Article 344 of the Code of Obligations (6098) was amended on 18 January 2019 (and is retroactively effective from 1 January 2019). This article regulates the upper limit of rent increases for residences and workplaces with a roof that can be agreed on by parties to a rental agreement or determined by the courts. The upper limit will now be calculated based on the consumer price index and not the producer price index as before.
For further information on this topic please contact Onur Ergönen or Gamze Güngör at Acar & Ergonen Law Firm by telephone (+90 212 358 07 00) or email ([email protected] or [email protected]). The Acar & Ergonen Law Firm website can be accessed at www.acarergonen.av.tr.
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