The real estate market with colors, you bring out boxes the project to sell your country house. In order to maximize the price, you are determined to undertake Large renovation work Instead of leaving them to be borne by the future buyer. Especially since your brother-in-law, of which this is not the profession, is very good at electricity work, and that your cousin, who has renovated his bathroom himself, also offers to lend you a hand. Cheap labor in perspective!
But do you know that by carrying out heavy work yourself, such as a roof repair, the development of attic, an enlargement of the house or the creation of a bathroom, without using construction companies, you will be Responsible for 10 yearsvis-à-vis the purchaser, damage that these works can cause on the solidity of the house?
Real estate credit: the rates go back, how far after the ECB and Fitch?
Decennial guarantee for individuals and professionals
“If I do work myself and sell the property within 10 years, I am deemed builder. Consequence, if, in this interval, the buyer notes severe poor workmanship resulting from work, such as a balcony collapse, a dangerous electrical installation or infiltration causing unhealthiness, it may require that I do repairs or that I compensate it ”explains to Capital Philippe Réhel, one of the directors of the Saretec company, specialized in the support of claims linked to construction.
In fact, according to article 1792 of the Civil Code, “Anyone who builds or performs work on a work is responsible for 10 years for damage that may affect their solidity or make it unfit for their destination”. This is called the ten -year guarantee, which is therefore not only worth for promoters and other construction professionals but also for individuals. Except that most of the latter ignore it, or believe that they do not need it because they do not plan to sell. And this lack of ten -year insurance may give rise to “of the very problematic situations»»warns Philippe Réhel.
Real estate in Paris: these 3 districts where the M2 is worth less than 7,000 euros … and continues to fall
Repair costs sometimes higher than the sale price
The leader quotes the example of a couple who divorces five years after having led his white hands a heavy renovation of his house. The separation leads to the sale of the property. A year and a half later, the buyers attack in court The ex-spouses, on the grounds that the abolition of a semi-wear structure, carried out during the renovation, caused the abnormal bent of a beam. The ten -year liability of the seller couple is engaged, it must repair or compensate buyers. Gold “Repair costs can exceed the sale price”warns Philippe Réhel.
This type of situation, the leader sees more and more “In recent years, due to the rise in prices of materials and the cost of labor, which pushes many owners to save money by building or renovating themselves”. Even if some would be aware of this ten -year responsibility, they would undoubtedly be reluctant to ensure because “It costs a few thousand eurosfor a classic operation “figure Philippe Créhel. It will always be cheaper than repair or compensation costs, coupled at legal costs.
