Property in Luxembourg

Objectives

This training aims to present to the participants the different ways to structure a property transaction, to give them an overview of the legal and regulatory framework of town planning at municipal level, as well as the various insurance policies to be taken out during the execution of a property project in Luxembourg.

Content

he following topics will be presented:

• Transactional structuring (presentation by Christian Point)

1. Asset Deal
2. Share Deal
3. VEFA (sale before completion transaction)
4. Forward sale – Forward funding
5. Assessment of the building
6. Price determination methods
7. Processing of the latent surplus value
8. Registration fees (property tax component)
9. Contractual instruments

• Regulatory environment and administrative authorisations (presentation by Martial Barbian)

1. PAG
2. PAP
3. Authorisations to build
4. ‘Commodo/Incommodo’
5. Risks of recourse

• Construction and insurance (presentation by Pierre Hédouin)

1. Contractual relations in the context of a construction project
2. Warranties
3. Construction insurance (all-site risks – insurance – test)
4. Lease

Speakers

Our speakers belong to both our specialised and complementary teams and as such cover all legal, regulatory, taxation and advisory aspects of doing business in Luxembourg. We invite you to check our training agenda where the speakers are listed on each training session.

Target audience

Property agents, developers, and lawyers, insurance lawyers or anyone who manages a property project in Luxembourg.

Duration

1 day.

Language

French

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For more information please contact us by e-mail institute@arendt.com