| Popis: |
In order to remove the problems arising from the restriction of the development rights by various reasons, Transferable Development Right (TDR) has been developed, and it is accepted that development rights can be transferred by setting it apart from property right. In this study, it is aimed to introduce the TDR system in generally and to propose a new model for Turkey. In the study, it is proposed that the establishment of the development right transfer fund be provided by the municipalities. It is foreseen that pledging the revenue as security, which is to be obtained from the transfer of the development rights to the fund and a receivable pool should be established. In addition, the transfer and redemption of the development rights and the collection of the receivables done by municipalities, and fund management done by portfolio management companies. Also, it is suggested that the fund's income be linked to the certificate and exported as securities. |
