Owner sells the property, receives an Initial Amount (Down Payment) at the date of the transaction, and still receives monthly Lifetime Rents, until the end of the Seller's life.
The Owner also keeps enjoying the property until the end of its life!
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Own a property with an open-ended contract and a senior tenant (or couple of tenants) with low income?
Sell your property through a sales contract where you receive an initial amount and lifetime rents, indexed to the tenant's lifetime.
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You can sell your secondary house, maintaining the enjoyment and still obtain lifetime income.
Owner sells the property, keeping the lifetime use, in exchange for an initial payment plus lifespan annuities.
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