Terme de grâce
Grace period
A terme de grâce is a period of grace granted by the court for the performance of an obligation, typically payment.
The terme de grâce is a concept derived from French law that continues to be used occasionally in Dutch and Belgian legal contexts. It denotes a grace period granted by the court, affording the debtor additional time to perform their obligations without the immediate application of enforcement measures.
The term is relevant in the fields of contract and enforcement law, where the court may intervene to avert the unreasonable consequences of strict performance. In practice, it arises principally in cases of arrears of payment, enabling the parties to reach an amicable settlement.
“The court granted the tenant a four-week grace period to pay the rent arrears.”
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