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Real estate terms that begin with H
Letter H
Hypothèque
The mortgage is used to guarantee the payment of a debt contracted on real estate. This is the guarantee that is most frequently requested. It can be taken regardless of the good. If the property on which the guarantee is taken exists (old or new completed), it is preferable, for reasons of cost, to register a privilege of lenders of money.
Reserved heir
The law provides that the children (if they have died, their children and grandchildren) and the spouse (when a person has no descendants) necessarily receive part of the estate: they are reserved heirs. The part of the estate allocated to them is called the reserve. The other part of the patrimony that can be freely disposed of is called the available quota.
The reserve depends on the number of children of the person:
- In the presence of a child, the reserve is half of the deceased's property,
- In the presence of two children, it is 2/3 of the property of the deceased,
- In the presence of 3 children and more, it is 3/4 of the property.
The reserve depends on the number of children of the person:
- In the presence of a child, the reserve is half of the deceased's property,
- In the presence of two children, it is 2/3 of the property of the deceased,
- In the presence of 3 children and more, it is 3/4 of the property.
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