THE IMPORTANCE OF MAKING AGREEMENT / CONTRACT
Making a contract is an agreement made to determine the obligations and responsibilities of the other party when conducting any business or transaction. Contracts can be defined as a document that regulates mutual rights and obligations between parties on a specific subject under contract law in Turkey. Contracts determine the legal relationship between parties and regulate their mutual rights and obligations. Therefore, the importance of making agreement is significant.
The importance of making agreement and contract is to clarify the agreement between the parties. By making a contract, the mutual rights and obligations of the parties are determined, and in case of any uncertainty or dispute, the contract can be used as evidence to facilitate the resolution of disputes between the parties. In addition, making a contract provides a legal basis for protecting the rights and obligations of the parties in case of any dispute.
Another importance of making agreement is to ensure that the parties’ obligations are fulfilled. Contracts regulate the mutual rights and obligations of the parties and state that both parties must fulfill their obligations under the contract law in Turkey. Therefore, making a contract enables the parties to cooperate and fulfill their obligations, ensuring the smooth running of the business.
Making a contract also helps to reduce disputes between the parties. In case of any disagreement, the contract clearly specifies the mutual rights and obligations of the parties. This facilitates the resolution of disputes between the parties and prevents a long and exhausting legal battle when it is not necessary.
Making a contract prevents the parties from being exposed to risks. Contracts minimize the potential losses of the parties in case of any uncertainties by specifying their risks and responsibilities. Additionally, making a contract is important in terms of providing legal protection to the parties in case of a dispute.
The importance of making agreement is crucial both in the business world and in daily life. The importance of making a contract lies in providing a legal basis in case of a dispute between the parties, clarifying and ensuring the fulfillment of their obligations, minimizing risks, and protecting the rights of the parties under contract law in Turkey. Therefore, it is necessary to be careful while making a contract and prepare a detailed agreement that specifies the rights and obligations of both parties.
The importance of making agreement is not only limited to the business world but also holds great significance in daily life. For instance, making a contract is essential in many situations such as renting a house, buying a car, service agreements, etc. These contracts specify the rights and obligations of the parties and make the resolution of any dispute easier while minimizing their risks.
In conclusion, the importance of making agreement and contract is significant in both the business world and daily life. Preparing a detailed contract that specifies the mutual rights and obligations of the parties enables them to collaborate and fulfill their obligations, ensuring the smooth execution of their agreements and facilitating the resolution of any disputes that may arise.
SUBJECTS COVERED BY CONTRACT LAW IN TURKEY
Contract is one of the fundamental concepts of law and is used in many different areas. The most important feature of a contract is the formation of an agreement between the parties. Through this agreement, the parties undertake mutual rights and obligations on a specific subject. Contract law in Turkey deals with the process of making, implementing, and terminating contracts.
Contract law in Turkey includes legal regulations that determine the rights and obligations of the parties. Since contracts regulate the relationship between the parties, contract law in Turkey protects the rights of the parties and provides protection against injustices. Contract law in Turkey covers many subjects. These include topics such as the sale of goods, lease agreements, employment contracts, real estate law, inheritance agreements, consumer law, commercial law, insurance law, and license agreements.
The most common examples of contracts are as follows:
- Sales Contracts: Contracts that cover agreements between the seller and the buyer. These contracts may include the sale of products, goods, or services.
- Employment Contracts: Contracts that cover agreements between the employer and the employee under Labor Law in Turkey. These contracts may include details such as working conditions, working hours, and wages.
- Lease and Franchise Agreements: Contracts that cover agreements between the lessor and the lessee. These contracts may include the leasing of various items such as real estate, cars, and vehicles.
- Partnership Agreements: Contracts that cover agreements between business partners. These contracts regulate business partnerships and ventures.
- License Agreements: Contracts that give a person, company, or organization permission to use the intellectual property rights of another person, company, or organization. These contracts may include intellectual property rights such as patents, trademarks, copyrights, etc.
- Service Contracts: Contracts where one party promises to perform a service or job for another party. These contracts may be in various fields such as construction works, consulting services, etc.
