In Turkey, prenuptial agreements, known as "marriage contracts," are regulated under the Turkish Civil Code (Türk Medeni Kanunu).
Introduced as part of a series of reforms to Turkish family law, these agreements allow couples to arrange their financial relationships during the marriage and in the event of a divorce, within the legal boundaries set by the code.
Key aspects of the Turkish Civil Code regarding prenuptial agreements include:
- Freedom to Arrange Financial Relations: Couples have the freedom to arrange their financial relationships before getting married. This can include how property will be managed during the marriage and how assets will be divided in case of divorce.
- Formal Requirements: For a prenuptial agreement to be valid in Turkey, it must meet certain formal requirements. The agreement needs to be in writing and signed by both parties. It is highly recommended to have the agreement drafted and witnessed by a notary to ensure its legality and enforceability.
- Limitations: While couples have considerable freedom to arrange their financial relations, there are limitations. Prenuptial agreements cannot include provisions that are against the law, morals, or the indivisible nature of the family. They also cannot completely strip one party of their rights in the event of a divorce.
- Modification and Termination: Parties can modify or terminate their prenuptial agreement at any time, provided both agree and the changes are made in writing with the same formal requirements as the original agreement.
- Enforcement: In case of divorce, Turkish courts will enforce a valid prenuptial agreement as long as it respects the legal boundaries and does not violate public order or morals. However, the court has the discretion to adjust the terms if they are found to be excessively unfair to one party at the time of enforcement.
The spouses can choose a ‘system’ from a number of alternatives that determine the division of assets upon a termination of the marriage. These ‘systems’ are known in Turkish as Mal Rejimi Sözleşmesi (Property Regime Agreement). There are 3 types:
- Mal Ortaklığı (Community of Property): Shared ownership of all assets acquired during the marriage.
- Mal Ayrılığı (Separation of Property): Each spouse retains ownership of their individual assets.
- Paylaşımlı Mal Ayrılığı (Participated Property Separation): Individual ownership with some shared assets.
- Edinilmiş Mallara Katılma (Participation in Acquired Property): Joint ownership of assets acquired during the marriage.