The Property Ownership Law (KMK) is the law numbered 634, which was accepted on 23 June 1965 and came into force on 2 January 1966. This law regulates the rights and obligations of people living in apartments in Turkey. KMK contains provisions on many issues, from the establishment of condominiums to their management, from the use of independent sections to the management of common areas.
What is Condominium Ownership?
Condominium ownership is an independent ownership right established by the owner or co-owners of that real estate over the parts of a completed building such as floors, flats, business offices, shops, stores, cellars and warehouses that can be used separately and independently.
Topics covered by KMK:
• Establishment and registration of condominium ownership
• Use of independent sections
• Management of common areas
• Board of flat owners
• Executive
• Dues
• Cases regarding condominium ownership
Importance of KMK:
KMK is an important law that regulates the rights and obligations of people living in apartments. Thanks to this law, people living in apartments can live more orderly and peacefully. KMK also regulates the relations between people living in apartments.
Changes of KMK:
KMK has undergone various changes over time. The last change was made by law number 7332 on 13.07.2021. With this amendment, many new articles were added to the KMK and some articles were changed.
More Information About KMK:
To learn more about KMK, you can refer to the following resources:
• General Directorate of Land Registry and Cadastre: URL General Directorate of Land Registry and Cadastre
• Condominium Ownership Law: URL Condominium Ownership Law
• Condominium Ownership Law Regulation: URL Condominium Ownership Law Regulation
• [Consulting lawyers] Effect of KMK on Our Daily Life:
KMK is a law that affects the daily life of people living in apartments. This law is very important for people living in apartments as it determines the rights and obligations of people living in apartments. Knowing and applying KMK will contribute to a more peaceful living environment in apartments.
Frequently Asked Questions About KMK:
• How is condominium established?
• How to use independent sections?
• How are common areas managed?
• What is the flat owners’ board?
• Who is chosen as the manager?
• How much dues are paid?
• Where are cases regarding condominium ownership heard?
You can find the answers to these questions in the text of KMK or in books and articles written about KMK.