Building management
Who prepares and approves a building's operating budget in Türkiye?
Short answer
The manager prepares the operating budget and the unit owners' board approves it. If there is no approved budget, the manager draws up a provisional one until the board approves, for at most three months.
Details
- This arrangement came with a change to the law in 2026. The former rule that a budget became final if not objected to within seven days was removed.
- The budget shows one year of estimated income and expenses and each unit's share; it is the basis of the dues.
- A finalised operating budget counts as a document in enforcement proceedings.
- Where the management plan is silent, staff costs are shared equally and other expenses by land share.
Legal basis
- Condominium Law No. 634, Article 37 (as amended by Law No. 7579) and Article 20
Related tools and documents
This page gives general information and is not legal or tax advice. For your own situation, consult a lawyer or an accountant. To cite this page: Emlivo, “Who prepares and approves a building's operating budget in Türkiye?”, 10 October 2026, https://www.emlivo.com/en/guide/building-operating-budget-approval-turkey