Vaneau Viager

GENERAL INFORMATION

A life annuity sale involves a contract which stipulates the rights and requirements of the respective contracting parties limited to the duration of the life of one or several of the parties to the sale agreement. The DEBIRENTIER (purchaser) pays the CREDIRENTIER (seller) part of the value of the property, this is called the BOUQUET (a kind of part-payment), then will proceed to pay a sum which is called “RENTE viagère” every month, trimester or year for the duration of the CREDIRENTIERS (sellers’) life or lives.

The annuity will be paid “on the life of one or several persons” also called the credirentier whose death or deaths will end the payments and finalise the contract. The “viager” is therefore an “indefinite” contract or a contract without defined end.

ADVANTAGES OF THE “VIAGER”

Life annuity sales offer advantages for the CREDIRENTIER (seller) :

• The CREDIRENTIER (seller) is ensured a regular income in addition to a retirement pension while maintaining the use of the property (or not) throughout their life.
• The CREDIRENTIER (seller) may at all times modify the contract from occupied to unoccupied, therefore increasing the annuity amount paid in compensation for releasing the property.
• In an occupied annuity sale, the CREDIRENTIER (seller) benefits from reduced body corporate expenses and is no longer liable to pay property tax or building renovations voted by the co-proprietors  .
• The CREDIRENTIER (seller) benefits from a considerable tax rebate on the amount of the annuity declared. This portion can vary depending on the age of the crédirentier at the time of signature of the contract and can reach a 70% rebate.

Life annuity sales also offer advantages for the DEBIRENTIER (purchaser ):

• Becoming a property owner without needing to pay large amounts of money at the time of sale.
• To purchase real estate without requiring a bank loan.
• In the case of occupied life annuity, the DEBIRENTIER pays lower administrative fees, calculated on the value of the occupation and can hope for added value at the time of release and sale of the property.  

IMPORTANT GUARANTEES FOR THE CREDIRENTIER (SELLER)

The payment of the annuity is guaranteed by :

The seller’s right (guaranteed or secured by the mortgage) which allows him to rescind the contracted sale should the payments fail.

The “action résolutoire de plein droit” allows the crédirentier to reclaim the property.

When a penalty clause is stipulated, the crédirentier retains the annuities already paid, as well as a share, or even the entirety, of the “bouquet” (a kind of part-payment).

To discourage late payments, it is possible to provide for a late payment rate interest.

A legally binding copy (“copie executoir”) of the contract is held by the CREDIRENTIER, so as allow him to take legal action against the DEBIRENTIER for payment if necessary.

LIFE ANNUITY SALE

Life annuity sale is a standard form of sale with specific terms and conditions, it must comply with specific regulations, formalities and requirements.

The annuity is determined by the financial value of the property, whether it is occupied or not, as well as the age of the crédirentiers (sellers). To determine this, an an average is taken of the values according to several financial scales.

The CREDITRENTIER may retain the “usufruit” or the exclusive right of use and occupation of the property, although this must be taken into account in the calculation of the annuity contract.        

The CREDIRENTIER may request the payment of a “bouquet” (first payment or kind of part-payment) and the balance  is converted into the annuity payments which will be paid monthly, quarterly or annually.

To alleviate the effects of monetary erosion or inflation, it is highly advisable to index the annuity.

VANEAU VIAGER, CUSTOMISED AFTER SALE GUIDANCE

Vaneau Viager has over 30 years of experience in the sale of life annuity real estate and will guide you through the terms and conditions of sales using our agencies:

• Calculation of the annual annuity indexation
• Calculation of adjustments to annuities, should the CREDIRENTIER wish to convert the annuity contract from occupied to unoccupied.
• Calculation of the annual distribution of the expenses between the débirentier and the crédirentier for real estate in co-owned buildings.
• Determination of the share of renovation expenses between the débirentier and the crédirentier,

Advice concerning the follow-up of the annuity sale by entrusting Vaneau Viager to manage the property.

Votre projet immobilier avec Vaneau Nue-propriété & Viager

Vaneau Nue-propriété & Viager, acteur majeur de la vente en Nue-propriété sur Paris.

Avec un savoir-faire basé sur plus de 50 années d’expérience, Vaneau fait partie des leaders de l’immobilier de prestige parisien.
Notre département Nue-propriété & Viager accompagne nos clients propriétaires et investisseurs dans leur projet patrimonial, en leur conseillant la meilleure formule pour monétiser leur bien immobilier et leur patrimoine.

Un interlocuteur unique, spécialiste de la vente en Nue-propriété et en Viager

Afin de vous garantir une qualité de service optimale, votre conseiller sera votre unique interlocuteur durant tout votre projet.
Cela vous garantit une réponse efficace et dans les meilleurs délais à toutes les problématiques que vous pourriez rencontrer, qu’elles soient d’ordre juridiques ou administratives. Votre conseiller est appuyé en permanence par les services juridique et gestion de patrimoine du Groupe, vous garantissant un service optimal en toutes circonstances.

La meilleure stratégie pour la commercialisation de la Nue-propriété de votre bien

• Une estimation immobilière au plus juste

Pour une estimation de la valeur vénale de votre bien au plus prés du marché, nous nous appuyons sur la richesse de notre base historique d’estimations et de biens vendus, nos 15 agences parisiennes spécialistes de leur secteur, ainsi que d’outils digitaux performants.

• Une communication efficace

En nous confiant votre bien à la vente, nous serons en mesure de le diffuser, à votre convenance, sur les meilleurs supports de communication haut de gamme et immobiliers.

• Une clientèle privée et institutionnelle

Vaneau Nue-propriété & Viager travaille avec une clientèle privée mais aussi institutionnelle, très en demande de ce type de produits.

Vous souhaitez des informations sur la vente ou l'achat en nue-propriété ?

Contactez dès à présent nos spécialistes.

Vincent ILLOUZ
Directeur Vaneau Nue-propriété & Viager
+33 1 53 10 15 10
vincent.illouz@vaneau.fr