If a French Bank took possession of a Leaseback apartment due to non payment of mortgage what is the original owner liable for
1. Are they liable for any shortfall if the bank resells the property at a price that fails to recover the debt?
2. Is there a VAT liability to the French Government for the VAT that was reclaimed to buy the Leaseback?
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Bank repossession of Leaseback
1 post • Page 1 of 1
Bank repossession of Leaseback
by irishbuyer on Thu 14 May 2009 13:59
- irishbuyer
- Posts: 1
- Joined: Thu 14 May 2009 13:53
1 post • Page 1 of 1
