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What Is Taksim Exactly?

Exactly, Taksim is a legal transaction that enables the shareholders to divide and share the real estate by determining their shares in immovables subject to common ownership. This can be done if the shareholders want to leave the partnership or if it is not possible for the partnership to continue. In order to file a Partition lawsuit, the shareholders must have the immovable property divisible, their shares must be determinable, and the termination of the partnership must be based on a just cause. The Partition case is an important legal remedy to protect the value of the real estate and protect the rights of the shareholders.

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