{"id":1954,"date":"2022-10-10T18:02:54","date_gmt":"2022-10-10T15:02:54","guid":{"rendered":"https:\/\/yetkiner.av.tr\/?p=1954"},"modified":"2022-10-12T12:11:54","modified_gmt":"2022-10-12T09:11:54","slug":"the-validity-of-voluntary-move-out-agreements-within-the-scope-of-turkish-law","status":"publish","type":"post","link":"https:\/\/yetkiner.av.tr\/en\/the-validity-of-voluntary-move-out-agreements-within-the-scope-of-turkish-law\/","title":{"rendered":"The Validity of Voluntary Move Out Agreements Within the Scope of Turkish Law"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong><u>The Validity of Voluntary Move Out Agreements Within the Scope of Turkish Law<\/u><\/strong><\/p>\n\n\n\n<p class=\"has-text-align-right\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <strong>Author:<\/strong> Att. Uygar Yetkiner, <em>Yetkiner<\/em><em> Law Firm<\/em><\/p>\n\n\n\n<ol type=\"I\"><li><strong><u>Introduction<\/u><\/strong><\/li><\/ol>\n\n\n\n<p>By the end of 2021, residential rents (\u201c<strong>Rent<\/strong>\u201d<strong>)<\/strong> have skyrocketed in Turkey. The increase mainly occurred due to the excessive depreciation of Turkish Lira and the general inflation within Turkish economy. Pursuant to the consumer price index (\u201c<strong>CPI<\/strong>\u201d) data<a href=\"#_ftn1\" id=\"_ftnref1\">[1]<\/a> provided by the Turkish Statistical Institute (\u201c<strong>TUIK<\/strong>\u201d), the annual CPI rate of change average is 59.91% as of September 2022.<\/p>\n\n\n\n<p>Moreover, the CPI data provided by TUIK bears grave importance as it determines the price cap when raising Rent at the end of a tenancy period. With respect to a new tenancy period, the parties of a residential lease agreement are barred from concurring on increasing Rent more than the annual CPI rate of change average pertaining to the previous tenancy period, pursuant to article 344 of the Turkish Code of Obligations (\u201c<strong>TCO<\/strong>\u201d).<\/p>\n\n\n\n<p>That being said, the increase of Rent in accordance with the high annual CPI rate of change averages resulted in extortionate Rent figures. This ultimately led to the intervention of the State, as many tenants struggled to pay Rent to their landlords.<\/p>\n\n\n\n<p>On 11 June 2022, a provisional article amending the TCO<a href=\"#_ftn2\" id=\"_ftnref2\">[2]<\/a> has been promulgated within the Official Gazette. Pursuant to the provisional article, Rent regarding renewed tenancy periods may not exceed 25% of the previous tenancy period\u2019s Rent. The provisional article is effective immediately and shall remain in force until 1 July 2023. As one shall infer, the abovementioned article 344 has been rendered non-functional by the provisional article.<\/p>\n\n\n\n<p>On the other hand, the intervention executed in good faith by the State kicked up a storm between tenants and landlords, as the latter is no longer able to increase Rent regarding renewed tenancy periods more than 25% of the previous tenancy period\u2019s Rent. In an effort to earn higher Rent income by way of leasing their properties to new tenants, landlords have resorted to concluding Voluntary Move Out Agreements with tenants, also known as an Agreement to Vacate Property.<\/p>\n\n\n\n<p>Albeit being referred to as an agreement, within the framework of Turkish law, Voluntary Move Out Agreements (\u201c<strong>the Agreement<\/strong>\u201d) are unilateral undertakings pertaining to the vacation of a premise, given by a tenant. The key points and conditions for validity of such Agreement shall be explained below.<\/p>\n\n\n\n<ol type=\"I\" start=\"2\"><li><strong><u>Conditions for Validity of the Agreement<\/u><\/strong><\/li><\/ol>\n\n\n\n<ul type=\"i\"><li><strong>The Agreement must be concluded in written form<\/strong><\/li><\/ul>\n\n\n\n<p>Pursuant to Article 352 of the TCO, the Agreement must be concluded in written form. Oral Agreements shall be deemed null and void. Moreover, it is required that the Agreement be signed by the tenant in wet-ink signature. It is recommended that the Agreement be drafted by a notary public to prevent denial of signature.