A simple and humane 4-step accession procedure:
Step 1: We get to know each other and check that our respective expectations are in harmony.
Step 2: We send you an application form to return to us.
Step 3: On receipt, our legal expert checks the file for conformity, acknowledges receipt and prepares the deed.
Step 4: Once the deed of sale has been signed, we send you a ‘certificate’ drawn up by our partner firm, AGYR, which handles the registration formalities with the commercial court clerk’s office.
A simple and humane 4-step accession procedure:
Step 1: We get to know each other and check that our respective expectations are in harmony.
Step 2: We send you an application form to return to us.
Step 3: On receipt, our legal expert checks the file for conformity, acknowledges receipt and prepares the deed.
Step 4: Once the deed of sale has been signed, we send you a ‘certificate’ drawn up by our partner law firm, AGYR, which handles the registration formalities with the commercial court clerk’s office.
This simple, secure legal arrangement has been implemented, tested and approved across all our vineyards. The formalities following the acquisition of shares are carried out by AGYR. Our approach is based on a simple legal structure. It has been validated by experts.
For each of our vineyards, we set up a Groupement Foncier Viticole or a Société Civile Immobilière.
A simple legal structure
A lease is granted to a winegrower who assumes financial and legal responsibility for the operation. The investment is unique and definitive. Ownership of the vines and their operation are separated, guaranteeing “associated capital”.
To preserve human contact, we refuse to create an anonymous investment platform, and have therefore opted for unregulated participatory financing.
This simple, secure legal arrangement has been implemented, tested and approved across all our vineyards. The formalities following the acquisition of shares are carried out by the AGYR law firm. Our approach is based on a simple legal structure. It has been validated by experts.
For each of our vineyards, we set up a Groupement Foncier Viticole or a Société Civile Immobilière.
A simple legal structure
A lease is granted to a winegrower who assumes financial and legal responsibility for the operation. The investment is unique and definitive. Ownership of the vines and their operation are separated, guaranteeing “associated capital”.
To preserve human contact, we refuse to create an anonymous investment platform, and have therefore opted for unregulated participatory financing.
The Sociétés d’Aménagement Foncier et d’Etablissement Rural(Safer) help us to choose the right land and to carry out the project.
We have established a partnership with AGYR, which provides us with accounting expertise.
The Sociétés d’Aménagement Foncier et d’Etablissement Rural(Safer) help us to choose the right land and to carry out the project.
We have established a partnership with AGYR, which provides us with accounting expertise.
Fixed annual rent paid in kind
Under the tenant farming system, the operator pays the partners a fixed annual rent.
This is always paid in kind (bottles of wine). The aim of our overall approach is anything but speculative.
To keep pace with the vineyard, dividends are paid when the vintage is released. It’s a pleasure-based approach, so the wine rent is not, and should not be, the main motivation for joining a vineyard.
A privileged rate is granted to associates on all Terra Hominis vineyard wines.
To collect bottles of wine, it’s best to come and pick them up at the winery, or have them added to a wine order placed with the winemaker at the associated rate. The cost of mailing dividends alone is borne by the associates.
Fixed annual rent paid in kind
Under the tenant farming system, the operator pays the partners a fixed annual rent.
This is always paid in kind (bottles of wine). The aim of our overall approach is anything but speculative.
To keep pace with the vineyard, dividends are paid when the vintage is released. It’s a pleasure-based approach, so the wine rent is not, and should not be, the main motivation for joining a vineyard.
A privileged rate is granted to associates on all Terra Hominis vineyard wines.
To collect bottles of wine, it’s best to come and pick them up at the winery, or have them added to a wine order placed with the winemaker at the associated rate. The cost of mailing dividends alone is borne by the associates.
The purchase of a share in a vineyard via Terra Hominis must be a long-term investment for the associate, a commitment over time to the winegrower and his work. For this reason, shares should only be resold in the event of exceptional circumstances.
Each resale requires a deed of transfer of shares, which must be registered with the tax authorities and the court clerk’s office, and entails a modification of the SCI/GFV’s articles of association. These procedures are costly and can take several months or even years, which means that cash flow is not immediate.
The purchase of a share in a vineyard via Terra Hominis must be a long-term investment for the associate, a commitment over time to the winegrower and his work. For this reason, shares should only be resold in the event of exceptional circumstances.
Each resale requires a deed of transfer of shares, which must be registered with the tax authorities and the court clerk’s office, and entails a modification of the SCI/GFV’s articles of association. These procedures are costly and can take several months or even years, which means that cash flow is not immediate.
