Revenue Sharing Construction Agreement
"What is the main advantage of revenue sharing models?"
Quick Answer
A contract model where the contractor develops and sells a project on the land with their own financing, and a certain percentage of the total revenue obtained is paid to the landowner.
Scope and Legal Distinctions
Revenue sharing allocates the income from a development between parties; it should not be confused with a land-share-for-construction exchange. Title, sales authority and risk allocation remain important.
What to Check in Practice
Define gross and net revenue, permitted deductions, accounting, sales approval, guarantees and project failure remedies; verify the required land and construction formalities.
Foreign Acquisition Rules
For foreign natural persons, Law No. 6302 removed the former reciprocity condition in 2012. Nationality eligibility, area and location restrictions still require review. Foreign legal entities and Turkish companies with foreign investment have distinct acquisition rules under Land Registry Law Articles 35 and 36.
Sources & Authorities
Statutory framework and official guidance for this definition.
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