Simple Purchase Search Mandate

Key points at a glance:

Terminable at any time: by email, subject to a seven-day notice period
Non-exclusive mandate: you remain free to search on your own or through any third party
Fees due only on completion: 2.5%, with a minimum of €10,000 incl. VAT

This summary is provided for information only. Only the full mandate text below shall prevail.

Contracting Parties

Principal: Private client

Agent: SAS HOME SELECT - VOTRE CHASSEUR IMMOBILIER

60 rue François 1er, 75008 Paris, France
Professional licence: CPI 7501 2018 000 028 939
RCS Paris 531 223 931
Professional indemnity insurance: Suffren Assurances Associés

Article 1: Purpose and Search Criteria

The Agent undertakes to search for a property matching the criteria defined by the Principal: property type, geographic areas, minimum surface area, number of bedrooms and maximum price.

Article 2: Agent's Obligations

Select and present properties matching the criteria
Arrange and attend viewings
Provide valuation information
Advise on opportunities and negotiation
Review legal and technical documents
Assist through to signature of the notarial deed
Keep the Principal informed of market developments
Fulfil TRACFIN obligations

Article 3: Principal's Obligations

Accept full responsibility for investment decisions
Provide identity documents and proof of funds
Keep documents shared by the Agent confidential
Cooperate actively with the Agent
Disclose whether any proposed property was previously known to the Principal

Article 4: Non-Exclusive Mandate

This mandate is non-exclusive: the Principal remains free to search independently or to engage third parties in parallel.

Article 5: Penalty Clause

The Principal undertakes not to purchase any property presented by the Agent during the term of the mandate, or for six months following first presentation.

A property shall be deemed "presented" where its characteristics, references, images or contact details have been shared by any traceable means.

Breach shall give rise to damages equal to the stated fee, pursuant to Article 1231-5 of the French Civil Code.

Article 6: Duration

Maximum 12 months from the date of signature.

Article 7: Termination

Either party may terminate at any time on seven days' notice.

Notification by email to contact@homeselect.paris, or by recorded delivery letter.

Article 8: Right of Withdrawal

Pursuant to Articles L221-18 et seq. of the French Consumer Code, the Principal has a 14-day withdrawal period from electronic signature.

Exercisable via the attached form or by email to contact@homeselect.paris.

The Agent may commence work immediately unless the Principal objects.

Article 9: Mediation

In the event of a dispute:

GIE IMMOMEDIATEURS
55 avenue Marceau, 75116 Paris
Companies Register: 818 344 780
www.conso.immomediateurs.com

Article 10: Fees

The Agent's fee represents consideration for the search assignment.

Due only upon successful acquisition of a property presented by the Agent, payable on signature of the notarial deed.

Amount: 2.5% including VAT of the net seller price, with a minimum of €10,000 including VAT.

In the event of pre-emption, or purchase by a related entity, the fee shall remain due.

Article 11: Special Conditions

To be agreed at signature, according to your search.

Article 12: Pre-Contractual Information

The Principal acknowledges having reviewed the pre-contractual information at homeselect.paris/en/dip-achat/ or in the annex.

Article 13: Data Protection

Processing complies with TRACFIN, the GDPR and the French Data Protection Act.

Personal data is retained for up to five years following termination.

Data subject rights: access, rectification, erasure, restriction, portability and objection.
Contact: contact@homeselect.paris
CNIL complaint: www.cnil.fr
Bloctel: www.bloctel.gouv.fr

Article 14: Duty to Inform

Each party undertakes to inform the other of any element essential to the mandate, pursuant to Article 1112-1 of the Civil Code.

This duty does not extend to subjective valuations of the property.

Non-compliance may give rise to damages or annulment under Articles 1130 et seq.

Article 15: Governing Law

Hoguet Law no. 70-9 (2 January 1970) and Decree no. 72-678 (20 July 1972).

Article 16: Electronic Signature

Pursuant to Article 1367 of the Civil Code and EU Regulation eIDAS 910/2014, electronic signature constitutes a firm contractual commitment.

The Principal confirms having read and understood the mandate in full and agrees to comply with it.

Annexes

Annex 1: Withdrawal Form

To be completed with: full name, address, email, date of the mandate.
Send to: Home Select, 60 rue François 1er, 75008 Paris.
Or by email: contact@homeselect.paris

Annex 2: Pre-Contractual Information Document

See the full document: DIP Purchase