All PostsNews ScanTravel

New Regulation Published in Official Gazette: One-Sided Excessive Apartment Fee Hikes in Turkey Restricted

"Share this post on social media, spread the news"
NEW-HOUSES-REAL-ESTATE-TURKEY

New Rules Introduced for Apartment and Residential Site Fees

A new amendment published in the Official Gazette of the Republic of Turkey has officially changed how apartment and residential site maintenance fees are determined in Turkey.

Under the updated regulation to the Condominium Ownership Law, site managements will no longer be able to impose high maintenance fee increases without approval from apartment owners through a general assembly meeting.

The new regulation entered into force on May 22, 2026.

Temporary Budgets Will Be Introduced

According to the new system, site and apartment managements will first prepare a temporary operating budget.

This temporary budget must then be submitted to the apartment owners’ assembly within a maximum of three months. During the meeting, the proposed budget can either be approved as it is or revised before approval.

The main goal of the regulation is to prevent managers from setting excessively high maintenance fees in buildings or residential complexes where general assembly meetings are not regularly held.

Two-Thirds Majority Required for Approval

The proposed operating budget will now require approval from two-thirds of apartment owners in order to take effect.

If the proposal is rejected, site management will have to prepare a new budget proposal within another three-month period.

During this temporary process, maintenance fees can only be increased up to the official revaluation rate announced for the previous year.

Authorities say the move is designed to reduce uncertainty and limit sudden or arbitrary fee increases.

The Regulation Does Not Set a Permanent Fee Cap

Officials also clarified that the amendment does not mean maintenance fees can never rise above the revaluation rate.

Apartment owners will still have the authority to approve higher increases if additional investments, repairs, or shared expenses are considered necessary.

The key objective of the law is not to freeze fees entirely, but to prevent unilateral decisions by site managers without the consent of property owners.

What Changed in the Law?

The amendment modifies Article 37 of Turkey’s Condominium Ownership Law No. 634.

The new provision states that operating budgets must be approved by the apartment owners’ general assembly. If no approved operating budget exists, management must immediately prepare a temporary budget that will remain valid until official approval is obtained within three months.

The regulation further states that any temporary budget cannot exceed the previous operating budget amount by more than the officially announced revaluation rate.

#Turkey #Aidat #ApartmentFees #SiteManagement #TurkeyNews #OfficialGazette #CondominiumLaw #ResidentialFees #TurkeyEconomy #PropertyOwners #ApartmentLiving #TurkeyRegulations #HousingTurkey #AidatZammi

Viideo of Maritza and boats