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Art. 156 – Procedure

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Art. 156320

1

Articles 122–143b apply to realisation.However, the auction terms (Art. 135) shall stipulate that the share of the sale price due to the pledgee be paid in cash unless the parties involved agree otherwise. They shall also stipulate that the encumbrance on the property that existed in favour of the debtor be deleted from the land register.

2

In the event of separate realisation, pledge instruments in the name of the owner or in bearer form and pledged by the landowner are reduced to the amount of the proceeds of realisation.

  1. 320 Amended by No I of the FA of 16 Dec. 1994, in force since 1 Jan. 1997 (AS 1995 1227; BBl 1991 III 1).
Legal act context
SR 281.1 · DEBA · Federal act · Federal Act of 11 April 1889 on Debt Enforcement and Bankruptcy (DEBA)
Structure path
Title Four Debt Enforcement by Realising a Pledge E. Realisation procedure 2. Procedure
Language
English (en)
Data status
2026-01-01

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