- International Agreements: Contracts that cover agreements between different countries. These international agreements may include topics such as export, import, and international cooperation.
- Consumer Contracts: Contracts that cover agreements between consumers and sellers or service providers. These contracts regulate the conditions of the goods and services sold to consumers, warranty, and return policies.
- Real Estate Contracts: Contracts that regulate real estate buying and selling, renting, mortgage, and similar issues. These contracts may include topics such as buying, selling, renting, or using immovable properties as collateral.
- Insurance Contracts: Contracts that cover agreements between insurance companies and policyholders. These contracts regulate the terms and conditions of insurance policies, premium payments, and compensation claims.
- Banking and Financial Contracts: Contracts that cover agreements between banks, financial institutions, and customers. These contracts may include topics such as loan agreements, investment agreements, collateral agreements, etc.
- Consulting Contracts: Contracts that cover agreements between consultants or consulting firms and their clients. These contracts regulate the scope of consulting services, fees, confidentiality, and obligations.
- Supplier and Customer Contracts: Contracts that cover agreements between a supplier and a customer. These contracts regulate the conditions, prices, and payment terms of the supply of goods or services.
Please review our Business Law page to get more information about commercial agreements.
ESTABLISHMENT OF CONTRACT IN TURKEY
It is understood that for the establishment of a contract according to contract law in Turkey, two or more parties must mutually declare their will to bring about a legal result, and these declarations of will must be compatible with each other. The establishment of the contract with mutually compatible declarations of will of the two parties takes place with the acceptance of the offer of one party by the other party.
An offer is a statement of intent addressed to the other party, which includes the offer of one party to create a contract. The offer gives the other party the opportunity to conclude the contract and the offeror cannot prevent it.
According to contract law in Turkey; Acceptance is a statement of will directed by the addressee to the person who made the offer in response to an offer and expressing the desire to conclude the contract. Acceptance can only be made by the party to whom the offer is made. Acceptance is a legal transaction that creates innovation, since the contract will be deemed to have been concluded with acceptance.
Compatibility of mutual declarations of will
If the opinions of the two parties are the same on whether the declarations of intent of the parties are compatible with each other, there will be clear conformity or incompatibility, and whether the contract has been established or not does not cause a conflict between them.
However, if there is a disagreement between the two parties as to whether the contract has been established; in this dispute, the conclusion will be reached with the interpretation of the declarations of will. It is accepted that the interpretation of the contract will be made within the framework of the theory of trust, both in the doctrine and in the contract law in Turkey.
TERMS OF VALIDITY OF THE CONTRACT IN TURKEY
The validity conditions of a contract in Turkey include certain elements that are important for it to gain legal binding. For a contract to be valid, there must first be legal capacity among the parties. In other words, the parties must have the ability to make a contract and must legally possess this ability. A contract that does not comply with the validity conditions may be considered legally invalid and not binding between the parties.
- The parties must be competent.
In order for the contract to be valid under contract law in Turkey, the parties must be competent to enter into that contract. The basic condition of legal action capacity for real persons is that the person making the declaration of will has the power of appeal. Legal entities are determined by the rules specific to them.
- The subject of the contract should not be contrary to the mandatory rules of law, public order, general morality and personal rights.
In accordance with the principle of freedom of contract about contract law in Turkey, the parties are free to determine the subject of the contract. However, the limits of this freedom are that the subject of the contract is not contrary to the mandatory rules of law, public order, general morality and personal rights according to contract law in Turkey. In case of violation of these limits, the contract will not be valid.
- The subject of the contract should not be impossible.
If one of the acts constituting the subject of the contract is objectively impossible at the time of conclusion of the contract, the contract is not valid. This impossibility may be a de facto impossibility or a legal impossibility.
- Mutual declarations of will must be healthy.
One of the factors that invalidate the contract is that the declarations of will are not healthy, in other words, the disability in the declarations of will. Statement that does not comply with the desire, statement for the purpose of joke, mistake, cheating are the situations that disable the statement of will.
