Adjusting The Rent Amount To Changing Conditions
…… TO THE HONORABLE COURT
PLAINTIFF: …….
ATTORNEYS: …….
DEFENDANT: …….
SUBJECT OF THE CASE: Adjustment of Rent to Changing Economic Conditions
VALUE OF THE CLAIM:…….
EXPLANATIONS: My client, the owner of the ground floor space with an area of … m2 located at ……. address, leased it to the defendant for use as a market for a period of 5 years at a monthly rent of ……. under a written lease agreement dated …….
Although the lease agreement stipulates an annual increase of 25%, the rent increases made as a result of economic changes, high inflation, and worsening living conditions over time have been extremely low.
The rent paid for the property in question is exceptionally low in comparison to the comparable rents in the surrounding area, taking into account the area and characteristics of the property.
For these reasons, it has become necessary to file this lawsuit to adjust the monthly rent of …………-TL to ………-TL as of the new rental period starting on ../../….
REASONS: Law No. 6570, BK, HUMK, other relevant legislation.
EVIDENCE: Lease agreement, discovery, expert witness, and other evidence.
CONCLUSION: For the reasons stated above, the monthly rent of ……. shall be adjusted to ……. , the defendant to bear the costs of the proceedings, and the opposing party’s attorney’s fees to be awarded to us as attorneys pursuant to the last paragraph of Article 164 of the Attorney Law No. 1136, as amended by Law No. 4667. …….