A Q&A guide to contract formation and enforcement in Turkey.
The Q&A gives a high-level overview of key legal concepts, including contract formation with general discussions as to authority, formal legal requirements, formalities for execution, the requirements for deeds and notarisation, powers of attorney, and virtual closing and completion meetings. It also considers the different types of contractual terms, variation, assignment and waiver of contracts, enforcement and remedies, and cross-border issues.