Can inherited properties be rented?

Can inherited properties be rented? People who inherit properties have the right to rent or sell the property. If only one person has the right of inheritance, that person can rent the said property by his decision. However, if the estate is owned by more than one person, all heirs must agree on the rent. If there is a tenant in the inherited property, the lease agreement must be renewed and the rent price and payment period determined again.
How is the rental price of an inherited property divided? There are two types of ownership, joint ownership and co-ownership. The share of each shareholder is determined in the joint ownership document. In joint ownership, the rent is divided in proportion to the shares of the heirs. However, the proportion of shares in joint ownership is not clear. So that there is no problem in dividing the rental price, it is possible to convert the joint ownership into joint ownership by filing a lawsuit.
According to Article 644 of the Civil Code No. 4721, it is possible to request the conversion of joint ownership to partnership by referring to the Supreme Court. The rental income of the inheritance is divided into joint ownership in proportion to the shares. For detailed information on joint ownership and joint ownership, "What is joint property, how to buy and sell?" You can read our article. One of the actions that can be taken to solve the problem of dividing the rental value of inherited properties is to file a lawsuit for the dissolution of the partnership.
What is a partnership liquidation case? A partnership liquidation case, also known as Izale-i Şuyu, is filed to end joint ownership. The shares of the property are separated and assigned to the rightful owners. If the shares cannot be divided, the property is sold and the owners are paid in proportion to their shares. To have more information about the liquidation case of a joint-stock company, "What is the case of liquidation of a joint-stock company, what are its conditions?" You can read our article.
What is inheritance and gift tax? People who inherit through inheritance, i.e. inheritance, are obliged to pay inheritance and gift tax. Inheritance and gift tax returns must be submitted to them within 4 months from the date of inheritance. If it was inherited by people living abroad, they are required to submit this declaration within 6 months. The amount of tax is specified with this declaration to be submitted to the tax offices. Then inheritance and gift tax is paid in two installments every year.