Contract Sample-7
JOINT AND SEVERAL GUARANTEE AGREEMENT ARTICLE 1- PARTIES 1.1. Creditor Trade Name: …………………………………. Inc. MERSIS No: …………………………………. Tax Office / Tax No: …………………………………. Address: …………………………………. In this agreement... Read More
Default and Acceleration in Ship Mortgages
A ship mortgage is a security mechanism that arises from registration in the ship's registry and secures the receivable in kind. Due to the nature of maritime trade, ships have a high value... Read More
How can I evict my tenant?
How Can I Evict My Tenant? Eviction Procedures, Time Limits, Evidence, and Supreme Court Practice in Türkiye. In residential and commercial property leases, "eviction of a tenant" is not an arbitrary act... Read More
Sample Petition for a Compensation Lawsuit Filed Due to an Accident
PETITION FOR COMPENSATION CLAIM FILED DUE TO ACCIDENT TO THE DUTY PRIMARY COMMERCIAL COURT PLAINTIFF: Ayşe YILMAZ (TC: 12345678987) – Address: … (Residence) REPRESENTATIVE: ... Read More
Dispute Resolution Methods: Insurance Arbitration, Mediation, Consumer-Commercial Dispute Resolution
Which Approach for Which Case? Insurance dispute (e.g., depreciation, repair difference): First, a written application to the insurance company; if no response/payment is received or if there is a partial rejection... Read More
Petition for Completion of Missing Court Fees and Increase of Claim in a Compensation Case
CASE NUMBER: …/… … TO THE ANKARA PRIMARY COMMERCIAL COURT PLAINTIFF: Name and Surname – (Turkish Republic Identity Number: …) Address: … REPRESENTATIVE: Attorney…. Read More
Non-performance of obligations: Consequences and Legal Remedies
Turkish Law of Obligations regulates the performance of obligations and the consequences arising from the non-performance of these obligations. Performance of obligations is determined by the debtor... Read More
THE DIFFERENCE BETWEEN A PENALTY CLAUSE AND TERMINATION OF A CONTRACT: LEGAL BASIS AND APPLICATION REQUIREMENTS
The Difference Between a Penalty Clause and Termination of Contract: Penalty Clause: A penalty clause is the amount of compensation that the debtor agrees to pay to the creditor in case of breach of contract... Read More
CREDITOR DEFAULT AND DEBTOR DEFAULT: TYPES OF DEFAULT AND ITS CONSEQUENCES
Creditor Default and Debtor Default: Default is a legal concept that arises when one of the parties in a debt relationship fails to fulfill their obligation. The creditor and the debtor... Read More
Request for Payment of Bond Amount
NOTICE OF WARNING BY: Name and Surname-(Turkish Republic Identity Number) ADDRESS ... Read More