- There should be no collusion.
According to contract law in Turkey; collusion is the agreement of the parties that the contract they make does not give rise to any provision or that the provisions of another contract than the apparent contract. Thus, although the parties seem to have made a contract against third parties, this contract does not reflect their real will. The collusion contract does not create any provision due to the collusion.
INVALIDITY OF THE CONTRACT ACCORDING TO TURKISH CONTRACT LAW
The invalidity of contracts covers all the deficiencies and defects in the contracts and the cases where the contracts are later ineffective.
In the absence of mutual and compatible declarations of intent constituting the founding elements of the contract, the contract cannot be valid and there is no contract. The absence of a contract can always be asserted by anyone involved.
A contract that is valid because its constituent elements exist; If it does not have the validity conditions that are of importance to the public order, the contract is void. The concept of nullity in Article 20 of the Turkish Code of Obligations; It is used for invalidity where the subject of the contract is impossible or contrary to law or morality.
The reasons that necessitate the nullity of a contract, the incompetence of the person making the declaration of will, the fact that the subject of the contract is contrary to the mandatory rules of law, public order, general morality and personal rights; non-compliance with the form conditions sought for the validity of the contract and the fact that the contract is collusive.
In such invalidity cases, on the one hand, it is possible to make the contractual relationship valid by eliminating the disability that affects the validity of the contract, and on the other hand, it is possible to invalidate the contract definitively due to disability. Cancellation capability; to the party protected by the missing validity condition; a right of cancellation has been granted to make the disabled contract null and void.
If a valid contract has to be completed with one or more elements in terms of being valid, the contract is incomplete. The term “lackness” is used for this invalidity state. In case of deficiencies, the contract is suspended. Either the lackness will be corrected and the contract will be valid, or it will be clear that the lackness cannot be corrected and the contract will become null and void under contract law in Turkey.
According to the Turkish Code of Obligations, in cases where the disability in a contract affects only a part of the contract, only that part of the contract is null and void. In order for partial invalidity to be enforced, the first condition is that the disability requiring invalidation affects only a part of the contract. If the disability affects the entire contract, partial invalidity cannot be applied.
HOW TO MAKE A CONTRACT IN TURKEY?
A contract is an agreement based on a specific legal arrangement between two or more parties, and these documents are of vital importance in ensuring trust and order in the business world. When creating a contract, the first step is usually to determine the mutual expectations and commitments of the parties. Then, provisions defining the scope, duration, and other essential elements of the contract are added. Contracts generally consist of three main sections: definitions and general provisions, the rights and obligations of the parties, and the conditions for termination of the contract.
How to Make a Contract in Turkey?
- Parties of the Contract: The first and most important step in the question of how to make a contract is identifying the parties. During the contract preparation stage, the parties must be clearly specified.
- Obligations of the Parties: The parties to the contract have assumed the specified fundamental obligations. The obligations stated in the contract express the mutual commitments of the parties.
- Applicable Legal Provisions: The provisions of the contract are subject to the Turkish Code of Obligations and other relevant legislative provisions. This determines the legal basis of the relationships between the parties.
- Form of the Contract: The contract is not subject to any specific form by law. It can be established in writing or orally and represents the agreement between the parties.
- Performance of Obligations: The parties will fulfill their obligations according to the specified conditions. The conditions of performance determine how the parties will meet their obligations.
- Place of Performance: The place of performance refers to a specific physical or legal location. This determines where the parties will fulfill their obligations.
- Penalty Clause: The parties may specify a penalty clause within the contract. The penalty clause should be reasonable and binding for both parties.
- Default Interest: The interest rate to be applied when the payment period is exceeded between the parties can be specified in the contract.
- Taxes and Other Expenses: Taxes and other expenses should be shared according to the rates determined between the parties and specified in the contract.
- Jurisdiction Agreement: Within the scope of the jurisdiction agreement, the court to be applied in case of possible disputes should be determined in the contract. This regulates how legal processes will be conducted.
