Unilaterally Termination of the Mandate Agreement as Per Article 512 of the Turkish Code of Obligations
One reason to end a mandate agreement involves the unilateral termination procedure regulated under Article 512 of the Turkish Code of Obligations (TCO). According to this provision, the mandatee and mandator are entitled to unilaterally terminate a mandate agreement without need to propound upon a...
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Istanbul University Press
2023-05-01
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| Series: | Annales de la Faculté de Droit d’Istanbul |
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| Online Access: | https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/35FBC398CA18410D85A946D99A655BBE |
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| author | M. Tolga Özer |
| author_facet | M. Tolga Özer |
| author_sort | M. Tolga Özer |
| collection | DOAJ |
| description | One reason to end a mandate agreement involves the unilateral termination procedure regulated under Article 512 of the Turkish Code of Obligations (TCO). According to this provision, the mandatee and mandator are entitled to unilaterally terminate a mandate agreement without need to propound upon a rightful reason or grant a notice period. The purpose of this provision is to allow the parties to easily terminate a contractual relationship in the event of a deterioration between the parties in the mutual trust that lies at the foundation of the mandate agreement. However, terminating an agreement without any reason or notice period may have detrimental effects on the other party in certain cases. In consideration of this possibility, legislators have regulated that the party who terminates a mandate agreement at an inopportune juncture shall compensate the other party for the damages arising from such a termination (qqv. TCO Art. 512 /p. 2). This study aims to review the right to unilaterally terminate a mandate agreement regulated under Article 512 of the TCO. The study will review within this scope the legal nature of this right, the procedures for its use, and its field of application in the first stage. Following this stage, the study will peruse information on compensation liability due to the termination of a mandate agreement at an inopportune juncture and review the legal grounds and scope regarding this compensation. The study will conclude by questioning whether Article 512 of the TCO is a mandatory provision or not. |
| format | Article |
| id | doaj-art-9c29974e4dfc41c5b1ba6420f65bc142 |
| institution | Kabale University |
| issn | 0578-9745 2687-4113 |
| language | deu |
| publishDate | 2023-05-01 |
| publisher | Istanbul University Press |
| record_format | Article |
| series | Annales de la Faculté de Droit d’Istanbul |
| spelling | doaj-art-9c29974e4dfc41c5b1ba6420f65bc1422025-08-20T03:52:06ZdeuIstanbul University PressAnnales de la Faculté de Droit d’Istanbul0578-97452687-41132023-05-0172315210.26650/annales.2023.72.0003123456Unilaterally Termination of the Mandate Agreement as Per Article 512 of the Turkish Code of ObligationsM. Tolga Özer0Türk-Alman Üniversitesi, Istanbul, TurkiyeOne reason to end a mandate agreement involves the unilateral termination procedure regulated under Article 512 of the Turkish Code of Obligations (TCO). According to this provision, the mandatee and mandator are entitled to unilaterally terminate a mandate agreement without need to propound upon a rightful reason or grant a notice period. The purpose of this provision is to allow the parties to easily terminate a contractual relationship in the event of a deterioration between the parties in the mutual trust that lies at the foundation of the mandate agreement. However, terminating an agreement without any reason or notice period may have detrimental effects on the other party in certain cases. In consideration of this possibility, legislators have regulated that the party who terminates a mandate agreement at an inopportune juncture shall compensate the other party for the damages arising from such a termination (qqv. TCO Art. 512 /p. 2). This study aims to review the right to unilaterally terminate a mandate agreement regulated under Article 512 of the TCO. The study will review within this scope the legal nature of this right, the procedures for its use, and its field of application in the first stage. Following this stage, the study will peruse information on compensation liability due to the termination of a mandate agreement at an inopportune juncture and review the legal grounds and scope regarding this compensation. The study will conclude by questioning whether Article 512 of the TCO is a mandatory provision or not.https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/35FBC398CA18410D85A946D99A655BBEmandatemandate agreementterminationrescissionmandateemandatorcompensation |
| spellingShingle | M. Tolga Özer Unilaterally Termination of the Mandate Agreement as Per Article 512 of the Turkish Code of Obligations Annales de la Faculté de Droit d’Istanbul mandate mandate agreement termination rescission mandatee mandator compensation |
| title | Unilaterally Termination of the Mandate Agreement as Per Article 512 of the Turkish Code of Obligations |
| title_full | Unilaterally Termination of the Mandate Agreement as Per Article 512 of the Turkish Code of Obligations |
| title_fullStr | Unilaterally Termination of the Mandate Agreement as Per Article 512 of the Turkish Code of Obligations |
| title_full_unstemmed | Unilaterally Termination of the Mandate Agreement as Per Article 512 of the Turkish Code of Obligations |
| title_short | Unilaterally Termination of the Mandate Agreement as Per Article 512 of the Turkish Code of Obligations |
| title_sort | unilaterally termination of the mandate agreement as per article 512 of the turkish code of obligations |
| topic | mandate mandate agreement termination rescission mandatee mandator compensation |
| url | https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/35FBC398CA18410D85A946D99A655BBE |
| work_keys_str_mv | AT mtolgaozer unilaterallyterminationofthemandateagreementasperarticle512oftheturkishcodeofobligations |