Law of Contracts

The concept of a contract embodies agreement and mutual consent.

According to Article 1 of the Turkish Code of Obligations, “A contract is concluded when the parties declare their mutual and corresponding intentions.”

For a contract to constitute a valid source of obligation, the following essential elements must be present:

  1. Capacity to contract

  2. Compliance with law, morality, and public order, and absence of impossibility of performance

  3. Consistency between intent and declaration

  4. Compliance with formal requirements, where such form is prescribed for validity

In the absence of one or more of these essential elements, the concept of invalidity arises, preventing the contract from creating enforceable obligations.

We provide legal support at every stage of contractual relations, including the drafting, negotiation, and execution of various types of contracts. The principal contracts we handle include:

  • Sale Contracts

  • Lease Agreements

  • Work (Construction) Contracts

  • Credit Agreements

  • Suretyship Contracts

  • Franchise Agreements

  • Employment Contracts

  • Agency Contracts

  • Real Estate Preliminary Sale Agreements

  • Inheritance Contracts

  • Marriage (Matrimonial Property) Agreements

  • Right of First Refusal Agreements

  • Repurchase Agreements

In addition, we deliver qualified and solution-oriented services in relation to:

  • Interpretation and Adaptation of Contracts

  • Breach of Contract and Legal Consequences