One fundamental difference from your own country in owning a property in Turkey is that Buying a house or apartment often means that you become part of an officially organized Community of Owners. Find out from your lawyer when you are purchasing your property if there is a Community of Owners and how it is run. The upkeep and value of your property will depend largely on the efficiency of the Community of Owners.

New buildings will be the responsibility of the promoter or builder until they are all completed and sold. As an owner of a property in a collective group of houses or in a block of flats, you will be notified and invited to attend a meeting to formally hand over the responsibility of general upkeep of the collective properties to a newly formed Community of Owners. Older properties are part of and already ongoing Community of Owners. From the official owners each year, someone has to be elected as President. There are other official roles to be filled and there will be an Annual General Meeting each year, of which you will receive formal notice, in time for you to be able to attend. The purpose is to ensure safe upkeep and good maintenance of the urbanization or block(s) of apartments for the benefit of all owners. There are laws and bylaws which pertain to the setting up, running and statutes of the Community. Since many British and other foreigners have become home owners in Turkey and especially in Bodrum, a lot of English speaking people have become involved in these Communities.
In some cases there are more English speaking owners than native Turkish. This has led to some modifications in the law concerning the running of such bodies. Pressure has come from the fact that most English speakers have little or no knowledge of the Turkish Language. Whereas previously meetings were held in Turkey, with Turkish Minutes and sometimes with and English translation for information, a majority vote can now result in the meetings and minutes being in English (or another voted language). Since ultimately the Community has to abide by Turkish laws and any information for the authorities or legal matters for courts, will have to be presented in Turkish and results relayed back into English for information. And here can BOSAY PROPERTY MANAGEMENT act as your representative and can help and advice with long year experience and fluent English speaking expertised staff for translation purposes.
This is just a small example of needs for a complex. If you require our services, we will send an expert team to inspect your complex to inform you in details.
| Organize community tax number for the complex and the registration of its existence |
| Organize the annual general owner meeting |
| Organize the management plan & complex budget for the yearly expenses |
| Set up the housing association bank |
| Collect monthly payments from owners |
| Pay the communal electric and water charges, record individual meter readings if necessary |
| Maintain the communal areas (swimming pool & gardens, sewerage system, , Rubbish Collection, etc. |
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Generate and send invoices detailing assessment charges, late charges, fines and other charges to unit owners
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| Prepare monthly financial reports including financial statements, detailed expense reports and unit owner balance reports |
| Handle all unit owner communication and correspondence |
| Give general advice & support to all community members |
| Legal Bookkeeping reports from authorized bookkeepers |
| Supply security guards, gardener, and other staff to maintain the complex |
| Represent the complex in any matters on behalf of the owners |
| 24 hour emergency contact with multilanguage speaking staff |
SOME HOUSING ASSOCIATIONS UNDER OUR MANAGEMENT
Q VILLAS
ASTERIA VILLAS COMPLEX
GAIA 1 VILLAS
GAIA 2 VILLAS
BITEZ VILLAS
BITEZ KIR APARTMENTS
ADIYAMAN VILLAS
PANDORA APARTMENTS
MANDARIN GARDENS
MARINA WALK APARTMENTS
OKALIPTUS VILLAS
BICER HOUSES
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