It is defined as a life annuity sale without.. annuities.
The purchaser pays a capital at the signing of the act and nothing afterwards. The buyer therefore minimizes the risk of paying a pension for a very long time. The seller, meanwhile, will be granted a significant sum of money immediately.To be noted: unlike the occupied life annuity or the forward sale, there is no mortgage on sold properties.As a result, it is the only type of life annuity sale that can be financed by banks.
There is two different types of single payment annuity sales:
In this case, the seller cannot lend or rent their property.
The property tax is due, moreover, by the buyer (excluding the waste removal tax).
The seller can rent their property (possibly subject to prior agreement from the bare owner).
The interest of this solution for the investor is that for wealth tax purposes, the value of the property in full ownership is declared by the seller. Property tax is paid by the usufructuary.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
