Article L315-20 of the French Consumer Code
On the death of the borrower or the last living of the co-borrowers, the heirs may pay the debt capped at the value of the property estimated on the day the estate is opened. This valuation is carried out as necessary by an expert chosen by mutual agreement between the creditor and the borrower or appointed at their request.Failing this, and notwithstanding the rules applicable to acceptance with the benefit…