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Tbilisi, Georgia

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  1. Services
  2. Enforcement Services
  3. Enforcement Consultation & Asset Monitoring
  4. Distressed Asset Monitoring & Management
  5. Periodic Property Condition Monitoring

Services

3 services available

Periodic Property Condition Monitoring
Debtor Asset Search & Financial Status AnalysisSequestration — Forced Property Management for Creditor's Benefit
Distressed Asset Monitoring & Management

Periodic Property Condition Monitoring

Can the debtor refuse entry to the execution officer for monitoring?

No. Inspecting seized property is a statutory right of the execution officer. If the debtor physically obstructs the monitoring, the execution officer can call the police to force entry.

What happens if the property is found damaged during monitoring?

The damage is immediately documented in a protocol. The creditor's lawyer then requests the urgent confiscation of the property, and criminal proceedings may be initiated against the debtor for property destruction.

Who covers the costs of periodic monitoring?

The creditor usually covers the upfront operational costs of the monitoring visits. However, these expenses are legally added to the total enforcement costs and are ultimately recovered from the debtor.

6 min·3 Apr 2026

Introduction and Service Overview

During enforcement proceedings, when a debtor's property (real estate or movable items) is seized to secure a creditor's claim, this property usually remains in the physical possession of the debtor until the stage of realization or transfer. During this period, there is a tremendous risk that the debtor may, intentionally or through negligence, damage, destroy, dismantle, or compromise the functional purpose of the said property. If a seized apartment is ruined, or expensive industrial equipment breaks down, its auction value will plummet catastrophically, which directly harms the creditor's financial interests. To prevent these risks, a crucial mechanism was created—the periodic monitoring of property condition. This is a specialized enforcement and legal service aimed at systematically checking and controlling the physical, technical, and legal state of seized or disputed property to guarantee the preservation of its market value until the enforcement concludes.

Periodic monitoring is not a one-time act; it is a continuous, proactive process requiring strict discipline, technical equipment, and legal oversight. Within the framework of this service, a schedule is established according to which an execution officer or a specially hired expert inspects the object. This ensures the creditor's peace of mind while constantly reminding the debtor of their legal obligation to care for property encumbered by another's (or enforcement) interests. The service allows for immediate sanctions upon detecting any threat, including the forced confiscation of the property or the initiation of criminal liability.

Updated: 14 Oct 2026

Verified against current law: 9 Jul 2026

Legal basis:

  • საქართველოს სამოქალაქო კოდექსი
  • სააღსრულებო წარმოებათა შესახებ
  • საქართველოს სისხლის სამართლის კოდექსი

Related Services

Debtor Asset Search & Financial Status AnalysisSequestration — Forced Property Management for Creditor's Benefit