The Alur law aims to further regulate the exercise of the profession of real estate agent. To this end, several texts have recently been adopted. Thus, the code of ethics, the principle of which was provided for by the Alur law, is now applicable to these professionals. Similarly, the terms and conditions relating to their insurance obligation have been clarified.
Code of ethics
Since September 1 , 2015, the code of ethics for real estate agents (decree no. 2015-1090 of August 28, 2015 setting the rules constituting the code of ethics applicable to certain persons carrying out transaction and property and fund management activities of Commerce) entered into force. This code, containing twelve articles, notably includes requirements relating to the ethics of these professionals, their skills and the organization of the company.
Insurance obligation
The obligation to take out civil liability insurance, imposed by article 24 of the Alur law, is specified by decree no. 2015-764 of June 29, 2015 relating to the obligation of professional civil liability insurance for commercial agents. real estate. This decree, which entered into force on October 1 , specifies in particular that agents must be able to justify an insurance contract at any time.
The minimum conditions of the contract as well as the form of the contract were the subject of the decree of July 1, 2015 amending the decree of September 1, 1972 as amended setting the minimum conditions of the insurance contract and the form of the supporting document provided for by Decree No. 72-678 of July 20, 1972 setting the conditions for the application of Law No. 70-9 of January 2, 1970 regulating the conditions for the exercise of activities relating to certain transactions relating to buildings and businesses . This decree notably sets the minimum amount of guarantee at 75,000 euros and specifies in the appendix the minimum content of the contract.
