Regardless of what caused a particular type of firm to file for bankruptcy, the bankruptcy sale of real estate in the bankruptcy estate of the bankruptcy debtor is unquestionably at the heart of the bankruptcy proceedings. Because this is a procedure whose course is entirely standardized and whose assumptions must be met for it to be legal, the focus of this thesis is on the enforcement sale of real estate that is in the bankruptcy estate. The paper's introductory section summarizes the structure and legal regulation of bankruptcy proceedings in general, with a more detailed elaboration of primary legal sources related to real estate liquidation, such as the Bankruptcy Act, the Enforcement Act, and the Ordinance on the manner and procedure of selling real estate and movables in bankruptcy proceedings; and a sparser elaboration of secondary sources related to real estate realization, because they are more scarce. The paper's focus is on a detailed legal analysis of real estate liquidation in bankruptcy proceedings, which is done through one large chapter divided into seventeen subchapters that lay out all the theoretical facts, necessary legal actions, and analysis of the consequences of those actions, as well as the outcome. The concluding section of the study focuses on relevant case law, with individual examples presented through judgements and an examination of the explicitness of decisions.