Mathilde explains that the apartment is a viager, which refers to an old French
real estate system allowing buyer's to purchase property at a decreased value from the
owner, but agreeing to pay the
owner a monthly sum while allowing them to live on the property until the death
of the
owner, whereby the buyer would
finally be allowed to move in.
«As a commercial
real estate owner, I am very excited that this tech effort is
finally coming into my industry that will give better, more timely information with less direct input from me and help make sure that I don't have gaps in operations
of the company,» he says.