Life annuity is a real estate transaction popular in France where a buyer makes a down payment and then a series of payments on a house for as long as the seller is alive.
In a life annuity agreement, a person agrees to sell their property to a purchaser in exchange for a down payment, known in France as the “bouquet,” and regular cash instalments for the rest of their life.
Additionally, the seller continues to live in the house for the remainder of their life.
It is only when the seller passes that the purchaser is free to take over the property.
Victorine Immobilier offers expert advice on life annuity transactions.
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Great professionalism, excellent expertise and, great ability to listen, always looking for solutions, and in the end a successful sale in less than 2 months. I would advise my friends who have a property to sell in the future, to entrust their project to Amandine, with the certainty that it will be well taken care of.
We were advised on the different processes and the different investments that could be made, and this allowed us to enrich ourselves in the type of project that is possible to do. We were very satisfied!
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