Third parties are not protected by the Court of Appeals related to the construction contract for land share when they trust in registration benefit of contractors. Because land owners’ interests are accepted that they need more protection than the other parties need. In conformity with this result, Constitutional Court made a decision related to a [...]
Right of Pre-emption Under Turkish Law Turkish Civil Code provides two types of pre-emption rights without providing a definition: one is the contractual pre-emption right and the other one is the legal pre-emption right. A contractual pre-emption right is one conferred by a contract. Any property owner can conclude a contract with anybody empowering him/her [...]
Co-Ownership by Shares The first type of co-ownership that Turkish Civil Code regulates is “co-ownership by shares”. The Turkish Civil Code defines the co-ownership by shares in Article 688 as “where a certain things are in the ownership of several persons, each of whom owns a share of it and yet it is outwardly undivided, [...]
BUYING PROPERTY IN TURKEY: GUIDE FOR FOREIGNERS This guide is prepared to help foreigners who wish to buy property in Turkey. However, this guide is not a substitute for professional consultancy services. 1. Legal Basis: In accordance with the Article 35 of the Land Registry Law No. 2644, amended by Law No. 6302, which entered [...]
