REAL ESTATE AND URBAN TRANSFORMATION LAW

Real Estate and Urban Transformation Law is a specialty of “Forensis”. Buying and selling real estate is used as an individual or corporate investment instrument in Turkey. Besides, the establishment of production and service facilities, and even the process of expropriation, is the subject of Real Estate Law. Real Estate Law is the intersection point of, commercial law, property law, the law of obligations, and administrative law. The fact that transactions take place in a profoundly serious institution like the Land Registry is also important.

On the other hand, in recent years Urban Transformation storm has blown all over Turkey, especially Istanbul. Construction, locomotive sector of our economy, has become even more active when the Law on Transformation of Areas Under Disaster Relief (Law No. 6306) (Urban Transformation Law) comes into force. With the relevant legislation, the renovation and strengthening of the buildings have been made with most of the landowners in the regions at risk. In almost every city of our country, urban transformations are ongoing.

In this context, “Forensis” manages the investments of local and foreign clients in Real Estate and Urban Transformation Law and provides all necessary support to them. The transactions we have carried out with our expert team in real estate law are:

• Preliminary sales agreement for real estate property and related land registration cases
• Construction contracts in return for flat and related land registration cases,
• Lease and Usufructuary lease agreements,
• Cases of cancellation of land registration due to error, fraud, and collusion,
• Registration of usufruct, purchase, repurchase, preemption rights to Land Register.
• Annotation of matrimonial property,
• Building permit,
• Actions against expropriation proceedings,
• Urban transformations cases.