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Old 19.11.2007, 08:12
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Re: What is "vente en nom" and "vente en PPE"?

Found this explanation by googling - hope it helps

...Some houses are owned by a company, called société immobilière or S.I., of which the house is the only asset. You don't buy the house, but the company. This form of ownership is no longer is fashion but some houses are sold like this. To stress that the sale is not through a société immobilière (or S.I.), some brokers list the house as being sold en nom (under name). Please note that buying through a société immobilière or through a strawman does not change one iota of the Lex Friedrich restricting sale of Swiss real estate to foreigners.

UKP
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