1, auction Generally, the court will entrust an auction company to auction the seized property, and some courts will organize the auction themselves or hand it over to a qualified auction agency.
2. Sell or pay off debts. In some cases, with the consent of both parties, the property can be sold or paid off directly.
3. relieve spasm. If the property is seized due to arrears, the owner can repay the loan in time and then apply to the court for lifting the seizure. According to the "Provisions of the Supreme People's Court on the Attachment, Seizure and Freezing of Property in Civil Execution by People's Courts", in some cases, the court will lift the attachment, for example, the debt has been paid off and the person subjected to execution has provided a guarantee.
In addition, if the property is the only house in the family, it is usually not allowed to be enforced, but the court can still continue to seal it up. It should be noted that after the house is frozen, the owner cannot transfer the house, and normal transactions can only be carried out after the freezing is lifted. If the owner cannot repay the arrears, the bank may auction the property, and the proceeds from the auction will be used to repay the arrears.
Classification of courts:
1. Basic people's courts: including county people's courts, municipal people's courts, autonomous county people's courts and municipal people's courts. These courts try a large number of cases, accounting for about 95% of the first-instance cases in the country. The name of the basic people's court usually appears after the district name in the form of "people's court", such as "Wuhou District People's Court in Chengdu".
2. Intermediate People's Courts: They are established in various places, cities and autonomous regions, and try some cases of first instance and appeals in grass-roots courts, that is, cases of second instance. The name of an intermediate people's court usually adds "Intermediate People's Court" after the name of a city, such as "Chengdu Intermediate People's Court". The Intermediate People's Court is responsible for hearing criminal cases that endanger national security and terrorist activities, criminal cases that may be sentenced to life imprisonment or death, major foreign-related civil cases, and civil cases with great influence within its jurisdiction.
3. Higher People's Courts: Located in all provinces, autonomous regions and municipalities directly under the Central Government, they accept all kinds of cases of first instance and appeals of second instance, and hearing appeals of second instance is the main work of the Higher People's Courts. The name of a higher people's court usually adds "Higher People's Court" after the name of a province, such as "Sichuan Higher People's Court".
4. the Supreme People's Court: Located in Beijing, it is the highest judicial organ in People's Republic of China (PRC). Responsible for hearing all kinds of cases, formulating judicial interpretations, and supervising the trial work of local people's courts at all levels and special people's courts. The Supreme People's Court can set up a circuit court to hear cases determined by the Supreme People's Court according to law, and the judgments and rulings of the circuit court are those of the Supreme People's Court.
To sum up, the freezing of real estate by the court belongs to the property preservation procedure in civil litigation. But if the property belongs to personal property, it can't be frozen forever. If the seal-up, seizure or freezing of registration is to be lifted, a notice of assistance in execution shall be issued to the registration authority.
Legal basis:
Provisions of the Supreme People's Court on the Seal-up, Seizure and Freezing of Property in Civil Execution by People's Courts.
Article 16
If the person subjected to execution sells his property to a third party, and the third party has paid part of the price and actually occupies the property, but the person subjected to execution retains the ownership according to the contract, the people's court may seal it up, detain it or freeze it. If the third party requests to continue to perform the contract, it shall make an order to lift the seal-up, seizure and freezing after paying all the balance to the people's court within a reasonable period of time.