BOOK V: Commercial paper and guarantees.

As an exception to articles 2284 and 2285 of the Civil Code, the rights of a natural person registered in the National Register of Companies in the property where his or her main residence is fixed are by law unseizable by creditors whose rights arise in connection with the person’s professional activity. Where part of the main residence is used for business purposes, the part not used for business purposes…

The declaration provided for in the second paragraph of Article L. 526-1, received by a notary under penalty of nullity, contains a detailed description of the assets and an indication of whether they are owned, jointly owned or undivided.The deed is published in the real estate register or, in the departments of Bas-Rhin, Haut-Rhin and Moselle, in the land register of its location. Where the person is registered in the…

In the event of the sale of property rights in the main residence, the price obtained remains exempt from seizure, provided that the sums are reinvested within one year in the acquisition by the person mentioned in the first paragraph of article L. 526-1 of a property in which their main residence is located. The unseizability of rights in the principal residence and the declaration of unseizability relating to any…

When applying for registration in the Trade and Companies Register, the Special Register of Commercial Agents, the Special Register of Sole Proprietorships with Limited Liability or the National Register of Companies, a natural person married under a legal or contractual community regime must provide evidence that his or her spouse has been informed of the consequences for joint assets of debts contracted in the exercise of his or her profession….

The provisions of articles L. 313-14 to L. 313-14-2 of the Consumer Code are applicable to loans granted to any natural person registered in the National Register of Companies and to the sole managing partner of a limited liability company, and secured by a rechargeable mortgage registered on the property where the person concerned has set up their main residence.