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The lease contract in Turkey is an official document that you must show when you undertake many government transactions. You are required to show this contract as proof of your residential address, and for this you must make sure that you have a legal contract certified by the notary.
There are also several things that play a major role in the validity of the lease contract in Turkey, and are essential to ensure that this contract is valid and in compliance with Turkish law, and we will learn about them now in this article:
The lease contract in Turkey must contain several necessary information, in order for both parties to guarantee the property owner and the tenant, and these items are:
The rental contract in Turkey must include the personal information of both the property owner and the tenant, and the personal identification numbers of both must be accurately listed.
Attention must be paid to the fact that the property is free of financial dues, that is, all taxes and financial obligations resulting from it have been paid by its owner before renting it and concluding the contract. He is responsible for paying them, not the tenant.
The rental contract in Turkey must include the value of the amount agreed upon between the property owner and the tenant, and clarify whether the amount is monthly or annually, in addition to specifying the dates of payment of rent and the method of payment.
A specific percentage is agreed in advance to raise the rent value, and it is written down in the lease agreement between the owner and the tenant.
The rental period of the property must be written in the contract, and the beginning of the period from the moment the tenant receives the property.
It is agreed between the owner and the tenant to pay any additional entitlements incurred by the tenant after receiving the property, such as the proceeds of cleaning, utilities and other entitlements, and this agreement is recorded in the contract.
The tenant is required to pay an amount under the name of insurance in compensation for any damages that may occur to the property, and the amount is often estimated at the value of one month’s rent, and this amount remains with the real estate office that was appointed as an intermediary between the property owner and the tenant.
The contract must bear the signature of the property owner and the tenant or their legal representative and hold a valid power of attorney on behalf of one of the parties.
You must pay attention to several things before you rent any property, whether residential or commercial, and before you sign the contract between you and the property owner, and we will mention the most important of them:
Note : The ratification of the lease contract is necessary for both the property owner and the tenant, as it guarantees the rights of both and spares the property owner from paying the tax evasion fine that the municipality can impose if the contract is not authenticated.
After knowing the details of concluding the contract, we must know how the annual increase is agreed upon.
We will explain to you some important things and points related to the annual increase in the value of rent in Turkey, in order to face the problems that Arabs and foreigners in Turkey may face.
Note : It is worth noting that the rent increase approved by the Statistics Authority for the year 2021 is (12.28%) in addition to the rent value.
The process of calculating the value of the annual rent hike in Turkey is carried out in a simple way, as follows:
The monthly rent value of the property + 12.28% = the full rent value after adding the annual increase rate.
For example, if the rent you pay is around 700 TL, the increase will be:
700 liras + 12.28% = 785,96 TL the value of the new rent.
Turkish law stipulates that the rent must be paid by bank if its value exceeds 500 Turkish liras, where the tenant pays the agreed value within the lease contract by bank transfer, and the tenant must explain the reason as rent dues, in order to benefit from bank discounts on this type of remittances.
Note : Transfer fees are calculated on the tenant, according to Turkish law.
Let's get acquainted with the cases in which the lease contract is canceled.
This type of contract can only be canceled by mutual consent between the property owner and the tenant, but in certain cases the property owner can file a complaint in order to cancel the contract concluded between him and the tenant, and these cases are as follows:
In this article, we have mentioned to you the most important things that you must take into account while concluding a rental contract in Turkey, and we have also shown you the cases that require canceling the contract, and how to raise the rent in a simple arithmetic way.
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