THE PROBLEM OF SHARING COMMON EXPENSES IN FLAT OWNERSHIP
No Thumbnail Available
Date
2021
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Open Access Color
OpenAIRE Downloads
OpenAIRE Views
Abstract
One of the fundamental obligations of the flat owners under the flat ownership regi-me is contribution to the common expenses of the main immovable. Because flaw owners' contributions to the common expenses are essential for maintaining an efficient flat owners-hip regime. In this regard, lawmaker brought a nonbinding stipulation under KMK Art. 20/I (Turkish Code of Flat Ownership). Because of its nonbinding nature, the flat owners can always conduct agreements contrary to this regulation. In the practice, the flat owners often stipulate the way of sharing of common expenses in administration plan or regulate this matter by taking decisions in the board of flat owners. However, in the event that flat owners cannot reach an agreement upon sharing of common expenses, the mechanism put forward in KMK Art. 20/I is quite far from satisfying todays needs. In this study, KMK Art. 20/I (subparagraphs a,b and c) will be examined. Furthermore we will present our opinions regarding the kind of agreements that should be made by flat owners if they wish to go beyond Art. 20/I of KMK.
Description
Keywords
Turkish CoHE Thesis Center URL
Fields of Science
Citation
WoS Q
N/A
Scopus Q
N/A
Source
Yeditepe Üniversitesi Hukuk Fakültesi Dergisi
Volume
18
Issue
2
Start Page
861
End Page
873