Section 1: Scope of application

The provisions of this chapter apply to: 1° Credit agreements, as defined in 6° of Article L. 311-1, intended to finance the following transactions: a) For buildings for residential use or for professional and residential use: -their acquisition as owner-occupied property or the subscription or purchase of units or shares in companies giving entitlement to their allocation as owner-occupied property, including where these transactions are also intended to enable repair,…

Excluded from the scope of this chapter are: 1° Loans granted to legal persons governed by public law; 2° Those intended, in any form whatsoever, to finance a professional activity, in particular that of natural or legal persons who, on a regular basis, even if ancillary to another activity, or by virtue of their corporate purpose, provide, in any form whatsoever, buildings or parts of buildings, whether built on or…