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A General Guide to Purchasing a Condo Unit

Taking this into consideration will be in the interest of third parties who will purchase the real estate. Who Can Make a Care Until Death Contract? Persons who are authorized to make a care contract until death can be listed as follows. Judge of Peace, notaries, Land Registry Officer (in the contract of maintenance until death, the subject of which is the transfer of real estate) Who is the Care Debtor of the Care Until Death Agreement?

The maintenance debtor may be a natural

Or legal person in accordance with  the law. There is UAE Telegram Number Data no obligation for care and supervision to be carried out by real persons. Therefore, the maintenance debtor can be both a natural person and a public-private legal entity. In this regard, the right to choose will belong to the maintenance creditor. The fact that the maintenance debtor is a legal entity does not affect the contract. In summary, the contractual rights and obligations of the maintenance debtor and his creditor remain the same. The contract will continue without changing the content of the act of looking. Theoretically, it is possible for people with limited capacity to become maintenance debtors.

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However, in practice, it is not seen that a person with

Limited capacity is a maintenance debtor. In a care until Philippine Phone Number List death contract, there may be more than one obligor. In this case, maintenance debtors are jointly and severally liable unless otherwise agreed by the parties. How Many Years Is a Care Until Death Agreement Valid? The contract for care until death is not limited to a time period. This contract depends on chance and luck. Namely; It is not possible to know the life expectancy of the care recipient. Accordingly, the scope and duration of the performance of the maintenance debtor will be uncertain.

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