- Disclaimer Agreement: The disclaimer agreement specifies that under certain conditions, the parties will not be responsible for each other.
- Confidentiality Agreement: The confidentiality agreement includes rules for keeping the information shared between the parties confidential.
- Evidence Agreement: Within the scope of the evidence agreement, the parties have determined the evidence to be used in possible disputes.
- Non-Assignment Agreement: The non-assignment agreement specifies that the rights under the contract cannot be transferred to a third party.
- Termination Regime: The termination regime of the contract is formulated according to specific conditions. In other words, the conditions under which the contract will terminate are specified in the contract.
- Non-Compete Clause: A provision related to a non-compete clause can be added to the contract. The parties may be obliged not to operate in a certain sector for a specified period.
POINTS TO CONSIDER WHEN DRAFTING A CONTRACT IN TURKEY
The points to consider when drafting a contract and the issues that often cause the most problems in practice are outlined below.
- Investigation of Signing Authority: Before signing the contract, investigating the signing authority of the other party is the first point to consider when drafting a contract. During this process, the trade registry gazette and signature circulars should be thoroughly examined, and their accuracy should be verified.
- Addition of Supplementary Documents: The signature circulars of the parties and the Trade Registry gazette should be added as appendices to the contract. Additionally, companies should not forget to use stamps, as this is an important legal detail.
- Notary Approval and Ease of Proof: Making contracts in front of a notary can provide ease of proof. However, except for those explicitly stated by law, it is not mandatory for contracts to be made at a notary.
- Preparation and Retention of Copies: A copy of the contract should be prepared for each party, and each party should have a copy. There should be no discrepancies among these copies.
- Signature and Stamping of Each Page: Each page of the contract should be separately signed and stamped by the parties. This shows that both parties have fully approved the document.
- Clear Expression of Obligations: The obligations of the parties should be clearly and understandably expressed in the contract. This helps prevent potential disputes.
- Numbers Written in Words: Numbers written in the contract should also be stated in words. This is important to prevent disputes and ensure clarity.
- Arrangement Under Headings: The contract should be arranged under various headings, and each topic should be addressed in detail.
- Guarantor or Collateral Provisions: Although not mandatory, it is recommended to have a guarantor or collateral in every contract. This can enhance the security of the parties.
- Preservation of Wet-Signed Copies: After signing the contract, the wet-signed copy should be securely preserved. Photocopies can be made, but the original copy should not be marked or altered.
- Freedom of Agreement: Once an agreement is reached between the parties, any detail not contrary to the law can be added to the contract.
- Principle of Exchange Rate Determination in Foreign Currency Transactions: In cases of monetary amounts and foreign currency transactions included in the contract, the exchange rate to be used if payment is not made in foreign currency should be determined in advance.
THINGS TO CONSIDER OF MAKING A LEGALLY BINDING CONTRACT
When making a legally binding contract , some important issues to consider are:
- Identity Information of the Parties: The correct and complete identity information of the parties to the contract should be written. These details are extremely important to making a legally binding contract.
- Purpose and Subject: The purpose and subject of the contract should be clearly and explicitly stated. This way, it is clearly understood what the contract was prepared for and what it is about.
- Terms and Conditions: To making a legally binding contract; the terms and conditions contained in the contract should be stated clearly and explicitly. The rights and responsibilities of the parties should be explained in detail under contract law in Turkey.
- Date and Duration: In order to making a legally binding contract; the start and end dates of the contract should be specified. The duration of the contract and when and how the parties can terminate it should also be specified.
- Price and Payment Conditions: In order to making a legally binding contract, the price and payment conditions of the contract should be clearly specified. Details such as payment dates and payment methods should be clearly expressed.
- Conducting the Business: The contract should specify how the business will be conducted, which obligations the parties will fulfill, and the delivery time of the work.
- Cancellation and Breach Situations: Cancellation and breach situations of the contract should be clearly expressed. Details such as when and how the parties can cancel the contract, and what will be done in breach situations should be specified.
