4 ms·
Being French, I never heard of someone doing this with strangers. On the other hand, it's a well known way to bypass succession fees : parents sell (or find a
by Fradow 10y ago
Being French, I never heard of someone doing this with strangers.
On the other hand, it's a well known way to bypass succession fees : parents sell (or find a way to pass on without monetary exchange) the house in viager to their children, and continue living there until they die.
That way, even in a case where there is disagreement in the family later on, parents can't be forced out of the house.
- pif 10y agoSame thing in Italy concerning succession. It exists as well with strangers, but I never heard a regular payment was involved: you just buy the so-called "nude property" and then wait.
- igravious 10y ago"bare property" :)
- kawera 10y agoIt's a low-profile business but transactions between strangers aren't as rare as one might think. Paris has a few notaires specialized in rente voyagère working in tandem with financial advisors. I know Toulouse and Aix also have those. It can be a great solution for an old homeowner with meager retirement earnings and no natural beneficiaries.
- ProfChronos 10y agoI thought you couldn't do it with members of your family, has it changed? Didn't have a look at it for a while...