Property Management

French Leasebacks are bought both furnished and unfurnished, according to the type of contract. One of the responsibilities of the management company is to maintain the fabric and condition of the building and the furniture. Some developments require the owners to pay towards these costs, with others it can be included in the purchase price, so there are no ongoing maintenance costs.

The manager will be responsible for finding tenants and all aspects of the property maintenance, although with some contracts, owners may have to make a contribution towards furniture replacement costs, for example.

There is always a ready market for the repurchase of quality Leasebacks. We only deal with management groups who have the resources and experience to offer repurchase facilities at the end of the contract.

A the end of the contract, the owner has the option to renew the contract, sell the property on the open market or sell the property back to the management group, depending on the terms of the lease.