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Real Estate Sales and Commission Agreement

REAL ESTATE SALES AND COMMISSION AGREEMENT

Protocol Information

  • Protocol No: ……………………

  • Agency Code: ……………………

  • Province/District/Neighborhood: ……………………

  • Island/Sheet/Parcel: ……………………

  • Apartment Name: ……………………

  • Door/Floor Number: ……………………

Parties

This agreement is entered into between the Property Owner (Seller) ………………………………. and the Customer (Buyer) ………………………………., under the following terms and conditions


Article 1 – Sale Price

The seller agrees to sell the property subject to this agreement …… TL/EUR/USD (in words ………………………) , and the buyer agrees to purchase it for the same price.


Article 2 – Deposit

The buyer has paid a deposit of …… TL/EUR/USD (in words ………………………) as a down payment towards the sale price .

  • The deposit is non-refundable if the buyer cancels the order.

  • If the seller cancels the contract, double the deposit will be refunded (Turkish Code of Obligations, Article 178).

📌 Supreme Court 14th Civil Chamber, Case No. 2015/5642 E., Decision No. 2016/7891 K.: If the seller withdraws from the contract, they must return the deposit plus pay compensation of the same amount.


Article 3 – Method of Payment

The remaining sale price will be paid as follows:

  • ……… TL/EUR/USD cash,

  • The remainder will be paid in ……… monthly installments, with each installment in ……… TL/EUR/USD.

If installments are not paid on time, default interest will be applied (Turkish Code of Obligations, Article 120).


Article 4 – Commission Fee

The buyer and seller agree to pay ……………… Real Estate Consultancy a commission of % … of the sale price upon completion of the sale

It has been agreed that if either party withdraws from the sale, both parties are obligated to pay the commission fee.

📌 Supreme Court 13th Civil Chamber, Case No. 2017/6548 E., Decision No. 2019/3456 K.: In sales facilitated by a real estate agent, a commission fee arises; liability arises if the sale does not take place or if one party withdraws from the transaction.


Article 5 – Obligations of the Parties

  • The seller is obligated to ensure there are no encumbrances on the property's title deed, and to inform the buyer if there are any.

  • The buyer will fulfill their obligation in accordance with the payment schedule.

  • The parties agree not to raise any objections to the commission charged by the agent who brokered the contract.


Article 6 – Withdrawal and Compensation

The party withdrawing from the sale is liable to compensate the other party for any direct damages incurred, as well as the real estate agent's commission.


Article 7 – Resolution of Disputes

In case of disputes arising from this agreement, the Courts and Enforcement Offices of …… shall have jurisdiction.


Regulation and Enforcement

This agreement was signed by the parties on …/…/… in … copies, and one copy was given to each party.

Buyer (Signature)
Seller (Signature)

                                                   YAĞMUR YORULMAZ, LAW FACULTY STUDENT

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