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Everything related to title deed in Turkey
  • 12/10/2022
  • Investment in Turkey
  • 806

The title deed in Turkey is one of the first details and aspects that you should know a lot about when you are going to buy real estate in Turkey. What is meant by title deed? What are its types? How can it be obtained and what are the most important details related to it? Everything you want to know can be found in this article.


What is meant by real estate titles in Turkey?


The term "real estate deed" refers to the physical evidence of ownership of a piece of property and is issued by the Turkish government and registered with the local land registry office and includes the owner's name, address and description of the property.


Types of title deed in Turkey:


One piece of information that you do not know about title deeds in Turkey is that it is divided into many types and each type has specific features and details that must be taken into account so that you do not find yourself facing a problem later.


1 - Red Title deed :


The red title deed is a type of real estate ownership certificate in Turkey and the certificate is issued by the Turkish government and gives the owner the right to use or sell the property.

The red title deed has the following features and details:

- The bond is issued in the name of the owner.

- The bond indicates the title, size and type of the property.

The bond shows any restrictions on the property.

The bond may be transferred to another person by way of sale or inheritance.


2 - Blue title deed:


- The blue title deed in Turkey is the title deed of agricultural land.

- It is a legal document that proves ownership of the land.

- The blue title deed can be used to buy, sell or rent agricultural land.

- The blue title deed must be registered with the Ministry of Agriculture to be valid.


3 - Real estate easement title:


The title deed of the real estate easement in Turkey is a document that proves the existence of the easement on a particular piece of property.

The act must include:

- Names of the parties participating in the easement agreement (grantor and grantee).

- A description of the property subject to easements.

- No restrictions on the use of property.


4 - Title deed of full ownership:


As for this type of title, it is obtained in the last stage of the entire purchase process, and it is the last bond that the buyer will receive and will not be exchanged.

 

How is the real estate title deed in Turkey extracted?


The title deed of the property in Turkey was extracted from the Land Registry Office. The title deed application is submitted by a notary public on behalf of the buyer.

After the application is approved, the notary public extracts the title deed from the Land Registry Office and delivers it to the buyer.


The cost of extracting a real estate title deed in Turkey:


Once this document is obtained, the buyer must go to the local tax office and pay the stamp tax. The amount of this tax is 4% of the purchase price.

After paying the stamp tax, the buyer must go to the local land registry office and register his ownership of the property and this process may take several weeks to complete.

 

Documents required to obtain a real estate title deed:


The following documents are required to obtain a property title deed in Turkey:

  1. Proof of Turkish citizenship or residence permit.
  2. Notarized copy of the purchase contract.
  3. The original title deed.
  4. A tax declaration issued by the municipality in which the property is located.
  5. Notarized statement from the seller that all taxes have been paid.
  6. Energy Efficiency Certificate.
  7. Certificate of habitability (if applicable).


Notes when extracting real estate title deed in Turkey:


It is very easy, but this does not mean that there are some notes that you should take into account when buying real estate in Turkey and when extracting real estate titles, most notably:

- To extract a title deed in Turkey, the buyer must first obtain the Tapu (title deed) from the local land registry office and the buyer then needs to have the Tapu translated and notarized by a Turkish notary.

- Before you begin the process of applying for a title deed, you will need to arrange all your documents including your passport, residence permit (if applicable), tax number, and marriage certificate (if applicable). You will also need a notarized power of attorney if you are not physically located in Turkey during the application process.

- Get everything in writing When you find the property you want to buy, make sure you get all the details in writing before paying any money. This includes the price, any special terms, and the name and contact information of the seller or agent.

- Understanding the process of buying real estate in Turkey is different from that in most other countries. Make sure you understand all the steps involved before you proceed.

- Checking liens and mortgages, once you have a title deed (Tabu), be sure to check for any liens or encumbrances on the property. These could include unpaid taxes, utility bills or mortgages and if any, they must be paid before you can get property ownership.


Advantages of buying real estate in Turkey through Ista Property Real Estate:


Choosing to buy your property in Turkey through our company will bring you many advantages and advantages, and this is for a wide range of reasons, the most important of which are:

- Full service real estate company, we help clients buy, sell and rent properties in Istanbul and the surrounding areas. The company also provides property management services and has a team of experienced real estate agents who can help clients find the perfect property for their needs.

- One of the largest real estate companies in Istanbul and has helped thousands of clients buy real estate in Turkey. The company owns a wide range of properties for sale and rent, and its team of agents are experts in the real estate market in Istanbul.

- The company offers a wide range of services and has a team of experienced professionals who can help you find the perfect property for your needs.

- We assist our clients in extracting, processing and studying papers at the legal level.

- Finally, do not forget to follow our website constantly to see all the details and information that interest you about the real estate sector in Turkey.


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#real estate_investment #Istanbul_apartments_for sale


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