Lexique

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Immovable

Property that cannot be moved, as opposition to a movable property.

In lieu of payment

Freeing oneself from a debt through a different service or property from the one initially provided in the contract.

Incapables

Inability of a natural person to exercise his/her rights and obligations, because of his/her young age or because of a default in his/her mental faculties, said person being therefore under legal guardianship of protection.

Inheritance

Transmission of a deceased individual's assets or pool of assets thus transferred.

Insolvency proceedings

Procedure seeking the settlement of a trader natural person's difficulties or of a legal person, such difficulties deriving from a creditor's assignment, either following a statement of suspension of payment by one or several administrator(s), or by motion of the court itself.

There are three different insolvency procedures: the safeguard procedure, the legal redress and the winding-up by decision of court.

Issuing of execution

See Enforceable copy.