Supreme Court Issues Critical Decision for Tenants and Landlords.
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15 Articles
According to the court's decision, a person who rented out a business premises in Istanbul in 2005 filed a rent determination lawsuit, stating that the monthly rent of 22,000 Turkish Lira paid by the tenant in 2021 was far below comparable rates and that market rental rates had increased significantly, and that the rent should be increased to 39,000 Turkish Lira. The civil court conducting the trial ruled that, in accordance with the Turkish Cod…
The 3rd Civil Chamber of the Supreme Court of Appeals ruled that even if a lease agreement has been renewed, a lawsuit to determine rent can be filed before the expiration of five years.
The Supreme Court has ruled that if the rent remains below the comparable and market value even though 5 years have not passed since the renewal of the lease agreement, a rent determination lawsuit can be filed if the conditions are met. The article "Supreme Court clarifies 5-year rule for lease agreements! It won't be valid under all circumstances!" first appeared on HaberX.
The Supreme Court ruled that even if less than five years have passed since the renewal of the lease agreement, a rent determination lawsuit can be filed if the payment is significantly below comparable and market rates.
The 3rd Civil Chamber of the Supreme Court of Appeals has issued a noteworthy ruling regarding rental prices below market rates. It ruled that rental price determinations can be made under certain conditions, even if five years have not passed since the new contract was signed.
The 3rd Civil Chamber of the Supreme Court of Appeals ruled that even if a lease agreement has been recently renewed, a rent determination lawsuit can be filed without waiting for the 5-year period for rent amounts that are significantly below comparable rents.
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