<\/p>\n\n\n\n<p>On an important note, blank signatures should be avoided when concluding the Agreement. A blank signature is a signature appended to a document that still has essential parts to be added and authorizes the other party to amend such document in its sole discretion, which may ultimately lead to a discrepancy between the parties.<\/p>\n\n\n\n<ul type=\"i\"><li><strong>The Agreement must be concluded by the tenant herself\/himself<\/strong><\/li><\/ul>\n\n\n\n<p>Article 352 of the TCO stipulates that the Agreement can be exclusively concluded by the tenant. The wet-ink signature of another person shall not render the Agreement valid. Thus, even if there are other occupants residing along with the tenant within the resident, the Agreement must be signed by the tenant herself\/himself. In the event that there are multiple tenants, each tenant is required to sign the Agreement.<\/p>\n\n\n\n<p>In case the tenant has a spouse, it is recommended that the Agreement be signed by the spouse as well.<\/p>\n\n\n\n<ul type=\"i\"><li><strong>The conditions pertaining to the validity of the Agreement must have been met<\/strong><\/li><\/ul>\n\n\n\n<p>The Agreement must contain a statement by the tenant which explicitly indicates the date that the property shall be vacated.<\/p>\n\n\n\n<p>In the event that the parties wish to conclude an Agreement contingent upon certain conditions, it is recommended that a qualified attorney be consulted aforetime the conclusion as some conditions may render the Agreement null and void.<\/p>\n\n\n\n<ul type=\"i\"><li><strong>The Agreement must be concluded post-delivery of the property<\/strong><\/li><\/ul>\n\n\n\n<p>Article 352 of the TCO explicitly stipulates that an Agreement concluded before the premises are delivered to the tenant shall be deemed null and void. Thus, landlords should refrain from having the Agreement signed by the tenant before delivering the premises to the tenant.<\/p>\n\n\n\n<ol type=\"I\" start=\"3\"><li><strong><u>Conclusion<\/u><\/strong><\/li><\/ol>\n\n\n\n<p>All in all, due to extortionate Rent figures and the aforementioned provisional article amending the TCO, Voluntary Move Out Agreements have become an inseparable part of most residential lease agreements in this day and age. The abovementioned points to consider are key for validity of such Agreements. It is highly recommended that parties to a residential lease agreement contact a qualified attorney for the drafting and\/or review of Voluntary Move Out Agreements as well as the residential lease agreement itself.<\/p>\n\n\n\n<p><strong>Article Contact:<\/strong> Att. Uygar Yetkiner \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/p>\n\n\n\n<p><strong>E-mail:<\/strong> uygar@yetkiner.av.tr<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><a id=\"_ftn1\" href=\"#_ftnref1\">[1]<\/a> <a href=\"https:\/\/data.tuik.gov.tr\/Bulten\/Index?p=Tuketici-Fiyat-Endeksi-Eylul-2022-45798#:~:text=T%C3%9C%C4%B0K%20Kurumsal&amp;text=T%C3%9CFE'deki%20(2003%3D100,%59%2C91%20olarak%20ger%C3%A7ekle%C5%9Fti\">https:\/\/data.tuik.gov.tr\/Bulten\/Index?p=Tuketici-Fiyat-Endeksi-Eylul-2022-45798#:~:text=T%C3%9C%C4%B0K%20Kurumsal&amp;text=T%C3%9CFE&#8217;deki%20(2003%3D100,%59%2C91%20olarak%20ger%C3%A7ekle%C5%9Fti<\/a>. Last access date: 10.10.22. &nbsp;&nbsp;<\/p>\n\n\n\n<p><a id=\"_ftn2\" href=\"#_ftnref2\">[2]<\/a> <a href=\"https:\/\/www.resmigazete.gov.tr\/eskiler\/2022\/06\/20220611-1.htm\">https:\/\/www.resmigazete.gov.tr\/eskiler\/2022\/06\/20220611-1.htm<\/a>.&nbsp; Last access date: 10.10.22. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Validity of Voluntary Move Out Agreements Within the Scope of Turkish Law &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Author: Att. Uygar Yetkiner, Yetkiner Law Firm Introduction By the end of 2021, residential rents (\u201cRent\u201d) have skyrocketed in Turkey. The increase mainly occurred due to the excessive depreciation of Turkish Lira and the general inflation within Turkish economy. Pursuant to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1956,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":""},"categories":[72],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Validity of Voluntary Move Out Agreements Within the Scope of Turkish Law - Yetkiner Hukuk