REAL ESTATE SALES PROMISE AGREEMENT

REAL ESTATE SALES PROMISE AGREEMENT

Contract Date: [Day/Month/Year]
Contract No: [Number, if any]

This Real Estate Sales Promise Agreementbetween the parties whose details are provided below, the Turkish Code of Obligations No. 6098, the Land Registry Law No. 2644, and other relevant legislation , with a commitment to sell the real estate at a later date.

1. PARTIES

The Party Making the Promise to Sell (Potential Seller):

• Name/Title: [Seller Name]
• TR Identity Number / Tax Number: [XXXXXXXXXX]
• Address: [Seller's Address]
• Phone: [XXXXXXXXX]
• Email: [XXXXXXXXX]

Party Benefiting from the Sales Agreement (Prospective Buyer):

• Name/Title: [Recipient Name]
• TR Identity Number / Tax Number: [XXXXXXXXXX]
• Address: [Recipient's Address]
• Phone: [XXXXXXXXX]
• Email: [XXXXXXXXX]

The parties will be referred to as "Prospective Seller" and "Prospective Buyer" in this agreement .

2. SUBJECT OF THE AGREEMENT

This agreement constitutes the mutual declaration of intent between the parties to sell the property owned by the Prospective Seller, the details of which are given below, in the future under the specified conditions

Property Information:

• Province / District: [Property Location]
• Neighborhood / Location: [Detailed Location]
• Plot/Parcel Number: [Should be specified if applicable]
• Title Deed Record: [Title Deed Information]
• Type: [Land, residential, commercial, agricultural land, etc.]
• Area: [Square meters]

The prospective seller undertakes not to sell the property to a third party during the contract period.

3. SALES PRICE AND PAYMENT TERMS

3.1 Sale Price of the Real Estate

• The sale price has been determined by the parties [X TL] .
• Upon signing the contract, [X TL] will be taken as a deposit/advance payment.
• The remaining amount in cash or on credit at the time of sale .

3.2 Payment Terms

• Payment will be made via [Bank Transfer / EFT / Credit Card / Cash]
• In the case of a sale on credit, the payment schedule is as follows:
  • First installment: [X TL], payment date [Day/Month/Year]
  • Final installment: [X TL], payment date [Day/Month/Year]

3.3 Delay and Penalties

• If the Prospective Buyer fails to make payment on the specified dates, the Prospective Seller a late payment interest of X% .
• If the Seller Candidate sells the property to a third party within the contract period, the Buyer Candidate may claim double the amount of the deposit as compensation

4. DELIVERY OF THE PROPERTY AND TRANSFER OF TITLE DEED

• The parties agree that the title transfer will take place on [Day/Month/Year]
• The transfer of title is officially carried out at the relevant Land Registry Office.
• The prospective seller guarantees that the property will be transferred free of debts, encumbrances, and mortgages
• Title deed fees and official expenses the [Seller/Buyer] .

5. RIGHTS AND OBLIGATIONS OF THE PARTIES

5.1 Responsibilities of the Prospective Seller

• The contractor is obligated to transfer the property to the prospective buyer upon full payment of the sale price .
• The prospective seller may not sell or transfer the property to another person.
• The prospective seller will not charge any additional fees or transaction costs.

5.2 Obligations of the Prospective Buyer

• He is obliged to pay the sale price in accordance with the contract.
• If the Seller Candidate fails to fulfill its payment obligations, it may unilaterally terminate.
• In property transactions, they are responsible for preparing the relevant official documents during the transfer of title.

6. TERMINATION OF THE AGREEMENT AND RIGHT OF WITHDRAWAL

6.1 Right of Withdrawal

• The Prospective Buyer [X] days .
• If the right of withdrawal is exercised, the deposit paid will/will not be refunded in full.

6.2 Termination of the Contract

• If the Prospective Buyer fails to fulfill its obligations, the Prospective Seller may terminate the contract and forfeit the deposit.
• If the prospective seller sells the property to someone else, the prospective buyer may claim compensation equal to double the amount of the deposit paid.

7. RESOLUTION OF DISPUTES

• The parties agree to resolve any disputes arising from this agreement primarily through negotiation
• In disputes that cannot be resolved through negotiation between the parties, the [City] Courts and Enforcement Offices have jurisdiction.

8. FINAL PROVISIONS

• This agreement [X] copies and has been read and signed by the parties.
• Neither party may make changes to the terms of this agreement without written notice.
• The parties declare that they accept the terms of this agreement.
• The provisions of this agreement the Turkish Code of Obligations and the Land Registry Law .

📌 PROSPECTIVE SELLER
Name/Title: [Seller Name]
Signature: __________

📌 PROSPECTIVE BUYER
Name-Surname / Title: [Buyer Name]
Signature: __________