If a debt or any obligation to one of the parties must be fulfilled at the end of a certain period starting from the establishment of the contract, the time of execution is determined as follows: 1. The period set as a day shall expire on the last day of this period, not counting the day on which the contract is established. If it is a period set as eight or fifteen days, it refers to the full eight or fifteen days, not one or two weeks. 2. The period set as a week expires on the day of the last week that matches the date of the contract’s establishment by name. 3. A period determined as a month or as a time containing multiple months, such as a year, semester, and quarter of the year, expires on the day of the last month that corresponds to it, if the date of the contract is the second day of the month. If there are no days in the last month that meet this, the period is considered to have expired on the last day of this month. 4. Fifteen days from half a month is clear. The day on which the period set as one or more months and half months expires is determined by adding fifteen days to the last month. These rules also apply in cases where the period begins to process from another moment of the establishment of the contract. The borrower is obliged to fulfill a debt that must be fulfilled within a certain period of time before the expiration of this period.
Related Posts
TERMINATION OF ORDINARY PARTNERSHIP
… TO BE A JUDGE OF THE COURT OF FIRST INSTANCE prosecutor : address : attorney : address : DEFENDANT : ADDRESS : SUBJECT : It consists of a request for termination and liquidation of the Ordinary Partnership. DESCRIPTIONS 1- My client’s inheritor An ordinary partnership agreement has been established between the defendant and the […]
PENALTY CONDITIONS AND TYPES
Penal Clause: If the parties do not comply with the terms of the contract at all or do not comply properly, if they have decided that the non-compliance party will pay a certain amount of money, a penal clause is mentioned. Unlike compensation, there is no need for the damage to occur in the penal […]
THEORIES REGARDING THE LEGAL QUALITY OF PERFORMANCE
Contract Theory: Performance is a contract in terms of its legal nature. The practical consequence of this view is that the person performing must have contractual capacity. As a rule, it must be fully licensed. A person who is not fully qualified will not be able to perform the debt. 2- Material Verb Theory: Performance […]
CONTRACT AND LEGAL NATURE OF CARE UNTIL DEATH
Agreement on caring until death 611 of the Turkish Code of Obligations. under Edit in the article has been taken. That is to say; “A care contract until death is a contract in which the care debtor undertakes to look and look after the care creditor until death, and the care creditor undertakes to transfer […]
TERMINATION OF LEASE AGREEMENT AND EVICTION
Due To Termination Of Contract Eviction case: can be opened with the expiration of the period. If a period has been set between the parties decisively or implicitly, the lease agreement shall terminate by itself at the end of this period. If the parties maintain the lease relationship without an explicit agreement in this case, […]
