Discover how to formalize a peaceful cohabitation through suitable contracts

Cohabitation can be formalized through different types of contracts, each offering specific advantages. Among the most common are the Free Accommodation Occupancy Contract and the Temporary Residence Contract. Let’s explore these contracts in detail.

Temporary Residence Contract – Anti-squat law.

This contract is used for short stays, often in exchange for services. The tax benefits include:

• For the Host-accommodator: Deduction of expenses related to temporary accommodation from taxes, under certain conditions.
• For the Supportive Cohabitant: Possibility to benefit from low-cost housing in exchange for services.

Example: Marc, a young professional, a Cohabitant of ToitChezMoi, is housed free of charge in an unoccupied building in Paris. In return, he watches over the property to prevent squatters and damage to the housing. With the Host, the property owner, there is no lease but a simple temporary residence contract.

Supportive Intergenerational Cohabitation Contract

Supportive intergenerational cohabitation offers seniors over 60 the possibility to rent or sublet part of their housing to a young person under 31 years old.

According to a study by the Social Union for Housing, supportive intergenerational cohabitation is growing, with more than 850,000 tax households in intergenerational cohabitation in 2017. This form of cohabitation notably helps strengthen social bonds and achieve substantial savings.

Free Accommodation Occupancy Contract

This contract allows a person to occupy housing without paying rent, in exchange for services rendered. Thus, the tax benefits for the parties include:

• For the Host-accommodator: Possibility to benefit from an exemption from the housing tax if income conditions are met.
• For the Hosted Cohabitant: Access to housing without rent costs, which can represent substantial savings.

Example: Sophie, a single mother, hosts Lucas, a student, in exchange for a few hours of homework help per week. Sophie benefits from a housing tax exemption, while Lucas finds affordable housing.

The Importance of Making a Contract

Why formalize cohabitation with a contract?

1. Legal security: A written contract protects the rights and obligations of each party, reducing the risk of conflicts.
2. Tax benefits: Contracts allow benefiting from tax exemptions and deductions.
3. Clarity of terms: A contract specifies the terms of the exchange of services, ensuring mutual understanding of expectations.

To benefit from these tax advantages, it is crucial to respect the specific conditions of each contract and to properly declare the income received in exchange for services.

Would you like to learn more about the tax benefits of cohabitation? Click HERE and find all our tips.

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On ToitChezMoi.com, you can find all these contracts as it simplifies the implementation of secure and advantageous cohabitations. However, they are only proposals and do not bind ToitChezMoi.