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

Article 966: 2. Right to the surplus

Book Four: LAW OF PROPERTY › Part Two: LIMITED RIGHTS IN REM › Chapter Three: PLEDGE OF MOVABLES › Division Three: PERSONS ENGAGED IN THE BUSINESS OF LENDING AGAINST PLEDGES A. Lenders

Where the sale price exceeds the amount of the pledged claim, the surplus shall be paid to the person entitled.

If the business has more than one claim against the same debtor, these shall be taken into account as a whole in calculating the surplus.

The right to claim the surplus is barred by limitation after five years from the realisation of the pledged movable.

Original Turkish text

MADDE 966 · 2. Arta kalan para üzerindeki hak

Satış bedelinin rehinli alacak miktarından fazla olması hâlinde, arta kalan para hak sahibine ödenir.

İşletmenin aynı borçludan birden fazla alacağı varsa, bunlar arta kalan para hesaplanırken bir bütün olarak göz önünde tutulur.

Arta kalan miktarı isteme hakkı, rehnedilen taşınırın paraya çevrilmesinin üzerinden beş yıl geçmekle zamanaşımına uğrar.

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.