February 10, 2025

Rental Agreement in Turkish Lira but Owner Wants USD: Is It Problematic?

Turkey’s real estate market has become increasingly attractive to both locals and foreigners, thanks to its booming economy, stunning landscapes, and affordable living costs. However, navigating rental agreements can sometimes be tricky, especially when currency preferences come into play. A common issue arises when a rental agreement is drafted in Turkish Lira (TRY), but the property owner insists on...

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