Glossary 

 

Our glossary defines frequently used mortgage terms. Click on one of the following letters of the alphabet to locate a specific term on this page.

More trading Real Estate Company / Société Civile Immobilière ou SCI

An SCI - Société Civile Immobilière – or More trading Real Estate Company - can be described as a property-holding company. It enables two or more people to purchase a property together. Creating an SCI provides the buyers with two main advantages as opposed to buying a property as separate individuals.
 • It facilitates the transfer of a share of the property to someone else should one of the buyers wish to sell their interest. In doing so, the remaining parties who also purchased the property are not obliged to sell their shares if they do not want to.
 • It can provide greater flexibility in the context of French inheritance laws.
 

BNP Paribas International Buyers is a business line of BNP Paribas Personal Finance.
BNP Paribas Personal Finance - Credit institution – Société Anonyme incorporated under French law with a share capital of 453 225 976 euros - 542 097 902 RCS Paris -
Head office: 1 bd Haussmann, 75009 PARIS Insurance Intermediary (N° ORIAS : 07 023 128) Insurer(s): Cardif Assurances