CasaX Glossary
The language of building management, in plain words.
From monthly dues to land shares, from the owners' assembly to bank reconciliation: the terms you meet every day in Turkish apartment and complex management, explained with the Condominium Law and everyday practice.
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Management and assembly
16 terms found
A
- Attendance list (Hazirun cetveli)The list showing the names, independent units and signatures of the unit owners or proxies attending an owners' assembly meeting.
- Auditor (audit board) (Denetçi)The person or board elected by the owners' assembly to audit the manager's accounts and transactions on behalf of the unit owners.
B
- Board of representatives (Temsilciler kurulu)In Turkish collective building complexes, the board made up of representatives elected by each main property's owners' assembly that runs the joint management.
- Building manager (Yönetici)Under Turkish condominium law, the person or company appointed by the owners' assembly to manage the main property under the law, management plan and assembly decisions.
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M
O
- Operating budget plan (İşletme projesi)Under Turkish condominium law, the plan prepared by the manager showing the estimated annual income and expense budget and the advance each unit owner will pay.
- Ordinary meeting (Olağan toplantı)The regular meeting of the owners' assembly, held at the time set in the management plan and in any case at least once a year.
- Owners' assembly (Kat malikleri kurulu)Under Turkish condominium law, the body made up of all unit owners of a main property and the highest decision-making authority in its management.
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- Release (discharge) of the manager (İbra)The owners' assembly approving the manager's accounts and actions for a period, thereby releasing the manager from liability for that period.
- Representation by proxy (Vekâletle temsil)A unit owner not attending an assembly meeting in person but sending someone else with a written proxy to vote on their behalf.
- Resolution book (Karar defteri)The book in which owners' assembly decisions are recorded, with pages certified by a notary and signed by those attending the meeting.
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This content is for general information only and is not legal or financial advice. Legislation may change; consult a professional about your specific situation.
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