Attorneys warn of unlawful rental worth hikes

Gülistan Alagöz – ISTANBUL

As condo rental costs in Turkey have skyrocketed, leaving home hunters and particularly college students in turmoil, legal professionals have warned landlords to ask tenants for a short lived improve even when they’ve proper to a one-year increase.

The fast improve in rental costs as a result of restricted provide and extreme demand available in the market

The restricted provide and extreme demand available in the market has triggered rental costs to rise quickly, placing not solely these searching for a brand new house but in addition those that are already renters in a tough place in comparison with house owners.

A number of the landlords who have been unwilling to just accept the value agreed and paid by their present tenant within the face of rising rents started to demand a brand new worth despite the fact that they might legally improve the lease solely yearly.

One instance of this illicit demand was seen in a gated neighborhood in Istanbul, the place an proprietor of greater than 100 flats on web site requested all of his tenants for an interim improve by way of WhatsApp.

“We’re asking for a further 18% improve as a result of improve in the true property market and the truth that our rents are low in comparison with their friends,” stated in a textual content message despatched by way of the Prompt On-line Communication app.

When tenants, who had already obtained a rise in the course of the contract renewal interval, objected to the second improve request on the grounds that it was unlawful, the owner threatened to take authorized motion in opposition to them.

“The earlier request has been withdrawn. A lawsuit for the willpower of the lease will probably be filed for tenants who’ve accomplished 5 years, ”the brand new put up stated.

Istanbul-based lawyer Hikmet Güngör known as on tenants to not settle for such requests and to signal any further protocols.

“The speed of improve to be made can not exceed the 12-month common of the CPI. An proprietor can not demand a 30-40% improve, ”Güngör added.

Ali Güvenç Kiraz, president of the Actual Property Legislation Affiliation, stated landlords who want to take authorized motion to find out the lease on the grounds that they discover the present lease to be low may not get what they’re searching for. ‘have been ready.

“It needs to be borne in thoughts that this enterprise lasted two or two and a half years with the enchantment,” Kiraz stated, including that he would suggest such a call if there was a giant distinction between the present worth and the specified worth.

Housing rents rose 80% in Istanbul and 52% in Ankara within the final 12 months alone, in line with knowledge from actual property appraisal platform Endeksa.

Rents rose to a most of 121% in Istanbul and 76% in Ankara in sure particular districts of those two provinces.

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