What Is a Title-Deed Timeshare? Legal Framework and Your Rights

What the law says (Condominium Law No. 634, Art. 57–65)

• Definition (Art. 57): The right is created as an easement attached to a co-ownership share and gives use of the building during set periods of the year.
• Where it can be created (Art. 58): Only in residential buildings under condominium ownership or a condominium easement, or in detached buildings. Unless the deed states otherwise, shares are equal, based on the number and length of the periods.
• Transfer and inheritance (Art. 58): The right can be transferred with its share and passes to heirs.
• Minimum period (Art. 59): Periods are set within the year and cannot be shorter than 7 days (reduced from 15 days in 2022). Unless the contract says otherwise, the owner may let others use the period.
• Registration (Art. 60–61): The right is noted in the declarations section of the land register and on the title deed. The timeshare contract, covering period length, use, the manager, the major-repair period and maintenance costs, is attached to the official deed.
• Management (Art. 61): The co-owners appoint a manager.
• No partition (Art. 63): Unless the contract says otherwise, co-owners cannot demand partition of the co-owned property.
• End of period (Art. 64): Owners must vacate at the end of their period and hand over to the next owner.
• Other matters (Art. 65): The Turkish Civil Code applies where the law, the contract or the management plan is silent.

Your rights as a consumer (Law No. 6502 Art. 50 and the Timeshare Regulation)

Contracts that grant a title-deed timeshare right also fall under the timeshare provisions of the Consumer Protection Law:

• Pre-contract information: A written pre-contract information form must be given at least one day before the contract (Law Art. 50/4; Regulation Art. 5).
• Form of contract: Except in distance sales, the consumer writes the contract date by hand and signs, and receives a copy (Art. 50/5; Regulation Art. 6).
• 14-day withdrawal: The consumer may withdraw within 14 days without giving a reason or paying a penalty (Art. 50/6; Regulation Art. 7). For title-deed timeshare contracts, notice is sent through a notary (Regulation Art. 8/1).
• No payment during the withdrawal period: No payment or debt instrument may be requested before the withdrawal period ends, and any amount taken must be refunded at once (Art. 50/6; Regulation Art. 9/1). After withdrawal, refunds are due within 14 days of the seller receiving the notice (Regulation Art. 9/3).
• Who may sell: Only holders of a real right in the property may sell. Timeshare rights may not be granted through membership of a cooperative, company, association or foundation (Art. 50/2).
• Prepaid contracts banned: Prepaid timeshare contracts, including those granting a title-deed timeshare right, may not be made with consumers (Art. 50/8; Regulation Art. 4/A).

Title-deed timeshare vs contractual timeshare vs hotel

Checklist before you buy

• Did you receive the pre-contract information form at least one day before signing?
• Does the declarations section of the land register show the title-deed timeshare right and your period?
• Does the timeshare contract cover the period length, use, the manager, maintenance costs and the major-repair period?
• Were you given the withdrawal form? Were you asked to pay during the withdrawal period?
• Were the annual dues and title-deed costs set out in writing?
• Were the project's current stage and delivery schedule given to you in writing?

Title-deed timeshare at Tor Thermal

At Tor Thermal, the share for a specific usage period of your apartment is registered on the title deed in your name, and you use the apartment during that period every year. The dates each period covers, the project's current stage and target delivery schedule, and the scope of annual dues and services are shared in writing before purchase. Extra costs and payment: FAQ. Apartment types: Listing.

Frequently asked questions

Sources

The information on this page is based on the public bodies and sources below.

1. Condominium Law No. 634, Art. 57–65
2. Consumer Protection Law No. 6502, Art. 50
3. Timeshare and Long-Term Holiday Product Contracts Regulation

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