Real estate investment: Is non-occupant owner insurance compulsory?

We answer a question about non-occupant homeowner insurance with the lawyers of the SVP Group, information and decision support service.

The question: When a property is rented, must the owner take out non-occupant owner insurance?

There is no legal obligation for any landlord to take out non-occupant homeowner insurance. This is therefore optional.
On the other hand, the regulations relating to co-ownership require each co-owner to insure himself against the risks of civil liability for which he must respond in his capacity either as an occupying co-owner or as a non-occupying co-owner.
Thus, as soon as the leased property is located in a condominium, the lessor co-owner is obliged to take out a civil liability insurance contract. This insurance is often offered with non-occupant homeowner insurance.

Legal source: Article 9-1 of law n ° 65-557 of July 10, 1965 relating to co-ownership