Liquidation of the Community

Undervalued real estate, who is responsible?

Publié le null - Directorate for Legal and Administrative Information (Prime Minister)

In the liquidation of a community, the notary's duty of advice does not relate to the value of a property unless there are clear grounds for suspecting undervaluation. This is recalled by the Court of Cassation in a judgment of 6 October 2021.

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Image 1Crédits: © VadimGuzhva - stock.adobe.com

A notary prepares a deed that divides the property of a former spouse following a divorce. The ex-husband is assigned two properties. These goods are then sold at a price higher than the price indicated in the deed. The ex-husband is ordered to pay his ex-wife a sum in compensation for the damage suffered as a result of the undervaluation. The notary had enough evidence to suspect undervaluation.

The Court of Cassation does not share this view. The notary is only required to alert the parties in the event of obvious undervaluation. That evidence is not being brought forward. The notary is not at fault.

Agenda