Property Owners’ Rights in Urban Renewal: From Rent Support to Turnkey Delivery
For most property owners, urban renewal is a once-in-a-lifetime experience. That is why the sentence we hear most often is: “We don’t fully know our rights.” Yet Law No. 6306 defines a series of rights and supports that protect owners throughout the process. Here is a summary of what you are entitled to — from the moment you receive the risky-building notification to the day you collect the keys to your new home.
1. The Right to Be Informed and to Object
When your building is assessed as risky, the decision must be officially served to you; the process cannot move forward without your knowledge. After notification you have the right to object to the report, and your objection is evaluated by a technical committee. In other words, the “risky building” decision is not a one-sided, final imposition — it is a finding with an open path of appeal.
2. The Right to Take Part in Decisions
Whether the building will be strengthened or demolished and rebuilt; which company and which sharing model will be chosen — these decisions are taken at the owners’ assembly. Every unit owner has the right to attend, examine the offers and vote. Decisions are taken by the majority defined in the current law — staying away means leaving your right unused, so we recommend following every meeting.
3. Rent Support or Temporary Housing
Owners who must move out of a building slated for demolition — and tenants who meet the conditions — can benefit from state rent support for the duration of construction. Since the amounts are updated by province and by year, the healthiest source for current figures is the announcements of the Ministry of Environment, Urbanization and Climate Change. Where conditions allow, temporary housing can be requested instead of rent support.
4. Subsidized Loans
Owners in buildings undergoing renewal are entitled to interest-subsidized loans through partner banks. This support significantly eases the financial burden, especially for owners who need to make an additional payment for their new home.
5. Tax, Duty and Fee Exemptions
Transactions under Law No. 6306 are exempt from items such as notary fees, title deed fees and certain municipal charges. These exemptions lower the cost of the process — yet most owners never claim them simply because they don’t know they exist. Make sure they are applied at the contract stage.
6. The Right to a Transparent Contract and Sharing Model
The contract signed with the contractor is the most critical document of the process: delivery time, delay clauses, sharing ratios, technical specifications and penalty terms are all settled here. Never sign a clause you don’t understand; having the contract reviewed by an independent expert is always your right. A trustworthy contractor is never bothered by your questions — on the contrary, they offer transparent reporting and regular updates themselves.
7. The Right to Turnkey Delivery
At the end of the process your right is clear: an independent unit of the quality and within the time committed in the contract, with its occupancy certificate obtained, ready to live in. Before delivery, you retain the right to inspect for defects and request that they be remedied.
Knowing Your Rights Matters — So Does Choosing the Right Partner
At Fazza Group we run our renewal projects on a single principle: a model that creates no grievances, preserves neighborly relations and adds value for the owner. With our transparent sharing structure and regular communication, we have proven this principle in the projects we have completed in and around Maltepe.
Is your building eligible for renewal — and how would the process work for you? Request a free preliminary assessment; our expert team will examine your building and map out your rights and your roadmap together with you. You can also read our step-by-step guide to the risky-building assessment process.