Execution Paree Law and Legal Definition
In French law, execution paree is a proceeding under which a creditor can seize and sell the property of his debtor to satisfy a judgment by confession.
The words of the French text are "emporte execution paree," which, in the English version are, "amounts to a confession of judgment.” [Landry v. Victor, 30 La. Ann. 1041, 1049 (La. 1878)].
The term is used in Louisiana to mean a right founded on an authentic act; that is, and passed before a notary, by which the creditor may immediately, without citation or summons, seize and cause to be sold, the property of his debtor, out of the proceeds of which to receive his payment.
