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Article L314-27 of the French Consumer Code

For the application of Chapter II and III of this title, where the creditor wishes to make available or provide information and documents on a durable medium other than paper, the creditor shall first check that this method of communication is appropriate to the borrower’s situation in the context of the credit transaction envisaged or in progress; the creditor shall ensure that the borrower is able to take cognisance of…

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Article L314-28 of the French Consumer Code

Unless this is incompatible with the nature of the distance contract concluded or the financial service provided, the borrower may, immediately and at any time during the credit transaction, object by any means to the use of a durable medium other than paper and ask to be provided with a paper medium free of charge. He may also carry out all the formalities and obligations incumbent on him on any…

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Article L314-29 of the French Consumer Code

Where the lender provides the borrower with information and documents via a secure personal space on the internet, the lender shall make the borrower aware of the existence and availability of such information and documents on the secure personal space by any means appropriate to the borrower’s situation.

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Article L314-30 of the French Consumer Code

The lender guarantees that the information and documents will be accessible for a period appropriate to their purpose. For pre-contractual and contractual documents this period may not be less than five years after the end of the contractual relationship. Where the lender intends to stop making this information and documents available, it must inform the borrower in advance and within a period of not less than two months, by any…

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Article L314-31 of the French Consumer Code

The provisions of this section do not apply to distance contracts for financial services governed by the Chapter II of Title II of Book II of this Code, as well as canvassing and the remote provision of financial services governed by the Chapters I and III of Title IV of Book III of the Monetary and Financial Code.

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Article L314-32 of the French Consumer Code

The creditor shall ensure that the information sheets provided for in articles L. 312-12 and L. 313-7 as well as the credit offers and agreements provided for in articles L. 312-13, L. 312-28 and L. 313-24 that it provides to its customers meet the accessibility requirements for disabled persons set out in article L. 412-13.

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Article L315-1 of the French Consumer Code

The life mortgage loan is a contract by which a credit or financial institution grants a natural person a loan in the form of a capital sum or periodic payments, secured by a mortgage on a property owned by the borrower for use exclusively as a dwelling, the repayment of which – principal and interest capitalised annually – can only be demanded on the death of the borrower or on…

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Article L315-2 of the French Consumer Code

A credit institution, a financial institution or a third-party financing company mentioned in 8 of Article L. 511-6 of the Monetary and Financial Code may finance renovation work by means of an advance transfer loan secured by a mortgage for the initial amount of the loan plus interest capitalised annually, repayment of which may only be demanded when the property is transferred. Repayment of the interest may be made in…

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Article L315-4 of the French Consumer Code

Any advertisement made, received or perceived in France which, regardless of its medium, relates to a life mortgage loan transaction defined in article L. 315-1 or the transfer advance loan defined in article L. 315-2, is fair and informative. To this end, it must mention: 1° The identity of the lender, the nature of the proposed transaction, its total cost and the overall effective rate, excluding any other rate, calculated…

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