Related
Living in Paris • Residential Topics
Rental Revision, IRL or ICC?
How to Revise the Rent
IRL 1st quarter 2012 = 122,37
- The current French official rental referencing index (indice de référence des loyers) has been published on april 13, 2012 by INSEE*.
- As long as it is mentionned on the lease contract, the rental amount can be revised each year, based on the IRL (indice de référence des loyers - rental referencing index) which is published each trimester by INSEE*.
- Revision date: anniversary date of lease
- The following formula enables you to calculate the new amount of the rent :
Current rent x new IRL known at revision date
IRL known at date of lease or at date of last revision
ICC - Average of the 4th quarter 2011 = 1602,25
- The last average of ICC (Indice du Coût de la Construction / Index for Building Cost) was published by the INSEE (French National Institute for Statistics and economics Studies) on april 6, 2012.
- The history of the ICC is available for consultation and downloadable on the site of the INSEE: Index for Building Cost
© Copyright Claire de Circourt
Recent articles
- What’s Happening with Furnished Apartment Rentals in Paris?
- What is a "Colocation" in Paris? A Renter's Guide to Multiple Tenant Contracts
- Reclaiming the Property for One's Residence
- Notice from the Landlord When Selling His Property
- What Is So-called "Decent Housing" in France?
- More on the Energetic Performance Diagnosis (EPD)
- Apartment Rentals in Paris: The Security Deposit
- Paris Apartment Rentals - When Size Matters
- Walkthrough
- Energy Performance Diagnosis
