Life Estate Contract (jan 1, 1965 – dec 25, 1995)
Description:
In 1965, aged 90, Calment signed a life estate contract with notary André-François Raffray, selling her apartment for a monthly revenue of €380 until her death. Raffray died in 1995, and Calment received more than double the apartment's value from him, leaving his family to continue paying. Calment criticized the situation, stating that sometimes bad deals can occur in life.Added to timeline:
Date:
jan 1, 1965
dec 25, 1995
~ 31 years