Investment Guide

Precedent Rent Cost

Precedent Rent Cost

   The rent value of the rented goods and rights cannot be lower than the equivalent rent value. The equivalent rent value of the goods and rights that are left free of charge to others is considered as the rent of these goods and rights. The precedent rent in the building and land is 5% of the tax value determined in accordance with the Tax Procedure Law, if the appraised or determined rent by the competent private authorities or the courts is not available, and if the appraised or determined rent is not available. Precedent rent in other goods and rights; 10% of the cost value of these goods and rights, if this price is not known, is taken as a basis.

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