Down Payment Game on a 2 Million TL Home Advertisement: Penalty From the Ministry to the Real Estate Company
5 Articles
5 Articles
The Ministry of Commerce took action upon the realization that an apartment, whose sale price was shown on the Internet as 2 million TL, was in fact a down payment. The real estate company that published the misleading advertisement was fined 28,620 TL.
The Ministry of Trade imposed an administrative fine on a business for a misleading advertisement that listed the sale price as 2 million lira, but stated that this amount was only a down payment. As part of its inspections targeting misleading real estate advertisements, the Ministry of Trade fined the business 28,000 lira...
The Ministry of Trade has issued a "misleading advertisement" against a real estate company that listed the sale price of an apartment online as 2 million TL but told callers that this amount was not the sale price but a down payment...Click here for more.
In Karasu district of Sakarya, it was revealed that the price of summer houses advertised for 2 million TL was only the down payment. Following a complaint from a citizen, the Ministry of Trade took action and fined the company that placed the misleading advertisement 28,620 TL.
The Ministry of Commerce imposed an administrative fine of 28 thousand 620 TL on the real estate company, which showed the sale price of an apartment as 2 million TL on the Internet, but said that this amount was not the sale price, but a down payment, for “misleading advertising”.
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