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A Comparison of the Construction Contract of Flat for Land with Similar Contracts

Author

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  • Engin BAHADIR

Abstract

A construction contract of flat for land is described as ”The landowner guarentees to transfer the ownership of certain shares of the land to the contractor in return for the delivery of the independent sections of the building to be constructed on the land by the contractor.“ This type of contract is anonymous, atypical because there is no contract regulated by law; since the actions that the parties need to perform belong to different legal types of contracts, it is a double type and mixed contract. As a rule, it creates an immediate debt relationship. As the landowner is in debt because of transferring the share of the land in return to the debts of the contractor arisen from construction to be built, the contract means to load the debt to both sides. In fact, the construction contract of flat for land with these properties incorporates important differences that distinguish itself from many similar contracts. Nevertheless, revealing these differences is important to see in a precise way the legal nature and position of the contract. Therefore, the construction contract of flat for land is examined by comparing with similar contracts.

Suggested Citation

  • Engin BAHADIR, 2019. "A Comparison of the Construction Contract of Flat for Land with Similar Contracts," Fiscaoeconomia, Tubitak Ulakbim JournalPark (Dergipark), issue 1.
    • Handle: RePEc:fis:journl:190107
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    File URL: http://dergipark.gov.tr/download/article-file/633628
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    More about this item

    Keywords

    Construction for Flat for Land; Similar Contracts; Landowner; Contractor; Comparison;
    All these keywords.

    JEL classification:

    • K10 - Law and Economics - - Basic Areas of Law - - - General (Constitutional Law)
    • K20 - Law and Economics - - Regulation and Business Law - - - General
    • K25 - Law and Economics - - Regulation and Business Law - - - Real Estate Law

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