its lack of evidentiary force and the risk of error. To draw up one, certain rules must be respected, such as the precise drafting of the act, the signature of all the parties, the dating and careful preservation of the act. If you are considering using this type of act to formalize a transaction, it is recommended that you consult a legal professional for advice and avoid legal risks.

Table des matières

Example H2
Example H3

Other items

Explore other articles on the same topic.

Salon élégant et lumineux dans un appartement insonorisé à Paris, avec une décoration moderne, des fauteuils design, un canapé blanc, et un tapis bleu, offrant confort et calme.

Appartement Insonorisé : Guide Complet pour un Achat Réussi à Paris

Découvrez comment choisir un appartement bien insonorisé à Paris : astuces, techniques et conseils d’expert pour éviter les nuisances sonores.
Sumptuous interior of a theater in Paris reflecting the charm of Parisian cultural places.

The Most Beautiful Theaters in Paris

Explore the most beautiful theaters in Paris: history, anecdotes and mythical places like Olympia, Grand Rex or La Cigale.
Vue aérienne réaliste d'un stade à Paris, capturant l'architecture unique et les environs urbains, idéal pour des événements sportifs et culturels.

10 Stades et Complexes Sportifs Parisiens à Connaître Absolument

Explorez les stades et complexes sportifs parisiens : capacités, histoire et modernité. Parfait pour les amateurs de sport et de spectacles !
Immeuble Haussmannien typique à Paris sous un ciel bleu, reflétant l'élégance architecturale de la capitale et offrant des appartements avec vue panoramique.

Les Meilleurs Lieux avec Vue Panoramique sur Paris

Découvrez les 10 lieux incontournables pour admirer Paris d’en haut, avec des panoramas uniques et des restaurants à ne pas manquer.
Façade d’un immeuble haussmannien à Paris, avec des balcons en fer forgé ornés de plantes, reflétant l’esthétique parisienne présente dans les lieux de tournage du Fabuleux Destin d’Amélie Poulain.

Sur les traces du Fabuleux Destin d’Amélie Poulain : Les lieux emblématiques à Paris

Découvrez les lieux de tournage du Fabuleux Destin d’Amélie Poulain à Paris : Montmartre, Canal Saint-Martin, Gare de l’Est, et plongez dans l’univers poétique du film !
Façade d’un immeuble typiquement parisien entouré de verdure sous un ciel bleu, symbolisant l'élégance de Paris et sa poésie architecturale.

Paris et la Poésie : Les Œuvres et Lieux Mythiques

Explorez les plus beaux poèmes sur Paris et découvrez où écouter ou lire de la poésie dans la capitale. Une plongée culturelle et artistique unique.
Voir tous