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Real estate glossary

Buying a property en viager (acquisition en viager)

Purchase of a property whose price may consist of a lump sum (bouquet) and a life annuity paid to the seller, on the agreed terms and under the applicable rules.

Also known as: Life annuity purchase
Category: Buying and selling
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General definition provided for information only. The rules that apply depend on your situation, the country and the law in force: check them with a professional (notary, lawyer, estate agent).

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