Reconstruction: Insurance to take out and ask companies

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The ten-year guarantee

The ten-year guarantee is compulsory in France and in Saint-Martin for all building professionals (entrepreneur, property developer, developer, project manager, architect, technician, design office, consulting engineer). This obligation also concerns foreign building professionals, who must be able to justify that their guarantee covers ten-year liability under French law for contracts executed in France.

When you request a quote from a professional, you must - if he does not do it himself - ask him for his ten-year guarantee.

Work damage insurance?

It allows the pre-financing of damages of a ten-year nature. It assures you of the payment of the totality of the repair work of the faults while awaiting the court decision which will establish the responsibility of the contractor.

You must subscribe if you are an individual and you carry out structural work. If you own a property located in a condominium, the syndicate of co-owners subscribes to it.

(More details on www.soualigapost.com)

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