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Understanding Lifetime Rent Contracts by ScribdTranslations is a document available to read on EtoBox.

This document describes the life annuity contract according to the civil code of Guatemala. A life annuity contract implies that one person transfers the ownership of certain assets to another person in exchange for periodic payments during the life of the transferor. The key characteristics are that it is unilateral, onerous, random, and depends on the duration of a person

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EN