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Article L341-54 of the French Consumer Code

Subject to the provisions of the second paragraph, it is an offence for a lender to grant a life mortgage without making a prior offer to the borrower in accordance with Article L. 315-9 or under conditions that do not comply with articles L. 315-10 and L. 315-11 may result in forfeiture of the right to interest in full or in the proportion set by the judge. In the event…

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