Serviced apartment hotels, managed student résidences and serviced homes for the elderly.
In the fields of managed student residences, serviced apartment hotels, and serviced homes for the elderly, our team deals regularly with the following topics concerning :
- Assistance for the drafting of contracts with the investors, marketers and various intermediaries as well as property managers, residences managers or administrators and financial institutions,
- Property building activity (work contract, subcontracting, guarantee of completion, ten year guarantee),
- Setting up of building-sale companies (monitoring legal aspects for SCI-property investment companies / SNC-general partnership, merger and acquisition of business, restructurations …),
- Assistance for all litigation matters with residence managers and investors.
The banks financing the building programs
- Assistance on financing or refinancing banking pool agreement,
Drafting of financial guarantee of completion (Garantie Financière d’Achèvement),
Drafting of counter-guarantee agremments .
Operators/managers of residences
- Drafting of commercial leases with investors and owners association,
- Drafting of the agreement between the property developer and the residence manager,
- Transfer of commercial leases (sale, partial asset transfer, drafting of all relevant legal acts, assistance on negotiation …),
- Consultation on the handling of certain works and repairs of the residence,
- Assistance in case of termination of lease or amendment of rent charges,
- Assistance in case of late and incomplete delivery of leased premises,
- Incorporation of companies aimed at managing student residences, serviced apartment hotels, and serviced homes for the elderly.
- Gobal assistance on company law and contract law,
- Legal secretarial work , (legal audit, act of purchase, liability guarantee agreement…).
Owners, investors, individuals – asset management consulting (Conseils en gestion de patrimoine)
Below is a brief description of activities undertaken by our team regarding the above :
- Creation of co-owner organizations,
- Assistance with late deliveries and problems found in the building, the residence or the hotel, assistance in case of bankruptcy of developers,
- Assistance in case of problems with the residence managers – including bankruptcy of the operators of the tourism/hotel residences,
- Legal assistance, in particular to recover the rents with the residence operators,
- Action in contractual civil liability/resolution of agreements with the property managers,,
- Action in French and English for investors and foreign residents in their investment.
The above description is not exhaustive.
If necessary, we will be assisted by building experts, architects and / or engineering inspectors, judicial experts to facilitate the evaluation of the assets or of the rent .