While membership fees have been one of the most complained issues by those living in apartments and sites in recent years, the new law on the subject was published in the Official Gazette and came into force. With the new regulation, the unilateral and unlimited budget determination authority of managers has been limited. It was also learned that the final decision regarding fee increases will belong to the flat owners.
In this context, managers; will be able to prepare a temporary business project that will include an increase of up to the revaluation rate over the previous budget for personnel salaries, invoices and similar mandatory expenses and will be valid for only 90 days. At the end of the period or in case of raise requests exceeding the revaluation rate, the flat owners’ board will need to meet and approve the budget. MAJORITY HAS BEEN REDUCED TO TWO-THIRDS In addition, with the new regulation, the four-fifths majority requirement for management plan changes in collective structures has been reduced to two-thirds in order to speed up the decision-making processes.
Experts stated that this change will prevent arbitrary operating budget practices, increase transparency and minimize disputes. HIGH DUES PERIOD HAS ENDED According to Cumhuriyet news, Real Estate Law Association President Ali Güvenç Kiraz emphasized that with the new regulation, the period of administrations preparing unlimited budgets and condemning tenants to high dues will end. Kiraz stated that the operating budget prepared by the managers will be valid only for 90 days, that the raise rate cannot exceed the revaluation rate during this period, and that the general assembly must be held.
Kiraz used the following statements in his statement: “Situations that are considered to be the control of some sites by malicious people, which have caused important discussions in site and apartment managements for many years and have come to the fore with allegations of corruption from time to time, will be prevented.”
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