Single payment annuityIt 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:
SALE WITH THE RIGHT TO USE AND INHABIT:
In this case, the seller can neither lend nor rent his property.
The property tax is due, moreover, by the purchaser (with the exception of the garbage removal tax).
The seller can rent his property (possibly subject to the prior agreement of the bare owner).
The advantage of this solution for the investor is that at the level of the "ISF", the value of the property in full ownership is declared by the seller. The property tax is due by the usufructuary.
ADVANTAGES OF THIS FORMULA ON THE SELLER'S SIDE:
He will dispose of a large sum of money as soon as the act of sale is signed;
ADVANTAGES ON THE BUYER'S SIDE:
Disappearance of the "random" nature of the payment;
Possibility of recourse to a bank loan.