Concerning provisional security
What is provisional security?
Provisional security is an opportunity to secure a claim until a dispute between parties is resolved through agreement or ordinary legal proceedings.
Petitions for provisional security include case types of seizure (for monetary claims) and temporary injunctions (for claims than are not monetary).
What is needed in order to petition for provisional security?
In order to petition for provisional security, you must have a claim against the defendant and a special reason for the Court to make an interim decision. The opportunity to petition for provisional security is not intended to be an alternative to ordinary legal proceedings, but rather a supplement for cases in which time is of crucial significance.
What is the cost of petitioning for provisional security?
In order to petition for provisional security, you must pay a fee. See fees and payment for a complete overview of fees.
What must a petition for provisional security contain?
A petition for provisional security must be submitted in writing in 4 complete copies with attachments, and must contain the following:
- the parties’ names, addresses, dates of birth/Business Reg. Nos. and preferably telephone numbers
- an overview of the claim you want to secure, how you want it to be secured and the reason why you are petitioning for provisional security
- other information and documents that substantiate the claim as well as possible, e.g. sales contract for purchasing a flat, lease showing the right to possess premises, receipt for paid rent, or stating the names of people who can confirm the provided information