Short answer
The sale’s effects depend on the pledge type, registration, buyer’s position and statutory exceptions. Disposal should not be assumed to extinguish the creditor’s right.
Practical example
A buyer purchases a vehicle and later discovers a registered pledge. Ignoring a record available before purchase creates serious risk.
What to do
Check the relevant register, agreement and any creditor-consent requirement. Arrange payment and registration of release. Disclose fully to the buyer; hiding the asset from the creditor does not release the debt.
Legal basis
Georgian Civil Code — Articles 254–285. Checked on 28 October 2026. The outcome depends on the contract, facts and evidence.
YURFIRMA can review your documents and help prepare the appropriate demand or agreement. Contact us.
This is general information and does not replace a legal assessment of your specific case. The current law and the relevant facts are checked again when you seek advice.