Similar to all other types of home loans, with a reverse mortgage you retain title and control of your home.  The reverse mortgage is only a lien.  You can remain in your home for as long as you wish as long as you continue to pay your property taxes, home insurance, and association dues (if a condo) in a timely manner.  You also must reasonably maintain the condition of the property.  These obligations are exactly the same for all traditional mortgage loans.