What is a life annuity without an annuity payment? A life annuity without an annuity payment, also known as a bare ownership sale, is a type of life annuity sale in which sellers do not receive a life annuity in…
In this article, we explain how the bare ownership value of a property is calculated, and offer specific examples. The division between usufruct and bare ownership is determined by a tax scale based on the age of the usufructuary. What…
Why should you consider selling the bare ownership of your property? The bare ownership sale of a property is a transaction that allows an owner to transfer ownership of the roof and four walls (the entire structure of the building,…
Bare ownership is a term used in real estate law to refer to the ownership of a property without the usufruct. In other words, the bare owner owns the property but does not have the right to use it (for…
