UNJUSTIFIED ENRICHMENT AND CLAIMING COMPENSATION (REIMBURSEMENT OF PAYMENTS) UNDER TURKISH LAW Unjustified enrichment means that one party, through its assets or effort, increases another party’s assets (or decreases it debts) on an unjustified reason. This unjustified reason is usually a contract which is invalid, void, terminated or withdrawn. By law,
5 MOST FREQUENTLY-ASKED QUESTIONS ON HOW TO BUY REAL ESTATE IN TURKEY 1) How to Legally Buy Real Estate in Turkey? In Turkish law, real estate purchase contracts can only be drafted by and signed in land registry offices (“Tapu”). Any other written contract regarding a sale of real estate
WHICH TYPE OF COMPANY TO INCORPORATE IN TURKEY? 10 Major Differences Between Limited Liability Companies and Joint-Stock Companies In Turkish corporate law, the two most-commonly seen commercial legal entities are limited liability companies and joint-stock companies. For foreign investors, it can be complicated when it comes to decide whether to
SHIPOWNER’S RIGHT TO LIMIT LIABILITY AND BREAKING THE LIMITATION UNDER THE 1976 LONDON CONVENTION Barış Erkan Çelebi, Attorney at Law PREAMBLE Limiting the liability of shipowners in maritime commerce has always been the subject of hot debates. On one hand, shipowners make considerable investments, due to the value of their
OBTAINING TURKISH CITIZENSHIP BY BUYING A HOUSE WORTH 250,000 USD 106th Turkish Presidential Order dated 18 September 2018 has introduced new and important changes to the Regulation on the Application of Turkish Citizenship Law. As per this newly introduced law, foreigners who purchase a real estate worth at least 250,000
TURKISH RESIDENCE PERMIT AND TEMPORARY RESIDENCE PERMIT IN TURKEY Law on Foreigners and International Protection dated 2013 regulated and introduced many rights for foreigners in Turkey and potential immigrants. One of the most important regulation that was brought by this law is foreigners right to apply for temporary residence permit
EXPERT WITNESS IN TURKISH LAW Baris Erkan Celebi, Attorney at Law … Full Article only available in Turkish … V. CONCLUSION Witness expert is a new institution which was introduced to the legislation in 2011 by the article 293 of the Civil Procedure Code. However, prior to the Civil Procedure
BUYING, SELLING AND MORTGAGING REAL ESTATE IN TURKISH LAW In Turkish Law, the conditions required for a legal transfer of real estate are 1) Registration in the land registry, and 2) A valid legal reason for the said registration. Registration is made upon the written request for registration from a