Friday, 30 May 2014

Developers cannot sell off-plan property if the permission is not obtained...

New consumer law:"Developers cannot sell any off-plan property if the construction permission is not obtained yet" says Turkish Trade Minister Mr. Yazıcı



Mr. Hayati Yazıcı, The Turkish Trade Minister presents the new consumer law and according to the law; "Property developers cannot sell any off-plan property to clients if the construction permission is not obtained yet"

Also according to the new consumer rule: "Client can cancel his off-plan sales contract but on one condition; he has to pay 2% of the sales price as a penalty"says Turkish Trade Minister Mr. Yazıcı

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