Hi Misha

I know the answer to your first question ....

If you are wanting to apply for mortgage finance from a French bank on a property in France, all the people who are named in the Compromis de vente (the sales agreement) as the vendors (purchasers), will have to be named in the mortgage application, irrespective of whether one of the vendors has the cash to buy their share of the property outright.

For the legallity of apportioning percentage shares of the property, I can only suggest you seek advice from your Notaire.

Carole Bayliss
mortgagefrance