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chocolate buffalo 18.07.2010 22:18

problem: renting in france with a 1 year job contract
 
Dear all, we have recently agreed to rent a lovely house near Messery having failed to find anywhere we could afford that was big enough in and around Geneva. However, having paid the deposit for the house we have been told that because my husband has a 1 year (rolling) contract the insurance company requires us to cough up the entire year's rent upfront to sit in a french bank account or we will lose the house. We have said that we might be able to get a guarantor here in England but that's not acceptable as they require the whole of the year's rent in the account. Does anyone else have any experience of this or of borrowing a very large amount of money from a french bank? AGH!!!!!! It was all going so well up to now!
Any information very gratefully received.
:confused:

araqyl 18.07.2010 22:39

Re: problem: renting in france with a 1 year job contract
 
This sounds like a con - would be worth asking around a few real estate places to see if this is common practice. Personally, I'd be demanding my deposit back (after checking other real estate agents!), as this "requirement" was not mentioned in the initial agreement.

ecodomani 19.07.2010 16:08

Re: problem: renting in france with a 1 year job contract
 
I have never heard of anything like that before. Demanding one year worth of rent in advance seems outrageous....

belgo 19.07.2010 20:50

Re: problem: renting in france with a 1 year job contract
 
Hi,

French law only allows a 1 month deposit. But I think that asking for a guarantor is quite a common practise. I had my employer to sign a guarantee as well when we arrived.

Patrick


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