Head Of The Istanbul Chamber Of Real Estate Brokers: Everyone Will Be Sued
HEAD OF THE ISTANBUL CHAMBER OF REAL ESTATE BROKERS: EVERYONE WILL BE SUED
The number of homeowners in Turkey who have gone down the path of removing their current tenant in order to rent out their home for a higher amount has increased. "Looking at the current situation, we foresee that the courts will be locked down, that everyone will be suing each other," said, President of the Istanbul Chamber of Real Estate Brokers.
The Turkish citizen is in trouble with the landlord, who wants to sue him after high rental prices.
TurkishClassified.com speaking to the Istanbul Chamber of Real Estate Brokers, noting that the number of Turkish homeowners who are going down the path of removing their current tenants in order to rent their home to a higher amount is increasing, said that there will be an explosion in detection or eviction cases that have begun to be opened to tenants.
”In the coming days, the lawsuits filed by landlords against their tenants in Turkey will increase even more,“ said ”Looking at the current situation, we anticipate that the Turkish courts will be mass, that everyone will sue each other," he said.
THE TIME REQUIRED TO FILE A LAWSUIT SHOULD BE EXTENDED
According to the information provided, the Turkish landlord has the right to request a rent in accordance with the conditions of the day at the end of 5 years. In addition, the landlord has at the end of the 10. year, he has the right to file for eviction without any reason.
Further, who suggested that the period of opening a detection case to prevent victimization should be increased from 5 years to 7-8 years; the duration of evacuation cases should also be increased to over 10 years, said: “Doing this looks at a decree. In order for the citizen not to become a victim, the necessary periods for opening these cases should be extended,” he said.
In addition, there should be an improvement in the annual rent increases determined according to CPI, was said.
HE CAN'T GET IT OUT WITHOUT SENDING A NOTIFICATION
However, a Turkish citizen who lives on rent in Turkey also has rights. In this context, the Turkish owner needs to send a notification to the tenant he wants to issue a month before the lease expires.
Turkish iClassified, who informs that the lease contract is automatically extended for another year if this notification is not received by the tenant 30 days in advance.
Also pointed out that, although the notification arrived on time, the Turkish owner should sue for a justified reason, “If the owner in Turkey files a lawsuit saying ‘I will sit by myself’ and wins the case, but does not live in that apartment, if it is determined, he has to keep the house empty for 3 years. If he gave it to someone else, he is obliged to reimburse you for your rented house in Turkey. But the tenant who issued them must identify them. There is such a deficit,” was said.
SOME OWNERS HAVE STARTED ASKING FOR COMMISSIONS
In addition, some owners in Turkey who advertised themselves on the Internet began to ask for a commission as well as the deposit they received from the tenant.
”The opportunism of the owners is at a stage,“ said, "Some tenants come and say that the owners say to them, ’Give me the one-month commission that you gave to the Turkey realtor’. Or the landlords come to us directly and ask for half of the commission," was said.
DEMAND HAS INCREASED, BUT THERE ARE NO HOUSES
On the other hand, the citizen is caught between the rising rental prices and the decadence of the rental housing supply. Those who have to keep a house at a high price, albeit temporarily, cannot rent it due to the small number of rental houses.
The annual increase in rental house prices was 34.6 percent nationwide in August, exceeding 60 percent in some provinces, while the number of rental ads decreased by about 50 percent year-on-year.
“If they are reasonably priced, maybe you won't even see one ad,” said, president of the Istanbul Chamber of Real Estate Brokers, noting that most of the houses that are currently advertised for rent are high-priced.”
“There are no houses for rent. "Last year, every real estate agent had 15-20 keys in his hand, no customers could be found. This year, there are 15-20 clients on the doorstep of each realtor, there are no houses,” he said.
IN AN INSTANT, 100 THOUSAND FAMILIES STARTED LOOKING FOR HOMES
According to Aşa, one of the main reasons why there are no rental houses in Istanbul is urban transformation.
“We have entered a rapid urban transformation. In an instant, almost 100 thousand households began to look for homes. about 110 thousand buildings were destroyed, “Aşa said.” Then, when the face-to-face training started, the demand increased when the students came, too, " he said.
Apartments for lease, this problem is solved only by the state and encouraged the construction of buildings and facilities be converted into temporary dwellings to be idle albeit suggested.
THE PRICE INCREASED WHEN THE SUPPLY ENDED
Speaking to Turkish iClassified Real Estate Valuation General Manager, while all this is happening, the lack of new real estate production is also a trigger, he said.
"The supply is over on the market. The price increased when the supply ended. The production of new real estate has also decreased. This, in turn, leads to a price increase,” was said.
“And we have a fact like inflation.” People are no longer buying a new Turkey house for investment purposes,“ who said that investments have been made in different financial instruments instead of Turkey real estate. This is an important factor in the decrease in the number of houses in Turkey to be rented.