Real property law

The Council of Ministers approved a draft Law on Amendments and Supplements to the Law on Cadastre and Land Registry. It provides for the provision of full digitization of the property register maintained by the Registration Agency, by creating electronic batches of real estate and electronic batch files with the registered acts and the documents attached to them.

Red loan management companies are looking for ways to break out of the impasse in the execution of foreclosure auctions, after the government's refusal to resolve the issue by interpreting the existing law.

More and more landlords and tenants engage in legal battles to settle disputes over rent hikes, keeping the country's courts busy.

Rent prices and huge rent hikes demanded by landlords have been some of the hotly debated issues over the past months, which prompted the government to introduce a regulation restricting rent increases to 25 percent.

The bill is in the pipeline and is expected to be tabled in Parliament in September. Under the new bill, the government plans to give legal title deeds to about 90,000 State properties that have been encroached upon by private individuals in recent decades.

Landlords who seek lucrative income by leasing out their properties particularly to foreigners at excessive rental prices are now facing problems as new tenants either fail to pay rents or leave the flat before the contract expires.

With a temporary clause to be added to existing law, rent price hikes will be limited to 25 percent, Justice Minister Bekir Bozdağ has said.

The government has been working on a solution to curb exorbitant rent increases, especially in the country's large cities, such as Istanbul, Ankara and İzmir.

Within the framework of a regulation that Turkey's Environment, Urbanization and Climate Change Ministry, the Justice Ministry and the Treasury and Finance Ministry are working on to solve soaring rent prices, the production of social housing will be increased, housing costs will be reduced and new steps will be taken to enable citizens to purchase houses affordably.

Holidaymakers are already searching for summer houses to spend their vacation in Turkey's coastal towns but only to find that rent prices have skyrocketed.

On average, the rent of an apartment in the tourist hotspot Bodrum, on the Aegean coast, is now around 30,000 Turkish Liras ($2,000), while prices for luxury units can go up to between 100,000 and 250,000 euros.

As the prices of renting a flat in Turkey have exploded, leaving house-hunters and students in particular in a state of turmoil, lawyers have warned against landlords asking tenants for an interim raise even though they are entitled to a one-year raise.

The rapid increase in rental prices due to limited supply and excessive demand in the market

For companies in Slovenia, making informed decisions about their office space is a difficult task. Typically, there are no estate managers in Slovenian companies, and the job normally goes to someone ill-equipped with little relevant experience, who struggles to make the right decision.