- Legal and Juridical Issues: Attention should be paid to the legal and juridical issues of the contract. Details such as the legal rights of the parties, dispute resolution methods, and court jurisdiction should be clearly specified. This clause is very important to making a legally binding contract.
- Powers of the Parties: The powers of the parties should be clearly expressed in the contract. It should be specified in which situations and under which conditions the parties can exercise their powers.
- Confidentiality and Confidential Information: The contract should clearly specify the obligations of the parties regarding confidentiality and confidential information.
Although these are the main lines of making a legally binding contract, it may be necessary to make different arrangements in the contracts according to the subject of the contract and the special conditions of the parties.
Contracts prepared by paying attention to these points can help the smooth and orderly progress of the relationship between the parties. During the contract preparation process, special conditions can also be specified according to the needs of the parties. However, in this case, attention should be paid to the validity of the contract, compliance with the law, and equal rights of the parties.
DRAFTING OF INTERNATIONAL AGREEMENTS
International agreements are agreements between individuals and organizations operating in different countries. The preparation of such contracts is quite complex and the legal systems and cultural differences of different countries must be taken into account.
In international agreements, issues such as the language of the contract, jurisdiction, dispute resolution methods and fulfillment of the contract are important. International agreements are more complex and may require the support of an expert lawyer. In contracts made in any field, it is very important to determine the rights and obligations of the parties correctly and to evaluate the legality of the provisions in the contract.
In international agreements, it is necessary to take into account the different cultural, legal and linguistic differences of the parties. For this reason, careful work should be done during the preparation of international agreements. Subjects such as the language of the contract, jurisdiction, dispute resolution methods and fulfillment of the contract are important in terms of the results that the parties expect from the contract.
In addition, the number of contracts made over the internet and the digital world is increasing day by day. The preparation of such contracts is also of particular importance. The legal validity of contracts made over the Internet and the signing of contracts are constantly updated with the development of law in the digital world.
HOW TO PREPARE AN INTERNATIONAL CONTRACT?
International commercial contracts are agreements that carry legal binding between different countries. These contracts are prepared to regulate relationships between parties and establish specific rights and obligations.
How to prepare an international contract?
- Defining Goals and Objectives: The most important step in answering how to prepare an international contract is to clearly define the goals and objectives of the contract. The general scope of the contract is determined by considering the expectations and interests of the parties.
- Identification of Parties: The individuals and/or institutions that will be parties to the contract must be clearly identified. The rights and obligations of each party should be clearly stated.
- Definition of Terms: It is important to clearly define the terms used in the contract. This ensures that terms are understood in the same way by both parties and prevents translation errors.
- Determination of Provisions and Conditions: The rights and obligations between the parties should be detailed. Elements such as performance processes, payment terms, and penalties should be clearly expressed.
- Establishing Dispute Resolution Mechanisms: A pre-determined resolution mechanism should be established for disputes arising from the contract. This mechanism can include mediation, arbitration, or international courts.
- Effective Date and Duration: The effective date and duration of the contract should be determined. This regulates the commitment periods and validity conditions between the parties.
- Approval and Signature: The process of approving and signing the contract should be defined. This step ensures that the parties formally accept the contract.
- Legal Compliance and Approval: The contract must comply with the domestic laws of the parties. Each party must approve the contract in accordance with its domestic law, ensuring legal binding.
- Implementation and Monitoring: It is important to determine the necessary mechanisms for effective implementation and monitoring of the contract. This involves regularly checking the parties’ compliance with the contract.
- Updating and Revision: For long-term contracts, periodic updates and revisions should be considered to adapt to changing conditions.
The preparation of international commercial contracts plays a critical role in ensuring trust between parties and preventing disputes. Obtaining professional legal support and preparing a contract under the supervision of experts can strengthen cooperation between the parties.
POINTS TO CONSIDER IN INTERNATIONAL COMMERCIAL CONTRACTS
International commercial contracts aim to establish a common understanding between parties from different cultures and legal systems. However, preparing and executing such agreements can be complex. Key considerations for international contracts include:
- Clear Language Usage: One of the most important aspects to consider in international contracts is the choice of language used in the contract. The contract text should be written in clear and unambiguous language to prevent misunderstandings. Each term should be clearly defined, and care should be taken to minimize translation errors.
