E

Echeancier ≈ Repayment Schedule

When taking out a loan, this is a required document that indicates the amount of each loan, their total duration and the dates which they are due.

Emoluments ≈ Notary Fees

These are the fees paid to the notary for his or her services. The amount has been set by legislation.

Epargne ≈ Savings

This is a sum of money saved by a single person or a household that is placed either in bank accounts or in specific investments.

Epargne Logement ≈ Home Savings

This is a sum of money deposited in an account (either a Home Savings Plan or a Home Savings Account) that generates interest and therefore eventually allows the bearer of the account to obtain a loan at a beneficial tax rate.

Etat des Lieux ≈ Property Inspection and Inventory

This is a document made between the rentor and the tenant that details that current state of a rented property. This document is used to compare the state of the property when the tenant moves out.

Euribor ≈ Euro Interbank Offered Rate

This is the rate at which euro interbank term deposits are offered by one prime bank to another prime bank. In other words, this is the rate offered for earning interest on deposits between banks in the euro zone.

Expert Immobilier ≈ Property Surveyor or Estate Expert

This is a professional whose job is to valuate and estimate the market value or the rental value of all sorts of property: industrial, residential, businesses, premises, etc… In fact, property valuation in France can be done in two ways:

• the first way is regulated, this is a judicial valuation that is ordered by court who designates a property surveyor;
• the second way is done out of court and is a matter of conventional agreement.

Expropriation ≈ Expropriation

This is the procedure of property acquisition by forcing an owner to abandon his or her property to a public authority for civil or communal interests. In order to do so, the owner of the property must be justly compensated before abandoning his or her property. 

Expulsion ≈ Eviction

This is a procedure that consists of forcing people to leave a property which they are illegally occupying. The procedure is only carried out upon the approval and the execution of the court. A bailiff is eventually in charge of the procedure and he or she will be the one who will evacuate the illegal occupants from the property. The bailiff, if necessary, can call for help from the local authorities if the illegal occupants resist.