Practice Areas in Turkey
Contract Law
In Turkish law, the principle of freedom of contract prevails, allowing parties to structure their agreement as they see fit. Contracts can be established verbally or in writing, but no term within the contract may contradict mandatory elements of the statute. While there is considerable freedom in forming contracts, there are limitations. Contracts violating personal rights, morals, and legal norms, containing infringing clauses, are considered invalid. Unlike some legal systems, Turkish law does not have a separate body known as contract law. Nevertheless, contracts are addressed in various legal branches, with numerous provisions covering terms, outcomes, and sanctions.
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Contract law in Turkey allows for the enforcement of penal terms, a feature challenging to implement in several legal systems. Therefore, it is crucial that contracts governed by Turkish law be thoroughly and expertly examined to ensure a comprehensive understanding and proper application of the legal provisions.
In various realms of contract law, including loan agreements, property purchase and sale, leasing, project finance, venture or debt contracts, royalty agreements, licensing, patent arrangements, franchise contracts, receivable-debt structuring, reconciliation protocols, company formation, and the establishment of articles of incorporation, CCS Law offers legal assistance. This includes support in the drafting, reviewing, editing, writing, signing, and execution processes of these contracts.
