Facts
[A.] is the owner of two condominium apartments (x and y) located in the municipality of U. Various creditors having requested the realisation of these properties, the Debt Collection Office of Geneva has mandated architect C. to estimate their value. The expert estimated the realisation value at CHF 1,250,000 for apartment x and CHF 1,500,000 for apartment y, taking into account the price control exercised by the State and the situation of the buildings in a development zone.
The debtor [A.] has requested a new appraisal, arguing that the realisation values retained were too low. In his report, expert D. set the realisation values at CHF 1,930,000 for apartment x and CHF 2,315,000 for apartment y, corresponding to their market values reduced by 10%.
The Supervisory Chamber of the Debt Collection and Bankruptcy Offices of the Court of Justice of the Canton of Geneva has set the realisation values in accordance with the estimates of expert D.
Considerations
The Federal Tribunal dismissed the appeal of the debtor. It considered that the estimation of the realisation value of a property in the context of debt collection proceedings must take into account all the criteria likely to influence the auction price, in particular the public law standards that define the possibilities of use of the property to be realised.
Thus, the debt collection office or the expert it has…