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ARTICLE · 14 JUNE 2017

Real Estate 2017

Please briefly describe the main laws that govern real estate in your jurisdiction.

TurkeyReal Estate and Construction
Iris Erbil
Iris Erbil

Co-authored by Iris Erbil and Baris Sahin

1.1 Please briefly describe the main laws that govern real estate in your jurisdiction. Laws relating to leases of business premises should be listed in response to question 10.1. Those relating to zoning and environmental should be listed in response to question 11.1.

The main laws that governs real estate in Turkey is Turkish Civil Code ("TCC") and the Code of Obligations ("TCO").

1.2 What is the impact (if any) on real estate of local common law in your jurisdiction?

Turkey is a civil law country. Therefore, in general, precedent court decisions only have an interpretative impact.

1.3 Are international laws relevant to real estate in your jurisdiction? Please ignore EU legislation enacted locally in EU countries.

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