How to realize mortgage after mortgage transfer in civil code

According to the relevant provisions of relevant laws in China, the pledge can be realized by discount, auction or sale.

Legal basis: Article 436 of the Civil Code. Where the debtor performs the debt or the pledger pays off the secured creditor's rights in advance, the pledgee shall return the pledged property.

According to the agreement of the parties, if the debtor fails to perform the due debts or realize the pledge, the pledgee may agree with the pledgor to discount or give priority to the payment with the proceeds from auction or sale of the pledged property.

Where the pledged property is discounted or sold, it shall refer to the market price.