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Claiming Compensation for Positive Damages by Waiving the

Specific Performance

Pursuant to Art.125 TCO, the creditor may claim compensation for

damages incurred because of the non-performance of the obligation by

notifying immediately that he waives his right to claim the specific per-

formance of the obligation together with compensation for delay.

Where this optional right is used, the contract remains in force.

Therefore, the creditor shall still perform his obligation.

The condition of being at fault in the occurrence of the default is

also required as a condition in order to claim compensation for posi-

tive damages. The assumption of fault mentioned above also applies in

this respect.

The creditor shall immediately notify the obligor if he wishes to

exercise this option. In case the creditor does not notify at the end of

the allotted time, he is deemed to have waived this right and his only

remaining option is to claim the specific performance together with

compensation for delay.

Claiming a Compensation for Negative Damages by

Rescinding the Contract

In case the obligation is not performed within the time granted, the

creditor may rescind the contract and claim compensation for negative

damages, provided that he immediately notifies this fact to the obligor

at the end of the allotted time.

In case either of the parties has already performed his obligation,

this shall be returned as rescission from the contract is retroactive.

Although it is in dispute whether the return shall be realized based on

unjust enrichment or by being incongruent to the contract, the Turkish

Court of Cassation has favored the first view.

It is not required that the obligor is at fault for being in default in

order for the creditor to exercise the right to rescind the contract.

However, as for other compensations mentioned above, the fault of the

obligor is required as a condition for claiming compensation for nega-

tive damages, which is deemed to exist as a presumption.

LAW OF OBLIGATIONS

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