Discover the 5 advantages to sell in bare ownership

FIND A COMFORT OF LIFE

You receive immediate capital based on the value of the property. Unlike life annuity, this capital is received in one go.

 

KEEP THE USE OF YOUR HOUSING

By selling your property in bare ownership, you continue to enjoy your home while maintaining your lifestyle. This option ensures you better living comfort over time.

 

CARRY OUT NEW PROJECTS

Your projects are ageless. Bare ownership allows you to improve your purchasing power and take full advantage of life by embarking on new projects or taking on new hobbies.

 

ANTICIPATE YOUR ESTATE

Bare ownership is an opportunity to financially support those around you through donations.

 

BENEFIT FROM AN ATTRACTIVE TAX FRAMEWORK

The net capital received by the seller is non-taxable in the context of the sale of his principal residence.

 

 

Our bare ownership experts support you throughout the sales process.

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Discover the 5 advantages of selling bare ownership

Rediscover a comfortable lifestyle

Selling bare ownership allows you to receive immediate capital, calculated based on the value of your property and the anticipated duration of the usufruct. Unlike a life annuity, this capital, called net seller's capital, is received in a single payment upon signing.

This immediate liquidity opens up new financial opportunities and offers true peace of mind for the years to come.

You are free to use this sum to realize your projects, secure your future, or simply enhance your daily comfort.

 

Retain the use of your home

By selling your property as bare ownership, you retain the usufruct, that is, the right to use and occupy the property for life. You continue to enjoy your home and maintain your lifestyle there, with complete legal security.

This continuity Maintaining a comfortable living environment is one of the most appreciated benefits of this program. Your daily routine remains unchanged: no moving, no disruption, no loss of familiar surroundings. Your home remains your home, under the same conditions as before.

 

Realize new projects

Your projects are timeless. The capital received allows you to significantly improve your purchasing power and fully enjoy life: travel, leisure, supporting loved ones, new real estate acquisitions, or simply greater financial freedom in your daily life. This is an opportunity to transform real estate assets, often tied up for decades, into concrete achievements, at the very moment you desire them most and can fully enjoy them. Planning Your Estate Selling the bare ownership is an opportunity To provide financial support to your loved ones during your lifetime, through largely tax-deductible gifts. You can support a family project, finance a grandchild's education, contribute to the purchase of a first property, or organize your estate planning under optimal conditions. This proactive approach, carried out within a secure legal framework, also reduces the tax burden on future heirs. Giving rather than bequeathing allows you to fully utilize inheritance tax allowances, which are renewable every fifteen years.

 

Benefit from an attractive tax framework

The net capital received by the seller is, in most cases, not taxable when selling their primary residence. This exemption constitutes a major tax advantage, unmatched by other wealth mobilization schemes.

Furthermore, in bare ownership, major repairs as defined in Article 606 of the French Civil Code are the responsibility of the buyer.

Property tax can, according to the terms of the contract, also be transferred to the bare owner. All of these provisions significantly reduce the seller's housing budget and make selling bare ownership one of the most tax-efficient estate planning strategies.

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Who is the bare ownership sale intended for?

The sale of bare ownership is primarily aimed at homeowners aged 60 and over who wish to increase the value of their real estate assets without sacrificing their lifestyle. The older the seller is at the time of signing, the higher the net proceeds from the sale, due to the decreasing value of the retained usufruct.

Several typical profiles are particularly suited to this arrangement. Retired homeowners who wish to supplement their income without affecting their residential property. Couples without direct heirs or whose heirs are already Well-established individuals who prefer to enjoy their assets during their lifetime. Property owners wishing to help their loved ones through significant gifts. Finally, owners of exceptional properties whose real estate value far exceeds their daily needs, and who seek to leverage a portion of this value in an elegant manner. The sale of bare ownership is particularly well-suited to properties located in tight real estate markets, where demand from bare ownership investors is strong, as is notably the case in Paris and major regional cities.

