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Old 04-15-2015, 12:50 PM
 
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Quote:
Originally Posted by MerriMAC View Post
If buying a condo, you still have to pay monthly HOA and annual real estate taxes. Yet, you can just buy a grave site paid-in-full for 'eternity.' Grave yards have to maintain the property with employees. Seems like they would need to charge the deceased's descendants monthly rent.
What are you going to do if their estate does not pay rent? Evict their body? Sue the heirs?

An estate cannot remain in probate forever to keep paying rent.
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Old 04-18-2015, 03:12 PM
 
Location: Albuquerque, NM
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It would be uncollectible. Only the people who originally signed the contract would be bound by it. Those people (and the cemetery) couldn't bind the heirs to it in perpetuity.

Cemeteries can also fairly easily project their costs. The structures requiring regular maintenance are minimal, so it's mainly groundskeeping. This allows them to fairly logically and accurately price their services for future needs. Also, as noted above, the purchase of the plot typically doesn't include certain costs (opening and closing, etc.), which are paid at the time of burial at market rates.
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