The regulation regarding Exchanging Natural Assets, Natural Archaeological Site and Banned Real Properties Which Have Been Found Specially Protected Environment Districts with the Public Properties has been published in the Official Gazette No:28727 and came into force on the date of 3th August of 2013. In the natural assets and natural archaeological site with specially...

By the reason of contradiction to the 2nd Article of the Constitution, the subparagraph (c) of paragraph 1 of article 5 of Attorneys’ Act numbered 1136 had been nullified by the Constitutional Court’s decision numbered 2012/116 that published in the Official Gazette dated 13.08.2013 numbered 28734. The appealed text of the Act; Article 5: If...

The notification numbered 28692 published in the Official Gazette on the 29th of June 2013 by the Ministry of Customs and Trade and the process of harmonizing the articles of association of joint stock companies and limited liability companies’ articles of association is extended for a year. In accordance with the first paragraph of the...

“The Alteration Directive of the Planned Areas Typed Zoning Directive” (hereafter it will be referred to as “the Alteration Directive”) has published on the Official Gazette on 1 June 2013. The Alteration Directive shows which will be included to the precedent and it has also regulated the acquired rights. “Planned Areas Type Zoning Directive”, (hereafter...

The Ministry of Custom and Trade has designated the procedures and principles of the websites which the Stock Companies have to open. “The Directive in regard to the Stock Corporation’s Essential Websites” (hereafter it will be referred to as the Directive) published in the Official Gazette on 31 May 2013. The Directive has been regulated...

The Turkish Code of Obligation ( Turk Borclar Kanunu- hereafter it will be referred to as TBK ) the Article 473 states that, according to all estimates, if it has been clearly understood that the contractor will have not done the work on time because of the contractor has not set work on time or...

In regard to the International Conservation Law and Foreigners, Law no. 6458 which has entered into force on 4th April 2013; one year residence permit will be given to the foreigners who have a real estate in Turkey. The residence permits were given for three months before the new regulation. The change has been made...

In order to sale confiscated properties, in other words, in order to convert those into actual money, the creditor or the debtor need to claim sale (1). There is not any official form regulated to claim the sale demand however, it needs to be claimed to the execution office which decided for the confiscation (2)....

THE CONSENT OF THE SPOUSE WILL NOT BE NEEDED IN REGARD TO THE GUARANTEE AGREEMENT According to article 584 of the Turkish Code of Obligation, Law no. 6098 and dated 4th February 2011; if one of the spouse would like to be a guarantee, he/she has to have other spouses’ consent (at the time of...

In regard to the “tenancy agreements” there are some changes made by the new Turkish Code of Obligations Law no. 6098. These changes are understood by the public opinion that they are only made in favor of the tenant; however, there are some changes in favor of the landlord too. The one of the important...