- Appropriate Legal Language and Terms: The contract should use a common language that allows the parties to understand the legal terms used. This is important for preventing disputes and facilitating the effective implementation of the contract.
- Equal Status of Parties: A fair balance of power should be maintained between the parties involved in the contract. An equitable negotiation process should be followed to protect the interests of both parties, and one party should not be allowed to unduly pressure the other.
- Compliance with International Law: The contract should comply with international law and be prepared in accordance with the parties’ national laws. This enhances the reliability of the contract and facilitates dispute resolution.
- Dispute Resolution Mechanisms: The contract should include an effective mechanism for resolving potential disputes. Methods such as arbitration and mediation should be specified, and their feasibility should be assessed by the parties.
- Exit Strategies: The parties should determine the exit strategies they will follow if they wish to terminate the contract. This is important for preventing disputes and regulating the process of contract termination.
- Risk Analysis and Obligation Definition: The parties should analyze the risks they might face under the contract in advance and determine appropriate measures to address these risks. Obligations should be clearly defined and understandable to both parties.
- Consideration of Cultural Factors: Building understanding between parties from different cultures involves considering language and communication differences. Cultural differences between parties can impact the effective implementation of the contract.
- Professional Legal Support: When preparing international commercial contracts, it is important for each party to seek professional support from their own legal experts. This ensures that legal details are addressed thoroughly and the parties’ rights are protected.
Preparing international commercial contracts requires careful analysis, clear communication, and expert legal knowledge. A well-crafted contract that protects the interests of both parties forms the basis of trust and cooperation between them. Therefore, paying attention to the above considerations in international contracts is crucial for safeguarding mutual interests, minimizing disputes, and ensuring effective implementation of the agreement.
HOW TO TERMINATE A CONTRACT IN TURKEY?
The conditions for the termination of a contract regulating a debt relationship can be shaped both by the terms set by the parties and by the reasons for termination prescribed by law. The reasons for the termination of a debt relationship are generally expressed as “termination by mutual agreement” (cancellation agreement), “withdrawal,” “termination,” “retraction,” and “nullification” in cases of error, fraud, or coercion.
In particular, termination of the contract and withdrawal from the contract represent two different situations of termination. In continuous performance contracts (such as service contracts, rental agreements, agency contracts, storage contracts, etc.), termination of the contract in Turkey is generally possible.
How to Terminate a Contract in Turkey?
Right to Withdraw from the Contract
Parties may specifically regulate the right to withdraw from a contract within the contract text itself. If no such regulation exists, the general provisions of the Turkish Code of Obligations can be used. In this case, the inability of the debtor to perform due to creditor fault (TBK Art. 106-110) and other situations where the debt cannot be performed due to the creditor (TBK Art. 111) are grounds for withdrawal from the contract.
Termination of Continuous Performance Contracts
In contracts involving continuous performance where performance has already begun, the right to withdraw is not applicable; instead, termination is possible (TBK Art. 126). However, if performance of a continuous performance contract has not yet begun, withdrawal can be retroactive.
Right of Withdrawal in Consumer Contracts
In consumer contracts, there is a special right of withdrawal granted to consumers. This right is defined as a specific withdrawal situation under the Turkish Consumer Protection Law (TKHK).
Termination Rights and Continuous Performance Contracts
In continuous performance contracts, the right of one party to unilaterally terminate the contract is known as termination. This situation is regulated by a general provision in TBK Art. 126. In contracts imposing obligations on both parties, the creditor has the right to terminate the contract in the case of debtor default. Additionally, if the continuation of the contract becomes unbearable for one party due to significant reasons, this is also a ground for termination.
Effects of Termination Notice and Irrevocability Principle
Since the right of termination creates a new legal situation, the termination notice takes effect as soon as it reaches the other party and cannot be revoked thereafter.
