more real estate definitions
grosses reparations(F)
As defined and explained in this ONLINE Encyclopedia
major repairs; structural repairs. In particular, those repairs that are not normally the responsibility of a usufructuary (C. Civ., art. 605). "Structural repairs are those to main walls and vaults, the restoration of main beams and the reroofing in its entirety; also repairing of dykes, load-bearing walls and enclosing walls in their entirety. All other repairs constitute maintenance", C. Civ., art. 606. Also, a lessor (bailleur) is normally responsible for major or structural repairs to a leased building (grosses réparations), unless there is an express agreement to the contrary. See also réparation locative, usufruct.
© Delta Alpha Publishing
Terms in bold are defined elsewhere in the Encyclopedia.
Further explanation of the style of reference material is provided in the
User Guide
More Real Estate Definitions
acceleration clause;
bargain and sale;
base fee;
easement;
emphyteotique lease;
exclusive agency;
fructus(Lat);
highest and best use;
home valuation code of conduct (HVCC)(US);
immeuble(F);
leasehold enfranchisement;
market value (MV);
once a mortgage, always a mortgage;
partial release (or the rule in Dumpor's Case);
possession;
resecuritization;
resulting trust (and Quistclose trust);
strata title;
tenantable repair;
Torrens title;
unjust enrichment;
waste