hello I am new to this forum and I just wanted to say that there are many problems with the leaseback property in France. Some crooks are managing the residences and have decided to reduce the rents to be paid to the owners or to ask them to pay some extra costs (charges) or not to pay them any rent...
A group of owners has been created -- groups google --Invest-RT --, I am part of it, and we are trying to act for all of us (the owners of such leaseback programs with problems). We do not charge any one, we are volunteers and we live in different part of France or Europe... but all invested in a Residence de Tourisme and most of us have troubles with the property.
Several real issues have been flagged out. We are fighting for a good cause: our flat and our money. A good cleansing need to be done. Several meetings have been hold with the French government. The first proper step from the government is to extend the delay granted to the owner to find out a new managment company when the first one did not do the job properly or dissappeared: from one month to twelve months.
Second step will come in a couple of months.
In the mean time, if you are already on the leaseback property market, and you do have any kind of problems, please freely contact the group, try to post request on the web/forum, find other owners in your Residence de Tourisme ... seek advices
Don't stay alone.
If you are not on the leaseback property market, escape for the moment...
We also create an online petition (131007)
Please sign the petition it is important, it will be handed to the government.
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