French Commercial Leases: A Brief Outline

Abstract

In view of the current interest in international property investment, briefly reviews various aspects of current French law and market practice relating to commercial leases. Points out that the positions of the landlord and tenant in France are different from those in other jurisdictions: the duration of the lease is nine or sometimes 12 years; the tenant can terminate at the end of each three‐year period unless the tenant has contracted out of such right; rent is normally indexed annually; rent can be reviewed at three‐yearly intervals but the amount of the review is capped save for exceptional circumstances; the rent on renewal is capped, though this does not apply to premises which are used exclusively as offices or where the lease exceeds nine years.

Citation

Austin, R.S. (1994), "French Commercial Leases: A Brief Outline", Property Management, Vol. 12 No. 4, pp. 34-39. https://doi.org/10.1108/02637479410071054