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

Article 938: c. Allocation of repayments

Book Four: LAW OF PROPERTY › Part Two: LIMITED RIGHTS IN REM › Chapter Two: CHARGES ON IMMOVABLE PROPERTY › Division Four: LOAN CERTIFICATES SECURED BY A PLEDGE OF IMMOVABLES

Sums obtained in place of the pledged immovables shall be used for the payment of the certificates to be determined in the first drawing by lot.

Original Turkish text

MADDE 938 · c. Geri ödemelerin özgülenmesi

Rehinli taşınmazlar yerine elde edilen paralar, ilk kur'a çekiminde belli olacak senetlerin ödenmesinde kullanılır.

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.