Article L5211-16 of the French General Code of Local Authorities
Public establishments for inter-communal cooperation with competence in town planning matters are, on the proposal of the vendors, authorised to acquire, in return for the payment of a life annuity, properties that they require for property restoration, development or equipment operations. Where a property sold in this way is occupied in whole or in part by the vendor, the life annuity sale contract must include, for his benefit and that…