The acquisition of real estate of foreign natural persons is one of the most controversial issue in our country, on which plenty of amendments have realized in Turkish Law. In Turkish Law the above mentioned issue has been held in a dispersed legal structure. The rights of foreign natural persons on real estate acquisition are mainly handled at the Land Register Act, numbered 2644. In this Article, the requisites and restrictive arrangements pertaining to real estate acquisition of foreign natural persons in our country has been examined, especially in the scope of legal framework which is revealed by Land Register Act.The most significant amendment realized on Land Register Act in 2012 is the abolition of mutuality principle relating to the acquisition of real estate of foreign natural persons. Within this framework, instead of mutuality principle, the condition on being a citizen of a State, which is determined by Ministerial Cabinet has been adopted. On the other hand, the lack of “acquisition aim” at the Land Register Act, is considered to be the most outstanding deficient about the acquisition of real estate of foreign natural persons
Benzer Makaleler | Yazar | # |
---|
Makale | Yazar | # |
---|