Is there a right of pre-emption regarding the transferred independent unit, including land shares and co-ownership in common areas? Under what circumstances might a right of pre-emption arise?
Is there a right of pre-emption regarding the transferred independent unit, including land shares and co-ownership in common areas? Under what circumstances does the right of pre-emption apply...?. Read More
Dividing the Inherited House
Brief Summary: Upon the death of the testator, the estate (e.g., house) passes to the heirs as joint (co-ownership). At this stage, the shares are not determined; there is no single entity to own the immovable property... Read More
Contractual Right of Pre-emption (Shuf'a) Agreement
CONTRACTUAL PREEMPTION RIGHT AGREEMENT Date: [//__] Place: [_____________ Notary Public / [City-District]] Agreement No: [/] 1. PARTIES 1.1. Right Grantor (Owner): Name-Surname/Title:... Read More
Right of Pre-emption (Shuf'a Right)
The right of pre-emption (or right of first refusal), also known as the right of first refusal, is a frequently encountered concept in Turkish Civil Law, but one that is often misunderstood in practice. This is especially true in cases of shared ownership... Read More
Violation of the Right of Pre-emption – Legal Framework and Judicial Decisions in Türkiye
1. Introduction The right of pre-emption (right of first refusal) is regulated in Articles 732-736 of the Turkish Civil Code and refers to the right of one co-owner to sell their share of a jointly owned immovable property to a third party... Read More
Draw up a partnership agreement before establishing your company!
COMPANY PARTNERSHIP AGREEMENT (For limited liability companies, multi-partner structure) Article 1 – Parties The persons whose details are written below, hereby enter into a limited liability company... Read More