What is a Lease Agreement?
In accordance with Article 229 of the TCO (Turkish Code of Obligations);
A lease agreement (contract) is a contract whereby the lessor undertakes to leave the use of a thing or the benefit thereof to the lessee, and the lessee undertakes to pay the agreed rent in return.
Information such as the rent, the duration of the lease agreement, and rent increase rates are included in the contract. Lease agreements may be signed in the presence of a notary public.