According to the law, the period for the seizure and preservation of real estate such as houses and land use rights is three years. The three years here is the line, and a seizure shall not exceed three years.
If the case requires, the creditor may apply to the court to take preservation measures to seize and preserve the real estate or land use rights under the name of the other party, so as to protect its rights.
For the party subject to preservation, the following methods can be adopted to respond to the seizure preservation measures. First, it is possible to provide counter-collateral property and apply for the lifting of the seizure and preservation measures against the property. Second, it can actively negotiate with creditors to lift the seizure and preservation measures, such as reaching a repayment agreement or providing other property security.
In addition, if the three-year attachment period expires, if the case is not concluded, the applicant may also apply for an extension of the attachment onceIf the case has been concluded and the compulsory enforcement procedure has been initiated during the three-year seizure period, it will be directly changed to an enforcement of the seizure, and then the enforcement judge will decide on the merits of the case in accordance with the procedure or judicial auction or other measures;If the case has been concluded and the performance has been successfully completed during the three-year sealing period, the court will take the initiative to lift the sealing measures, and if the court does not take the initiative to lift the sealing measures, the applicant or the person subject to preservation may apply to the court, and the court will rule to lift the preservation measures.
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