While she was no longer receiving her life annuity, her 300,000 euro apartment was sold for 40,000 euros upon her death.

While she was no longer receiving her life annuity, her 300,000 euro apartment was sold for 40,000 euros upon her death.
While she was no longer receiving her life annuity, her 300,000 euro apartment was sold for 40,000 euros upon her death.

A man decided to illegally occupy his deceased mother’s apartment, located in La Ciotat (Bouches-du-Rhône), to report a scam. While the deceased had sold her apartment for life annuity in 2009, she no longer received the annuities. Despite his son’s multiple attempts to recover the property, it was sold to another company.

Adrien Leteis has been fighting to be heard for almost four years. Her mother, who died in 2022 at the age of 96, lived in an apartment in La Ciotat (Bouches-du-Rhône) which she had sold as a life annuity in 2009. This procedure had allowed her to keep her accommodation, without be an owner, and receive 1,000 euros of monthly income, indicate our colleagues from France blue.

Liquidation

But, in 2012, the company Life Invest Fund 3, to which she had transferred her property, was put into liquidation, interrupting the payment of annuities. Logic would have dictated that Adrien’s mother could recover her property because of “non-payment of life annuities“.

However, having not demanded its return within two months following the cessation of payments, the apartment was put up for sale in 2020 to another company, our colleagues report. Estimated at more than 300,000 euros, the accommodation was sold for the sum of 40,000 euros.

Call for mobilization

So, facing what Adrien calls “a scam, an abuse of weakness in an organized gang”he decided to illegally occupy his mother’s apartment and calls on the victims of non-compliance with the life annuity contract to pursue collective legal action.

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