Selling bare ownership: the key steps in the process

The sale of bare ownership is a wealth management transaction that unfolds in several stages, each requiring specific expertise to protect the seller's interests.

 

Property valuation is the first stage. It relies on a thorough analysis of the local market, the property type, and its unique characteristics. The accuracy of this valuation directly determines the net selling price.

 

Wealth assessment follows. It allows you to integrate the tax, family, and inheritance aspects of the transaction, and to define the structure best suited to your situation: the anticipated duration of the usufruct, the capital allocation, and the terms of reversion between spouses, if applicable.

 

The signing of the sales mandate formalizes the collaboration between the seller and the specialist who will handle the marketing. Choosing a specialized partner is crucial here: the bare ownership buyers form a select circle of sophisticated investors, whom it is essential to identify and approach.

 

Connecting with a qualified buyer relies on the specialist's network. Junot Viager leverages a network of qualified investors—institutional investors, family offices, and private investors—ensuring fast and discreet transactions.

 

The signing of the authentic deed at the notary's office finalizes the transaction. The seller receives On this occasion, the seller retains the entirety of the net capital and their usufruct, freely enforceable against third parties.

 

Post-signing follow-up is too often neglected. Junot Viager provides ongoing support to the seller after the transaction, addressing all day-to-day management issues: maintenance, expenses, and relations with the bare owner.

Junot Viager Expertise at your service

Junot Viager has chosen to specialize exclusively in bare ownership sales and life annuities. This focus guarantees our clients in-depth mastery of the legal, tax, and estate planning intricacies specific to each transaction.

 

Our support is based on four pillars: a free estate planning study incorporating all your personal and family objectives; a tailor-made structuring of the transaction; a multidisciplinary team composed of expert advisors, specialized lawyers, and notarial partners; and after-sales support to guarantee your peace of mind over the long term. This approach, deeply rooted in the DNA of Maison Junot, is primarily aimed at owners of exceptional properties who wish to enhance the value of their assets discreetly. Our bare ownership experts will guide you throughout the entire sales process.

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Frequently Asked Questions about the sale of bare ownership

At what age can I sell bare ownership?

There is no legal minimum age, but selling bare ownership becomes relevant from around age 60. The value of the retained usufruct decreases with the seller's age, which mechanically increases the net proceeds received by the seller. The most common age range is between 65 and 80.

 

How much can I expect to receive from a bare ownership sale?

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The net proceeds from the sale depend on three main factors: the market value of the property, the age of the usufructuary(ies), and the terms of the contract. As a guideline, for a 75-year-old seller, the proceeds received generally represent between 50% and 60% of the property's full ownership value. A detailed financial analysis is essential to determine the exact amount.

 

What happens if I want to move after the sale?

The retained usufruct is a personal right, freely exercised by the seller. You can leave your home at any time, for example, to move into a serviced residence or to live with a family member. In some cases, the usufruct can be rented out: you then receive rental income, which is added to the initial capital received.

 

Is the sale of bare ownership taxable?

The capital received from the sale of bare ownership of your primary residence is, in almost all cases, exempt Capital gains tax, under the exemption applicable to primary residences. Our team will assist you with a precise tax analysis of your situation.

 

Who pays for expenses and maintenance during the usufruct?

The usufructuary, i.e., the seller, is responsible for routine expenses and maintenance of the property. Major repairs, as defined in Article 606 of the French Civil Code (roof, structure, structural work), are the responsibility of the bare owner. Property tax can, according to the terms of the sales contract, be transferred to the bare owner upon signing.

 

What is the difference between a bare ownership sale and a life annuity sale?

The main difference lies in the nature of the consideration. In a bare ownership sale, the seller receives a lump sum payment upon signing, with no subsequent annuity payments. In a life annuity sale, the seller receives an initial lump sum payment followed by a lifetime annuity. Both arrangements allow the seller to continue occupying the property.

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To go further

Are you hesitating between selling bare ownership and selling a property as a life annuity? Read our related article, "What are the main differences between selling bare ownership and selling as a life annuity?", to identify the option best suited to your financial situation.

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