Turkish Law in EnglishTÜRKİYE
Turkish Civil Code (Law No. 4721)

Article 899: II. Valuation

Book Four: LAW OF PROPERTY › Part Two: LIMITED RIGHTS IN REM › Chapter Two: CHARGES ON IMMOVABLE PROPERTY › Division Three: MORTGAGE NOTE AND ANNUITY NOTE A. Mortgage note

For the creation of a charge by way of a mortgage note, the immovable shall be officially valued by the land registry office.

A charge by way of a mortgage note may not be created for an amount exceeding the assessed value.

Original Turkish text

MADDE 899 · II. Değer biçilmesi

İpotekli borç senedi yoluyla rehin kurulması için tapu idaresince taşınmaza resmen değer biçilir.

Biçilmiş değeri aşan miktar için ipotekli borç senedi yoluyla rehin kurulamaz.

Text as of 1 October 2026 · Official source (Turkish): mevzuat.gov.tr ↗

Unofficial translation for information only. The Turkish text published in the Official Gazette is the only authoritative version. This page is not legal advice.