Turkish Law in EnglishTÜRKİYE
Enforcement and Bankruptcy Law No. 2004

Article 118

Amended together with its heading: 24/11/2021, Law No. 7343, Art. 18

The auction purchaser shall pay the sale price in cash within seven days of the announcement of the auction result report, even if annulment of the auction has been requested.

The property sold shall not be delivered, nor registered in the purchaser's name in the official register, before the auction becomes final.

Sale by private negotiation:

Original Turkish text

MADDE 118

(Başlığı ile Birlikte Değişik:24/11/2021-7343/18 md.)

İhale alıcısı, ihalenin feshi talep edilmiş olsa dahi artırma sonuç tutanağının ilanından itibaren yedi gün içinde satış bedelini nakden ödemek zorundadır.

Satılan mal, ihale kesinleşmeden teslim olunmaz ve resmî sicilde alıcı adına tescil edilmez.

Pazarlık suretiyle satış:

Text as of 1 October 2026 · Official source (Turkish): mevzuat.gov.tr ↗

Unofficial translation for information only. The Turkish text published in the Official Gazette is the only authoritative version. This page is not legal advice.