Many tenants believe that once they vacate a rental property, their lease is automatically terminated. However, under Turkish rental laws, a lease remains legally valid until the keys are officially returned to the landlord. Legal Implications of Not Returning the Keys Even if the tenant moves out and stops living in the property, the lease continues to be in effect until the keys are handed over. The...
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The family home annotation is a legal protection that prevents a home used as a common living space within a marriage from being sold, transferred, or mortgaged without the consent of both spouses. Regulated under Article 194 of the Turkish Civil Code, this annotation particularly safeguards spouses who may not have an income or are not official property owners. How to Register a Family Home...
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When a real estate transaction is registered at a value lower than its actual market price, the Turkish tax authorities can impose significant penalties and interest on the unpaid amount. Under Turkish tax law, both the buyer and the seller are legally responsible for any missing tax payments. Consequences of Declaring a Lower Property Value If it is determined that the property price was underreported...
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