What happens if property is not sold at initial auction? - National Bureau of Enforcement

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A mortgage loan is the one secured by immovable property. It is issued by both individual and legal person, including banks. A written mortgage contract is signed and registered at the National Agency of Public Registry.

If a guarantor takes responsibility on solidary or equipollent terms, he/she may receive a demand even without an attempt of compulsory enforcement, if a key debtor hasn't paid the due within the deadline or if he/she can't obviously afford it.

Pay the penalty within 30 calendar days stipulated by law (not within a month)!Don't wait till the deadline!Paying a penalty witin the deadline will avoid you such difficulties as...

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Home What happens if property is not sold at initial auction?

What happens if property is not sold at initial auction?

The repeated auction is announced immediately after the end of an initial auction. The starting price of the property is 0 GEL.

Ministry of Justice of Georgia

Ministry of Justice of Georgia

National Agency Of Public Registry

National Agency Of Public Registry

Public Service Development Agency

Public Service Development Agency

The National Archives Of Georgia

The National Archives Of Georgia

Notary Chamger of Georgia

Notary Chamger of Georgia

L.E.P.L. Service Agency of the Ministry of Finance of Georgia

L.E.P.L. Service Agency of the Ministry of Finance of Georgia

E-Legislative Gazette of Georgia

E-Legislative Gazette of Georgia

Training Center Of Justice Of Georgia

Training Center Of Justice Of Georgia

National Forencisc Bureau

National Forencisc Bureau

Data Exchange Agency

Data Exchange Agency

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