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ARTICLE · 12 SEPTEMBER 2023

Rent Adjustment Lawsuit In Turkey

PALDIMOGLU Law Firm
PALDIMOGLU Law Firm
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PALDIMOGLU Law Firm

PALDIMOGLU Law Firm

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Unforeseen national and global developments can significantly impact the conditions of a contract compared to the time it was drafted.

TurkeyReal Estate and Construction

INTRODUCTION

Unforeseen national and global developments can significantly impact the conditions of a contract compared to the time it was drafted. Factors such as inflation, price fluctuations, and political and legal developments can play a role in this. In such situations, strictly adhering to the contract can contradict fairness and may necessitate filing a rent adjustment lawsuit unless the parties came to an agreement. This article will examine rent adjustment lawsuits, conditions for rent adjustment lawsuits and provide answers to frequently asked questions.

What is a Rent Adjustment Lawsuit?

A rent adjustment lawsuit is a legal action that allows for the adaptation of the rent to changing conditions due to extraordinary circumstances. It can be filed for both movable and immovable property rentals and is based on Article 138 of the Turkish Code of Obligations. According to the article, an extraordinary circumstance that was neither foreseen nor expected

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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