What is viager?

Viager is a specific form of real estate sale that allows a seller (the crédirentier (life annuity recipient)) to transfer their property in exchange for an initial capital (the bouquet) and a monthly life annuity (rente viagère) paid by the buyer (the débirentier (life annuity payer)) for life.

Viager formulas

Several formulas are available to suit different needs:

• The occupied viager: the seller retains use of the property for life.
• The vacant viager: the buyer takes immediate possession of the property.
• The term sale: payment over a fixed predetermined period.
• The bare ownership (nue-propriété): the buyer purchases the bare ownership, while the seller retains the usufruct.

Calculating the bouquet and life annuity

The amount of the bouquet and life annuity depends on the property's market value, the seller's age, and their life expectancy. Consult our Barème Daubry, the historical reference for viager professionals in France.