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KEPASTIAN HUKUM ATAS PENENTUAN NILAI LIMIT DALAM PELAKSANAAN LELANG OBJEK JAMINAN BENDA TIDAK BERGERAK BERUPA RUMAH TINGGAL (STUDI KASUS PELAKSANAAN LELANG DI KPKNL YOGYAKARTA)
The execution auction of immovable collateral in the form of residential property constitutes a legal mechanism utilized by creditors to obtain repayment of debt in the event of debtor default. The determination of the reserve price, defined as the minimum price set by the seller, represents a fundamental element in the auction process, as it determines the validity of submitted bids. Legal issues frequently arise in practice, particularly when the reserve price is determined unilaterally by the creditor, thereby potentially causing financial loss to the debtor. Minister of Finance Regulation Number 122 of 2023 concerning Guidelines for Auction Implementation does not explicitly regulate the limitation on the number of re-auctions nor does it establish clear standards regarding the mechanism for reducing the reserve price, thereby creating the potential for legal uncertainty. This research employs an empirical juridical method with a descriptive-analytical approach. Data were obtained through interviews, analysis of relevant laws and regulations, and information from related parties, with a case study conducted on auction practices at the State Assets and Auction Service Office (KPKNL) Yogyakarta.. The results indicate that the repeated execution auctions of collateral objects without any limitation on the number of auction submissions reflect a legal vacuum, due to the absence of provisions regulating the maximum number of re-auctions under Minister of Finance Regulation Number 122 of 2023. This condition generates legal uncertainty and potentially undermines the principles of justice and legal protection for debtors. The determination of the reserve price in execution auctions should be based on market value as the fair value of the collateral object rather than on liquidation value, as the use of liquidation value may be detrimental to the debtor. Current practice demonstrates that the reserve price continues to be predominantly based on liquidation value determined by the creditor without clear and transparent valuation standards, thereby weakening legal protection for debtors. More comprehensive and explicit regulations are therefore required to address the legal vacuum concerning limitations on re-auctions and to establish clear standards for determining the reserve price in order to ensure legal certainty, justice, and balanced legal protection for all parties involved.
FAKULTAS SYARIAH DAN HUKUM, UIN SUNAN KALIJAGA YOGYAKARTA
NIM.: 22103040163 Muhammad Roykhan Dwi Putra
KEPASTIAN HUKUM ATAS PENENTUAN NILAI LIMIT DALAM PELAKSANAAN LELANG OBJEK JAMINAN BENDA TIDAK BERGERAK BERUPA RUMAH TINGGAL (STUDI KASUS PELAKSANAAN LELANG DI KPKNL YOGYAKARTA) (Text)
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