III: Exemption

Subject to article 691 bis, the following are exempt from land registration tax or registration fees: A. I. – Acquisitions of real estate made by a taxable person within the meaning of article 256 A, where the deed of acquisition contains an undertaking by the purchaser to carry out, within four years, work leading to the production of a new building within the meaning of 2° of 2 of I…

The departmental council may exempt from land registration tax or registration fees the sale of housing units by low-income housing organisations or semi-public companies, provided that the transfer falls within the scope of article 61 of law no. 86-1290 of 23 December 1986, as amended, designed to promote rental investment, home ownership of social housing and the development of the land supply. The exemption must be mentioned in the deed…

The departmental council may, by deliberation, exempt from land registration tax or registration fees, acquisitions by HLM organisations or semi-public companies of residential properties built or acquired by first-time buyers who have taken out state-subsidised loans (PAP) between 1 July 1981 and 31 December 1984 and who are unable to meet their repayments, when the first-time buyers who sell these homes are kept in the premises by the purchasing organisation…

The departmental council may, by deliberation, exempt from land registration tax or registration fees the acquisition of housing previously acquired from low-income housing organisations under the conditions provided for in the tenth paragraph of article L. 411-2 of the French Construction and Housing Code when they result from the implementation of a buy-back guarantee provided under the guarantees referred to in that same article. The deliberation takes effect within the…

The départements may, by a deliberation taken under the conditions provided for in article 1639 A bis, exempt from property registration tax or registration duties the transfers, other than the first, of each of the units in non-trading property capitalisation companies mentioned in Article L. 443-6-2 of the Construction and Housing Code representing fractions of buildings. The provisions of article 1594 E are applicable.

The departmental council may, by deliberation, exempt from land registration tax or registration duties acquisitions by mutual pension societies for veterans and victims of war who benefit from the State increase provided for in Article L. 222-2 of the Mutual Code. The deliberation takes effect within the timeframes set out in article 1594 E.

The departmental councils of the overseas departments may, by deliberation, exempt from land registration tax or registration duty the acquisition of buildings that the purchaser undertakes to allocate, within four years of the date of the deed of acquisition, to the operation of a hotel, tourist residence or holiday village classified for a minimum period of eight years. The deliberation takes effect within the timeframe set out in article 1594…

The departmental councils of the overseas departments may, by deliberation, exempt from land registration tax or registration duty transfers of co-ownership shares in classified hotels, tourist residences or holiday villages acquired under the tax exemption scheme provided for by articles 238 bis HA and 238 bis HD as drafted by Article 22 of the Amending Finance Act for 1986 (no. 86-824 of 11 July 1986). The benefit of the exemption…

On deliberation by the departmental council, rehabilitation leases are exempt from land registration tax. The deliberation takes effect within the time limits set out in Article 1594 E.

The departmental council may, by deliberation, exempt from property registration tax limited-term leases of buildings, made for a term of more than twelve years, relating to tourist residences subject to the classification provided for in Article L. 321-1 of the Tourism Code. The deliberation takes effect within the timeframes set out in Article 1594 E.