B\u00fcrosu<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/yetkiner.av.tr\/en\/the-validity-of-voluntary-move-out-agreements-within-the-scope-of-turkish-law\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Validity of Voluntary Move Out Agreements Within the Scope of Turkish Law - Yetkiner Hukuk B\u00fcrosu\" \/>\n<meta property=\"og:description\" content=\"The Validity of Voluntary Move Out Agreements Within the Scope of Turkish Law &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Author: Att. Uygar Yetkiner, Yetkiner Law Firm Introduction By the end of 2021, residential rents (\u201cRent\u201d) have skyrocketed in Turkey. The increase mainly occurred due to the excessive depreciation of Turkish Lira and the general inflation within Turkish economy. Pursuant to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/yetkiner.av.tr\/en\/the-validity-of-voluntary-move-out-agreements-within-the-scope-of-turkish-law\/\" \/>\n<meta property=\"og:site_name\" content=\"Yetkiner Hukuk B\u00fcrosu\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-10T15:02:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-12T09:11:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/yetkiner.av.tr\/wp-content\/uploads\/2022\/10\/pexels-andrea-piacquadio-3760067.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"853\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"yetkinerav\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"yetkinerav\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/yetkiner.av.tr\/en\/the-validity-of-voluntary-move-out-agreements-within-the-scope-of-turkish-law\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/yetkiner.av.tr\/en\/the-validity-of-voluntary-move-out-agreements-within-the-scope-of-turkish-law\/\"},\"author\":{\"name\":\"yetkinerav\",\"@id\":\"https:\/\/yetkiner.av.tr\/#\/schema\/person\/e12946a02747272cecc48eea9fe09a56\"},\"headline\":\"The Validity of Voluntary Move Out Agreements Within the Scope of Turkish Law\",\"datePublished\":\"2022-10-10T15:02:54+00:00\",\"dateModified\":\"2022-10-12T09:11:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/yetkiner.av.tr\/en\/the-validity-of-voluntary-move-out-agreements-within-the-scope-of-turkish-law\/\"},\"wordCount\":947,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/yetkiner.av.tr\/#organization\"},\"articleSection\":[\"Real Estate Law\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/yetkiner.av.tr\/en\/the-validity-of-voluntary-move-out-agreements-within-the-scope-of-turkish-law\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/yetkiner.av.tr\/en\/the-validity-of-voluntary-move-out-agreements-within-the-scope-of-turkish-law\/\",\"url\":\"https:\/\/yetkiner.av.tr\/en\/the-validity-of-voluntary-move-out-agreements-within-the-scope-of-turkish-law\/\",\"name\":\"The Validity of Voluntary Move Out Agreements Within the Scope of Turkish Law - Yetkiner Hukuk B\u00fcrosu\",\"isPartOf\":{\"@id\":\"https:\/\/yetkiner.av.tr\/#website\"},\"datePublished\":\"2022-10-10T15:02:54+00:00\",\"dateModified\":\"2022-10-12T09:11:54+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/yetkiner.av.tr\/en\/the-validity-of-voluntary-move-out-agreements-within-the-scope-of-turkish-law\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/yetkiner.av.tr\/en\/the-validity-of-voluntary-move-out-agreements-within-the-scope-of-turkish-law\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/yetkiner.av.tr\/en\/the-validity-of-voluntary-move-out-agreements-within-the-scope-of-turkish-law\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Anasayfa\",\"item\":\"https:\/\/yetkiner.av.tr\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Validity of Voluntary Move Out Agreements Within the Scope of Turkish Law\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/yetkiner.av.tr\/#website\",\"url\":\"https:\/\/yetkiner.av.tr\/\",\"name\":\"Yetkiner Hukuk B\u00fcrosu\",\"description\":\"- Av. 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Uygar Yetkiner, Yetkiner Law Firm Introduction By the end of 2021, residential rents (\u201cRent\u201d) have skyrocketed in Turkey. The increase mainly occurred due to the excessive depreciation of Turkish Lira and the general inflation within Turkish economy. 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