Your Life Annuity in Complete Security
Discover all the guarantees that protect your life annuity transaction in Luxembourg. Your peace of mind is our absolute priority.
Our 7 Essential Guarantees
Annuity Payment Guarantee
Article 1968 of the Luxembourg Civil Code
Your monthly annuities are guaranteed by a bank surety or a mortgage on the property. If the buyer defaults, the bank takes over.
Guarantee details:
- ✓Irrevocable bank surety
- ✓First-rank mortgage guarantee
- ✓Automatic payment in case of default
- ✓100% coverage of the annuity amount
Protection of your Right of Habitation
Law of 21 September 2006 on mortgages
Your right of use and habitation is registered in the land register and legally protected. No one can evict you from your home.
Guarantee details:
- ✓Registration in the land register
- ✓Inalienable life right
- ✓Protection against eviction
- ✓Retention in case of resale of the property
Complete Notarial Supervision
Law of 9 December 1976 on the organisation of the notariat
Every life annuity transaction is mandatorily authenticated by a Luxembourg notary who verifies the legality and security of the operation.
Guarantee details:
- ✓Mandatory notarial authentication
- ✓Solvency verification
- ✓Control of guarantees
- ✓Safekeeping of the authentic deed
Buyer's Death Insurance
Luxembourg Insurance Code
In the event of the buyer's death, a death insurance guarantees the continuity of the annuity payments or the buyout of the contract.
Guarantee details:
- ✓Life insurance policy taken out
- ✓Beneficiary: the seller
- ✓Guaranteed capital equal to future annuities
- ✓No interruption of payment
Contractual Safeguard Clauses
Case law of the Court of Cassation
The contract includes specific clauses to protect you: resolutory clause, automatic indexation, revision clause.
Guarantee details:
- ✓Resolutory clause in case of non-payment
- ✓Automatic indexation to inflation
- ✓Exceptional revision clause
- ✓Protection against abuse
Legal Assistance Included
Legal assistance contract
You benefit from free legal assistance throughout the duration of the contract to answer your questions and defend your rights.
Guarantee details:
- ✓Free legal hotline
- ✓Advice in case of dispute
- ✓Legal representation if necessary
- ✓Regular follow-up of your file
Extended Right of Withdrawal
Consumer Code - Article L.721-1
You have a 10-day withdrawal period after signing, longer than the law requires, to cancel free of charge.
Guarantee details:
- ✓10 calendar days period
- ✓Withdrawal without justification
- ✓Full refund of costs
- ✓Simplified procedure
Our Securing Process
Buyer Verification
Complete analysis of the buyer's solvency and income
Setting Up the Guarantees
Constitution of all financial guarantees before signing
Notarial Control
Validation of all legal aspects by the notary
Permanent Monitoring
Continuous monitoring of compliance with obligations
Legal Framework in Luxembourg
The Life Annuity in Luxembourg Law
Reference Texts
- 📚Civil Code
Articles 1968 to 1983 - Life annuity contract - 🏛️Mortgage Law
Protection of real rights - ⚖️Commercial Code
Obligations of professionals
Specific Protections
- ✓Public order
Non-negotiable rules - ✓Nullity of abusive clauses
Automatic protection - ✓Judicial recourse
Access to the courts
Luxembourg statistics 2019-2024
With our support
For a minor problem
Frequently Asked Questions about Security
What happens if the buyer stops paying my annuities?
Thanks to the bank surety and the resolutory clause, you automatically recover full ownership of your property. In addition, you keep all the annuities already received and any bouquet.
And if the buyer dies before me?
The death insurance taken out by the buyer guarantees the continuity of the payment. Their heirs can also take over the contract or buy out your rights at the agreed price.
Can I be evicted from my home?
Absolutely not. Your right of use and habitation is registered in the land register and protects you against any eviction. Even if the property is resold by the buyer.
Do the guarantees have a cost for me?
No, all the guarantees are included in our support. It is the buyer who bears the cost of the bank sureties and insurance.
How can I be sure my notary protects my interests?
The notary has a legal obligation of impartiality and advice. They systematically verify that all guarantees are in place before authentication.
Your Security, Our Commitment
With more than 270 secured life annuity transactions in Luxembourg, we have a thorough command of all legal and financial aspects. Your peace of mind is guaranteed.