Terminate Property Co-ownership - Force Property Sale in Turkey

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Excellent service, definitely recommended. Very good and reliable service!
Rakesh Rathod
Rakesh Rathod
14 Jun 2024

Service Details

Terminate Property Co-ownership - Force Property Sale

This service is available across Turkey

Who Can Benefit from this Service?

Terminating co-ownership and forcing property sale in Turkey involves dealing with the complexities of Turkish property law, particularly the Civil Code (Türk Medeni Kanunu - TMK) and the Property Ownership Law (Kat Mülkiyeti Kanunu - KMK). 

These laws provide the legal framework for the dissolution of co-ownership and the forced sale of property, ensuring that the rights and obligations of all parties are properly managed. Our lawyers are able to guide clients through these complexities, and provide assistance to:

  • Individuals who are co-owners of property in Turkey and seek to end this arrangement
  • Parties in need of legal assistance to sell a property due to disputes or financial reasons
  • Expats or foreign investors in co-ownership situations within Turkey requiring resolution
Who Can Benefit from this Service?

Requirements

  • Valid ownership documents and evidence of the co-ownership status
  • If possible, an agreement among all co-owners to facilitate the sale
  • Adherence to relevant Turkish laws, including TMK and KMK, and any regulations concerning foreign ownership
Requirements

Process: Step by Step

  1. Initial Legal Consultation: We begin by assessing your property and ownership documentation, focusing on TMK and KMK provisions relevant to your situation.
  2. Negotiation and Mediation: Efforts are made to reach a voluntary dissolution agreement among all co-owners, leveraging our understanding of Turkish legal practices.
  3. Litigation for Forced Sale: Should negotiations fail, we proceed with legal action under TMK Art. 634 and KMK provisions to seek a court-ordered dissolution and sale.
  4. Managing the Sale Process: We ensure compliance with all legal and procedural steps for the sale, including valuation, listing, and closing the transaction, in line with Turkish real estate laws.
Process: Step by Step

Benefits - Why Choose Our Service

  • Deep Knowledge of Turkish Legal System: Our expertise in TMK and KMK allows for a nuanced approach to co-ownership issues.
  • Skilled Negotiation and Dispute Resolution: We prioritise resolving disputes through negotiation, only turning to litigation when necessary.
  • Assurance of a Fair and Legal Sale Process: Our approach guarantees that the property is sold at a fair price and that proceeds are distributed according to legal requirements.
Benefits - Why Choose Our Service

Key Components of this Service

  • Legal representation in the lawsuit for the termination of co-ownership.
  • Negotiation support to reach an amicable agreement among co-owners, if possible.
  • Handling all procedural aspects, including court filings, property valuation, and auction organisation.

This procedure can be complex, involving detailed legal and procedural requirements. Co-owners are advised to seek legal assistance to navigate this process effectively, ensuring that their rights are protected and that the outcome is equitable.

Key Components of this Service

Free Support Services Included

When combined with the free and innovative Advocate Abroad support services you can be sure that you are obtaining completely transparent legal services from registered and regulated English-speaking lawyers abroad.These support services include:

  • Verification of the regulatory status of your professional.
  • Fees as recommended by the Local Professional Body
  • Fees specified in advance and legally guaranteed.
  • Service levels agreed in advance and guaranteed.
  • All professionals must hold professional indemnity insurance.
  • Professionals' proficiency in English monitored.
  • Continuous quality controls and reviews.
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