12-05-2010, 13:46
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#8
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Plesae could you advise me whether in Turkish Law a purchaser of a property who has signed a written contract can unilaterally cancel the contract
Further if the purchaser refuses to complete the purchase and pay the balance of monies owed is this a repudiatory breach which would allow the seller to terminate the comtract and claim damages?
or does the seller have to serve a notice on the purchaser requiring completion by a given date before the contract can be terminated?
The contract is silent on these issues.
Thankyou
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