Akkas & Associates Law Firm
Eski Uskudar Yolu Cad. No:21/4
Kozyatagi, Istanbul, Turkey 34752
ph: +90 216 469 63 63 pbx
fax: +90 216 469 63 40
alt: +90 532 603 30 80
info


Leases are governed in general by the Law of
Obligations and in specific by Real Estate
Rentals law no. 6579 of 18 May 1955. The
following points must be clearly specified in a
lease: The names and addresses of the lessor and
lessee, the address and location of the rented
property, the purpose for which it will be used,
the amount of rent, the date the lease will
become effective, and the period for which it is
valid. In practice, printed lease forms are
usually filled in by the parties. Attention must
be paid that there are two copies of the lease,
both signed, one copy to remain with each party.
Leases may also be drawn up by a notary public,
but this is not mandatory.
Building Tax Law in Turkey
Buildings within the borders of Turkey are
subject to the building Tax. Building Tax is
governed in detail by the Real Estate Tax Law
no. 1319 of 29 July 1970. Tax declarations for
buildings within the boundaries are made to the
municipality.
Real Estate Ownership in Turkey
Principles of ownership of immovable objects are
in general indentified in the Property Law
section of the Civil Code. Property law includes
not only ownership, but also acquiring and
transfer of ownership, leasing the property and
factors limiting property rights.
Ownership Law in Turkey
According to the provisions of the Civil Code,
every piece of real estate will be recorded in
the title deed register of the place where it is
located. The title deed is the official document
which shows who has ownership rights over the
real estate and upon which the owner's name and
photograph appears. Any restrictions which were
placed on the real estate while it belonged to
previous owner may be applied to the new owner
after the transfer.
Turkish Parliament passed a bill on July 5, 2008
regulating property sales to foreigners in
Turkey after it was re-arranged bearing in
mind the Constitutional Court's annulment of
previous legislation.
Owners Liability Law in Turkey
A building owner is liable for any injury which
results from poor construction, negligence, or
misuse. If a building of faulty and unsound
construction collapses, and if any injury or
damage results, compensation will be sought from
the owner. the period for a contactor's
liability is five years.
Title Deed law in Turkey
The name title deed is given to the official document which shows who has ownership rights over a piece of real estate and upon which the owner's name appears. Rights over real estate are recorded on official registers kept by the Office of the Conservator of Title Deeds. Such Offices also issue title deeds.
Since article 928 of the Civil Code embodies the
principle of public registration of title deeds,
no one may claim ignorance of the privileges and
restrictions recorded in the deed register.
Mortgages and other restricted privileges will
also be recorded in the title deed register.
Akkas & Associates Law Firm
Eski Uskudar Yolu Cad. Ozis A Blok
No:21 D:4 K:1 Kozyatagi,
Istanbul, TURKEY 34752
Phone:
+90 216 469 63 63 pbx
Fax:
+90 216 469 63 40
E-mail:
info@akkaslaw.com