Turkish Law in EnglishTÜRKİYE
Turkish Civil Code (Law No. 4721)

Article 953: IV. Effects

Book Four: LAW OF PROPERTY › Part Two: LIMITED RIGHTS IN REM › Chapter Three: PLEDGE OF MOVABLES › Division One: PLEDGE DEPENDENT ON DELIVERY AND RIGHT OF RETENTION A. Pledge dependent on delivery I. Creation

If the debt is not performed and adequate security is not provided, the creditor may, after giving prior notice to the debtor, demand that the objects retained be realised in accordance with the provisions on pledges dependent on delivery.

For the realisation of registered negotiable instruments subject to a right of retention, the enforcement office shall carry out the necessary acts in place of the debtor.

Original Turkish text

MADDE 953 · IV. Hükümleri

Borç yerine getirilmez ve yeterli güvence de gösterilmezse alacaklı, borçluya daha önce bildirimde bulunarak, hapsettiği şeylerin teslime bağlı rehin hükümleri uyarınca paraya çevrilmesini isteyebilir.

Üzerinde hapis hakkı bulunan nama yazılı kıymetli evrakın paraya çevrilmesi için icra dairesi, borçlu yerine gerekli işlemleri yapar.

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.