Distinction Between Ordinary and Extraordinary Termination
Termination can be classified as ordinary (with notice period) and extraordinary (immediate) based on whether a notice period is given. In ordinary termination, the contract ends after a certain period following the notice. In extraordinary termination, the contract ends immediately upon the notice reaching the other party. Unlike withdrawal, termination affects the contract going forward (ex nunc).
Obligations for Return After Termination
The obligations of the parties to return things to each other after termination are not a direct result of the termination but a consequence of the terminated contract. These obligations arise as a result of the termination and require the parties to return what they have received.
Preparing a contract is a labor-intensive and detail-oriented process. Clearly defining the rights and obligations of the parties is crucial to prevent potential disputes. Similarly, the process of terminating a contract requires great attention, and the consequences arising from this process are significant. A “termination strategy” should always be determined, and how this strategy will be applied should be clearly stated in the contract. Depending on how the contract is terminated (retroactively or prospectively), the dissolution of the contractual relationship should be addressed in detail. This approach will enhance transparency and fairness between the parties.
THE IMPORTANCE OF GETTING SUPPORT FROM A CONTRACT LAWYER IN TURKEY
The legal support of the contract lawyer in Turkey is very important in the making a legally binding contract. Contract lawyer in Turkey help to determine the rights and obligations of the parties correctly during the preparation of the contract. In addition, lawyers evaluate the legality of the provisions in the contract and whether they are qualified to protect the rights of the parties.
- Expertise in Legal Matters: As a lawyer is a lawyer specializing in contract law, he has the necessary knowledge and experience in legal matters in drafting the contract. Contract lawyer in Turkey can help the parties to determine the rights and obligations of the parties correctly and to evaluate their legality during the preparation of contracts.
- Prevention of Risks: Lawyers are aware of the risks that the parties may face during the preparation of contracts. Getting legal support from a contract lawyer in Turkey can help parties take steps to avoid risks.
- Assistance in Special Situations: During the preparation of contracts, the parties may have special circumstances or special needs. Special assistance provided by lawyers to the parties during the preparation of contracts can help to prepare the contract in accordance with the requirements of the parties.
- Protection of Relationships: Contracts made in the business world are extremely important in terms of protecting the relations between the parties.
- Proper use of legal terms: Contracts typically include complex legal terms and phrases. It is important for parties to fully understand the meaning of these terms and phrases and interpret them correctly. Contract lawyer in Turkey ensure that contracts are understood correctly between parties by explaining contract provisions in a way that parties can understand.
- Resolution of Disputes: The resolution of disputes that may arise between the parties during the preparation of contracts is also an important issue. Contract lawyer in Turkey can help to include provisions regarding the settlement of disputes during the preparation of the contract.
The accurate determination and application of the rights and obligations specified in contracts are crucial for the successful completion of contracts. Lawyers assist in the preparation and enforcement of contracts to protect the rights and obligations of the parties. Additionally, contract lawyer in Turkey ensure that the contract is valid and legal, and that the provisions contained in the contract comply with current laws.
As a result, contract regulation and contract law in Turkey are an indispensable part of business and commercial life. It plays an important role in resolving disputes between the parties and protecting the rights of the parties. Therefore, it is important to get the support of a contract lawyer in Turkey during the preparation of the contract and to work with a contract lawyer in Turkey who is an expert in international agreements for the preparation of the contract correctly and in accordance with the contract law in Turkey.
CONTRACT PREPARATION FEE IN TURKEY
The fee for preparing a contract in Turkey is generally determined based on the minimum tariff rates set for the legal profession. In Turkey, these rates are established by the Turkish Bar Association and published under the name “Minimum Attorney’s Fees Tariff.” These tariffs regulate the fees that attorneys can charge for their legal services.
Minimum attorney’s fees tariffs include scales for contract preparation fees based on factors such as the nature, complexity, duration, and other significant aspects of the service. During the contract preparation process, attorneys refer to these tariffs to request a fair and reasonable fee, which contributes to transparency and trust between the parties.