Article R2241-4 of the French General Code of Local Authorities
When the price of acquisitions of real estate, real property rights or businesses made under the rules of common law by municipalities and their public establishments gives rise to reinvestment in real estate, the public accountants remit the funds to the notary drafting the deed transferring the real estate acquired in reinvestment. The funds are handed over at the request of the seller and on production of a certificate from…