I can well believe that though I'm not sure how prevalent it would be.
There was the classic case in France where a wealthy couple bought an apartment on the Siene by making a deal with the elderly owner. If they agreed to sell then they would pay all expenses for the apartment.
It went on for many years, the owner got older and so did they but the buyers both died before the owner and so never acquired the apartment.
The owner became a super centenarian living until 122 years old. However, there was some suspicion that the owner was really the daughter of the real owner and she assumed her mothers life to keep getting her pension benefits.