Contract Termination
"What are the grounds for contract termination under Turkish law?"
Quick Answer
Contracts may be terminated for breach, impossibility, mutual agreement, or as per termination clauses. Notice requirements and consequences vary by contract type.
Scope and Legal Distinctions
Termination for breach, expiry, agreed cancellation and withdrawal are different routes. Their grounds, notice requirements and effects on accrued rights should be assessed separately.
What to Check in Practice
Preserve the contract, amendments, default notices, cure periods and delivery proof; review repayment, damages and surviving obligations before sending notice.
Sources & Authorities
Statutory framework and official guidance for this definition.
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