Reasons for the termination of the real estate lease contract in Turkey

Stability in Turkey has become a dream for many, and traveling to it and residing in it has become a goal for many people with different reasons. Some of them travel with the intention of investing in Turkey, and some of them travel with the intention of working according to a contract with a company, and some of them travel in order to study in Turkish universities. Residence in Turkey, some people buy property in Turkey and others reside in hotel apartments in Turkey, and many people rent a property in Turkey, especially if they stay for a short period of time or even if the person is from a limited income and is unable to Buying a property at the present time and today, within our article, we will talk more about lease contracts for real estate in Turkey and detail the reasons for terminating the contract with some advice and warnings ... Let's get started ..

 

• Definition of a lease contract in Turkey:

It is a contract that is concluded between two persons, one of whom is the tenant and the other is the owner of the property, and in an undertaking to pay a value of money monthly or annually by the tenant in exchange for staying in the house for a specified or indefinite period, with the consent of both parties.

 

The investment importance of leasing a property in Turkey:

There is no doubt that if the owner or investor leases the property, it will bring him great benefit, benefits and great profits, especially if the real estate market in Turkey is well studied and the active areas that are in high demand are chosen and are usually the areas where students and workers live. Or tourist areas, as real estate investment in this way is one of the most successful ways to increase profits by securing a monthly investment return for the owner while paying attention to the idea of ​​a periodic increase in the value of real estate, which raises the value of profits as well, so do not hesitate to invest in Turkey by renting real estate.

 

Information that must be available in the rental contract:

There is definitely a set of data that the lease contract is not valid to guarantee the right of the tenant and the owner of the property together, and this information is:

1. Personal data related to the owner, such as ID number and full name, as well as for the tenant.

2. Old dues owed by the owner, as he must confirm and pledge that the property does not have any previous dues or problems such as bills for electricity and water.

3. The financial value of the rent, as the amount must be clearly noted, as well as determining the time of payment and the method of payment, whether by hand or through a bank account.

4. The increase in the financial value of the rent, as the owner and the tenant must agree on a specific value of money to be added annually to the rent.

5. The period of the lease, as it is necessary to agree on the time period of the contract, whether in months or years.

6. Insurance: In the event that the tenant is assigned to pay the insurance, this must be mentioned in the rental contract and the amount that was paid is mentioned.

7. The signature of both parties, as the owner and the tenant sign the contract, after agreeing on all the previous clauses.

 

• The reasons for the termination of the lease agreement between the owner and the tenant:

A. Expiration of the agreed period:

The contract is automatically terminated in the event that the agreed lease term ends, whether this period is specified in paper form on the contract or verbally between the two parties.

 

B. A defect in the drug or a defect that prevents use:

The owner must deliver the property to the tenant in a good condition and suitable for housing and various needs, and if the tenant notices the existence of a defect, he can ask the owner to fix this defect and give him some time. If he does not respond, he can repair it himself, provided that this amount is deducted from the values The rent, and in case the property is not usable and does not provide the desired comfort, he can cancel the contract.

 

C. Tenant delay and failure to pay rent:

In the event that the tenant is late in paying the money owed by him, the landlord can warn him in writing of the necessity to pay the owed, while giving him a time limit of not less than 10 days in case the property is residential and not less than 30 days in case it was commercial for the purpose of work and then in the absence of Obedience The owner can break the contract.

 

D. Significant negligence by the lessee with respect to the property:

In the event that it appears that the tenant does not take care of the property as he should, or in the event of a complaint by the neighbors, the owner can give him a period of not less than 30 days to try to fix the defect and improve the situation. And unjustified, then he can terminate the contract directly without the need to wait for any period of time.

 

E. Sudden emergency causes:

Either party, whether the owner or the tenant, can cancel the lease contract for the occurrence of any emergency that cannot be postponed, such as the death of the tenant or the loss of his money, but with commitment to the legal period of notification before leaving the house.

 

These were the most important reasons and the most important information you need to know regarding renting real estate in Turkey, good luck ...