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

Article 904: II. Limit of liability

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

The amount of the claim in annuity certificates may not exceed, for agricultural land, three fifths of the income value of the land and, for other immovables, three fifths of the average of the income value of the immovable and the values of the building and the plot.

Valuations shall be made officially by the land registry administration.

Original Turkish text

MADDE 904 · II. Sorumluluğun sınırı

İrat senetlerindeki alacak miktarı, tarım arazisinde arazinin gelir değerinin, diğer taşınmazlarda taşınmazın gelir değeri ile bina ve arsa değerleri ortalamasının beşte üçünü aşamaz.

Değerlendirmeler tapu idaresince resmen yapılır.

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.