Belgian Notary Ranking Exam flashcards
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32 cards. Read the term and the definition here. The deck at the top of this page is optional.
- Defects of consent
- Error, dol, violence, and lesion. Error concerns substance or person; dol is deliberate deception; violence is coercion. These defects make the contract voidable, not automatically void.
- Solidary obligation
- Each co-debtor can be compelled to perform the entire obligation. The creditor chooses whom to pursue. Contribution among debtors is proportional unless the title provides otherwise.
- Community of property
- Default matrimonial regime. Acquisitions during marriage are shared; assets owned before marriage and gifts or inheritances received during marriage remain own property.
- Change of matrimonial regime
- Permitted after two years of marriage by notarial deed, subject to homologation by the family court. The change is published and opposable to third parties after registration.
- Reserved portion
- The share of the estate that cannot be disposed of freely. It varies with the number of children: one-half for one child, one-third for two, one-quarter for three or more.
- Holographic will
- A will entirely handwritten, dated, and signed by the testator. It requires no notary but must be probated. It can be revoked by a later will or destruction.
- Mortgage
- A non-possessory security interest over immovable property securing a debt. It requires an authentic or notarial deed and registration to be opposable to third parties.
- Usufruct
- A right to use and enjoy another's property for a term or life. The bare owner retains disposal rights. It terminates on death, expiry, or renunciation.
- SRL/SBV
- A limited liability company form with no minimum capital but requiring sufficient initial patrimony. Share transfers usually require a notarial deed unless the articles provide otherwise.
- Directors' liability
- Directors are jointly and severally liable for breaches of company law or the articles. The general meeting may grant discharge, which does not shield criminal or third-party claims.
- Notarial secrecy
- The notary must keep confidential all facts learned in the exercise of the office. Disclosure is permitted only under statutory exceptions, such as anti-money-laundering reporting duties.
- Notarial liability
- Contractual toward clients and delictual toward third parties. The notary must verify identity, capacity, and legality, and must refuse acts contrary to public order.
- Registration duties on sales
- Levied on the price or market value, whichever is higher. Rates vary by region and are collected by the notary as withholding agent and remitted to the treasury.
- Inheritance tax
- Calculated per heir on the net share after debts and funeral costs. Rates rise with the share and degree of kinship and differ by region.
- Authentic deed
- A deed drawn up by a notary in the required form, read to the parties, and signed by them and the notary. It has probative force unless challenged by inscription of forgery.
- Minutes and copies
- The notary retains the original minutes. Copies (grosses and expéditions) are issued with the notary's seal. Substantive changes require a new deed, not a correction.
- European Certificate of Succession
- Issued under EU Regulation 650/2012 to facilitate cross-border estate administration. It is evidence of heir status and powers but is not a substitute for national title.
- Apostille
- A simplified certification replacing legalization for documents exchanged between states party to the Hague Apostille Convention. It certifies the signature and capacity of the issuing officer.
- IRAC method
- A case analysis framework: Issue, Rule, Application, Conclusion. It structures legal reasoning and ensures facts are matched to the applicable rule before concluding.
- Ratio decidendi
- The legal principle that constitutes the binding reason for a court's decision. It must be distinguished from obiter dicta, which are persuasive but not binding.
- Dol
- A defect of consent consisting of deliberate misrepresentation or concealment intended to deceive. It must have been decisive for the other party's consent.
- Lesion
- A disproportion between reciprocal performances, recognized as a defect only in cases defined by law, such as certain sales of immovables.
- Separation of property
- A matrimonial regime where each spouse retains ownership of their assets. A participation claim may compensate contributions to acquisitions during marriage.
- Inheritance pact
- An agreement on a future estate, generally void except for permitted family arrangements approved by a notary and homologated by the court.
- Easement
- A burden on one property for the benefit of another, established by title, prescription, or destination of the owner. It runs with the land.
- Pledge
- A security interest over movables, requiring dispossession or, for certain assets, registration in the pledge register to be opposable.
- SA/NV
- A public limited company form with a statutory minimum capital, typically EUR 61,500 unless reformed. Shares are generally freely transferable unless restricted by the articles.
- Merger by absorption
- A transaction where one company absorbs another, requiring a notarial deed and statutory publication. Minority shareholders benefit from protection rules.
- Conflict of interest
- A situation where the notary's personal interest or a party's interest conflicts with impartial advice. The notary must decline or refer the parties.
- Gift tax
- Levied on notarial donations, with rates depending on kinship and region. Registration within the statutory period is required to validate the donation.
- Powers of attorney
- Must be authenticated or notarized when the principal is abroad and attached to the deed. They must specify the scope and duration of the mandate.
- Habitual residence succession
- Under EU Regulation 650/2012, the law of the deceased's habitual residence governs succession unless a nationality-based choice is made.