Abstract:

The determined charges in a construction agreement in return for land share arises after the parties sign the contract. As mentioned, in construction agreements in return for land share, while the contractor’s principal obligation is to create a construction a building , the land owner’s encumber is to transfer the land share as the payment to the contractor. As a rule, the contractor’s right to demand their allotment earned from fulfilling the obligations of the construction agreement in return for land share originates with the dedition of apartments agreed to the land owner. However, in practice, stakeholders usually transfer this to the contractor as “an advancement” before the end of construction with an independent section in the agreement.In construction agreements in return for land share, the land owner’s required payment to the contractor or third party or parties in accordance with the contractor has been determined as not cash but land share. Furthermore, it is stated that this disposition is not transferred for sale purposed but as the payment of the agreed independent section to the contractor. Hence, because this dedition cannot be classified as “transfer for sale”, the transferred dividends cannot be the subject of pre-emption cases. In short, there needs to be an agreement on the fact that the right of pre-emption cannot be exercised in these transfers. In a contrary case, this will not agree with the usual flow of life or good faith rule, especially for standing construction agreements

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