Page 98 - Demo
P. 98
Interesting facts about enforcement of civil case judgment97Seizure of property is divided into a seizure of land or land with structure and seizure of household properties or other types of properties. Upon seizure of land or land with structure property a copy of its Nor.Sor. 3 or Nor.Sor. 3 Kor andtitledeedbytheenforcementofficer,asrequestedbytheplaintiff,thenextstepisfortheenforcementofficertonotifythepossessorofsuchland to submit said documents to supplement its sale by public auction. If the possessor postpones submission of the document on the grounds that it has been placed with another person (as collateral for debt repayment) or ignores said notice without giving any reasons within the prescribed date, theenforcementofficerwillthenputthelandupforsalebypublicauctionand use a copy of said document. This step usually takes a reasonably long period of time to execute. %u0009 Inthecasewheretheenforcementofficeralreadyhastheoriginalentitlement document or seizure of household properties, it does not take long to put the properties up for sale by public auction. However, it also depends on whether the plaintiff will request for a stay of execution or not. Such request must have the defendant%u2019s consent. When it later appears that there is a default in debt payment, the plaintiff will ask the enforcement officertosetupanotherauctionsale.Therequestedstayofexecutionperiodcan be six months or one year. Why does it take so long to put up seized properties for sale?No.16QuestionAnswer

