WHAT IS A BROKERAGE CONTRACT?

30 Apr WHAT IS A BROKERAGE CONTRACT?

A broker is a person who, for a fee, mediates a contract or provides the opportunity to conclude it. The contract of Simsarlarık is governed by Articles 520-525 of the Turkish Code of Obligations No. 6098. It is arranged between the items. Article 520 of the TCC defined the contract of simsarlik and stated that “The simsarlik agreement is the agreement in which the simsarker undertakes to mediate the preparation or establishment of the possibility of establishing a contract between the parties and is entitled to a fee if this agreement is established. Dec.” is mentioned in the form. As can be understood from this definition, the law has divided brokerage into 2 different types. Firstly, he pointed out the activity of preparing the possibility of establishing a contract, and after the “opportunity broker”, he also defined the “brokerage broker” with the activity of mediating the establishment of a contract. While the opportunity broker has no obligation to bring the parties to the original contract together, the intermediary broker will have completed his/her duty in the event that he/she understands the parties to the original contract.

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