Contracts

Contracts and case law regulate the scope of contracts between parties. However, the specifics of each contract must be carefully arranged, including: matter governed by the contract, scope of agreement, responsibilities of parties, application of the contract and the rights of the parties in case of a dispute. A well-prepared contract is the greatest factor in achieving the resolution of disputes without a court case.

Gürkan & Gürkan Advocates and Legal Advisers, as a pioneer and leader in contract law in Northern Cyprus, provides both domestic and international services, aided by its extensive experience in the field. Some of the services we provide, relating to contract law are:

Partnership Agreements (JV)
Agreements for the purchase and sale of goods
Employment contracts
Rental contracts
Agency contracts
Consulting and service contracts
Know-how contracts
Franchise contracts
Hotel management contracts
Real estate development contracts
Contracts governing the barter of goods in exchange of real estate
Mass residential and building management contracts
Lease sale contracts
Drafting bonds in customary form and ordinary bond agreements
Court cases relating to bad checks and bonds
Services relating to negotiations prior to contract signing and the preparation of letter-of-intent documents

Our Firm also aims to provide the speediest possible service to its clients for the resolution of disputes arising from contracts. Gürkan & Gürkan Advocates and Legal Advisers, with its expert team that also utilizes alternative dispute resolution methods, provides result-focused, speedy and efficient legal services to its clients.

While we often utilize alternative dispute resolution methods and out-of-court settlements, our expert team turns to these solutions, not as an alternative to the courts, but rather as a complimentary element to the court system. When providing legal services, our expert team uses these tools to provide the best tradeoff to its clients between risk and gain.

FREQUENTLY ASKED QUESTIONS

What does registration of contract means ? Registration of contract means the registration of the contract of sale in the Land Registry Office.
Can the terms of the already executed contract of sale be amended? Subject to the mutual consensus of the purchaser and the seller, all terms of a contract of sale can be amended even after its execution.
If I die, how can my heirs benefit from the properties I own on Contract? In case of death, a probate will be set up for management of your assets and these assets will include the properties you own on Contract. If you like, you can draft a will to arrange the distribution of your assets.
What is an assignment contract? An assignment contract allows the original buyer on Contract to sell and/or assign their rights with respect to sale of a property.
Can I sell a property I purchased with a Contract of Sale without having the title deed registered to my name? Yes you can sell your property even if the title deed is not in your name but you are only holding a registered Contract of Sale.
How does a registered contract of sale protect my property rights? A registered contract is the first proof of ownership. It shows that you own that particular property when someone goes and looks up for ownership of properties at the respective Land Registry office. You can also apply for temporary residency with your registered contract.
When I buy from an off-plan project, how can I be sure that they will build what they show? All details of the project will be added to your contract, such as the floor plans of your respective property.
How are my rights protected if the Vendor goes bankrupt? Having a registered contract lodged at the Land Registry gives you priority to receive what is owed to you or what should be refunded to you with priority. This way, you will have priority over the assets of the company against other creditors.
How can I know whether the Vendor owns the property they are selling and has a right to sell? The title deed of the Vendor will be attached as an integral part of your Contract of Sale, showing the ownership of the property.
What should I do if the tenant does not vacate the house despite the eviction order? The eviction decision is a Court decision. If the tenant does not vacate the house despite this decision, you should apply for enforcement through the Court.
In what circumstances can I evict the tenant from the house? These conditions are regulated by law, and it is not possible for a landlord to evict the tenant except under these specified conditions such as: the failure of the tenant to pay the rent...
What should I do if the tenant vacates the house without paying the bills? When renting your home, you must ensure to have the tenant assume the subscriptions required for bill payments such as electricity and water. In case the tenant appears to have moved out of a property without notice...
After the Lease Contract expires, can I change the locks without an eviction order from the Court? No. Because, even if the lease contract has expired, the tenant cannot be prevented from entering or be forced to leave the place rented under the contract without an eviction order from the Court.
When may the tenant be evicted? If the tenant does not pay the rent to be paid within 7 days from the date of payment or make a legal payment offer, an eviction action may be filed.
My tenant does not pay their rent, what can I do? If the rent to be paid is not paid within one week from the last day of payment or not offered to be paid, an action of debt or, if desired and by the required notifications, an eviction action may be filed.
What can I do if a Contract is violated? When a contract is violated, the party that suffers from such a violation is entitled to compensation from the violating party for any losses or damages incurred as a result of the violation of the contract or those that naturally arise from the ordinary course of the issue or event, or which the parties know is likely to be the result of the violation.
Can I sell my immovable property before I have the permission of the Council of Ministers? This is subject to the terms of your Sales Contract and is only possible in case of a condition in your Sales Contract that allows you to sell your immovable property
How much is the stamp duty? Where is the stamp duty paid to? The stamp duty is paid at the rate of 0.5% on the amount written in the contract. Payment is made to the Revenue and Tax Office...
What kind of assurance does the registration of sales contracts provide to buyers? After the sales contracts are signed, they are registered in the Land Registry Office the immovable property is located in. The registration must be made no later...

All Frequently Asked Questions

PUBLICATIONS

Breach of Contract

In this article, we will examine the contract, the terms which the legislator is looking for in order for the contract to be a valid contract, and most importantly, what consequences the parties will face if they violate the contract they have signed.

All Publications

Trustworthy knowledge. Longstanding experience.

Contracts