NEWS LETTER 2 0 1 0
74
If the authorization document to be submitted by the company which
made the application pursuant to article 2 of the Land Law numbered
2644 does not bear the statement “company with foreign capital”, then
the official deed will bear the statement, “the company purchasing the
immovable does not have foreign capital, otherwise, the company hereby
accepts and considers that the immovable will be subject to the liquidation
process pursuant to article 36 of the Land Law numbered 2644” and will
be signed by the parties.
In the Circular, it is stated that the circulars dated 20.11.2008, numbered
2008/18 and dated 02.12.2008, numbered 2008/21 have been annulled.