10 Kasım 2024
Legal Reflections of the Exorbitant Rent Increases in Turkey
While Turkey is facing a slowdown in real estate market these days; dramatic changes in real estate prices with its legal implications are observed day by day. One would agree that there are many factors behind this soaring in terms of rental fees and sale prices applied in Turkish real estate market.
Inheritance Rights of Non-Turkish Citizens on Properties Located in Turkey
In cases where the legator and the inheritors are non-Turkish citizens, it is first necessary to determine which country's law shall be applicable for the transition of the inheritable properties located in Turkey (“Heritage”) to the inheritors. Within this framework, pursuant to Article 20 of the International Private and Civil Procedure Law numbered 5718, Turkish law shall apply for the transition of immovable properties and for the transition of movable properties, the national law of the deceased/legator shall apply.