Ownership models: How is a Life Right different from a Sectional Title?With a Life Rights scheme, the holder purchases the right to occupy a specific property for the remainder of their life. The developer retains ownership of the property (along with the maintenance, management and resale of it) and upon termination of the Life Right, a percentage of the holder’s estate is refunded. While the objective of a Sectional Title is financial growth, a Life Right is able to offer retirees something worth more than money: stress-free living.
Advantages of a Life Right
Enjoy the privileges of ownership without the stress
The rights of all Life Right holders are protected