Ownership Transfer In Agricultural Land

Any transfer of ownership of agricultural land in Turkey is subject to the Law on Land Protection and Use of Agricultural Land Nr. 5403 (the "Law") and the Regulation on the Transfer of Agricultural Land published in the Turkish Official Gazette on December 31, 2014  numbered 29222. Similarly, division, allotment of agricultural land, increase in their shareholders, except for sales of real estate owned by the Treasury, is prohibited. If an allotment below the legally required size is inevitable for land not used for agricultural purposes, or land with a special climate, or land requirements,  smaller parcels can be established after obtaining the opinion of the Turkish Ministry of Food, Agriculture, and Livestock (the "Ministry").