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Glossary

D

Debtor

An individual or entity carrying a debt towards his/her creditor .

Deposit

A sum which, according to law, the notaire must request before any instruments are signed. The sums must be sufficient to cover any costs, dues, disbursements and basic fees as they become due for payment

Deposits

Amount that the notary is obliged to ask by application of law before the execution of the deeds.

The deposit must be sufficient to provide for the applicable fees , duties, disbursements and emoluments.

Disbursements

­­Amounts paid by the notaire on behalf of his/her client in order to remunerate the various stakeholders (registrar of mortgage , surveyor, trustee) who contribute to execution of the deed by obtaining the necessary items and documents.

Disinheritance

Act of disinheriting.

Disposable portion of inheritance

Fraction of the assets that a person may freely transfer (by donation or will ) without compromising the rights of the rightful heirs (descendants or ascendants). This fraction depends on the composition of the donator 's or testator's family.

Half of it, if the deceased has one child, one third with two children, one quarter with three children or more. Without children, if the deceased has ascendants, the disposable portion is three quarters thereof.

Donation

A legal instrument between living people or in the provision of a will by which people transfer rights or property included in their estate. Donations are made with or without charge. A charge consists in one or more services the donee agrees to perform in exchange for the donation .

Donator

Individual giving one or more properties belonging to him/her free of charge.

Donee

Beneficiary of a donation .