* You are a holder of a pension old age and not tax-payer on the income in conformance with the year of realization of the surplus or your subscription of tax is lower at the beginning of stake in covering (400 F for the income tax of 1999);

* The value of your property domestic patrimony in France and abroad, including the given up good, does not exceed 400 000 F increased by 100 000 F by dependent child from the third.

To benefit from this exemption, you should join the statement of surplus to the statement of all incomes (N 2042).

The tax-exempt operations

The exemption applies to the surplus realized occasionally:

* Of operations of regrouping of lands and likened (exchanges of rural buildings, notably) when they are realized in accordance with the statutory procedures and without speculative intention;
* Of an expropriation because of public utility if you reuse, in the six months of the payment, the totality on behalf of representative reparation of the price of transfer in the purchase of possessions of the same nature or, on certain conditions, in the construction, the reconstruction or the increase of a building.

The taxable surplus is

In the short run if they result from the transfer of possessions acquired for less than two years;

In the long run if they result from the transfer of possessions acquired for more than two years.