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turkey |
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| Purchasing
process in
Turkey. |
After
the sale and
purchase
conditions are
agreed upon you
and/or your
Agent are
advised to ask
for a copy of
the TAPU (Title
Deeds) and
double check
whether:
1-The TAPU
really belongs
to the property
2-It is a
residential
property in a
zone covered by
an Implementary
Development Plan
or a Local
Development Plan
3-The property
really belongs
to the person
who introduced
himself to you
as the
"owner"
4-No annotation
prohibiting the
sale/purchase of
the property
appears on the
TAPU
5-The property
complies with
all regulations
6-All licenses
and official
permits for the
property had
been properly
obtained
7-The current
owner does not
owe taxes
anything to the
Tax Office
8-The current
owner owes no
over-due debts
to the utility
companies
Contracts are
not compulsory
according to
current
regulations and
mutual
declaration of
both the buyer
and seller to
the TAPU (Title
Deeds) Registry
Office is enough
to carry out the
transfer of
ownership, a
contract will
allow you to
protect
yourself. If you
are using a real
estate agent
and/or solicitor
ensure the
contract refers
to them and that
they also sign
the contract.
Your contract
should include
the following:
1-A detailed
description of
the property
(address, TAPU
details,
technical
conditions etc)
2-The actual
price to be paid
to the seller
for the property
3-The seller's
bank account
details for
payment
4-The agent
and/or
solicitors bank
account details
for payment
5-The payment
terms and
conditions to
the seller
including
deposit, interim
and final
payments
6-A Statement
requiring the
seller and the
buyer to pay
their own tax
liabilities
7-The fees and
commissions to
be paid to the
solicitor or
agent
8-Under what
conditions and
how the money
paid by the
buyer will be
refunded by the
seller
9-Whether
parties can give
up the
sale/purchase,
if so, under
what conditions
this can happen
10-The rights
and
responsibilities
of the persons
whose signatures
appear on the
contract
11-ID numbers of
Turkish
nationals (TC
Kimlik No) who
are to sign the
contract, the
Barr registry
number of the
solicitor being
used and the
trade registry
number of the
real estate
company
Before signing
the contract
have it
translated into
English. Relying
on only an
oral-translation
may lead to
unwanted
situations in
the future. Sign
the contract in
the presence of
a notary public
and then have
them notarized.
This will ensure
that:
1-The people
signed the
contract and
their signatures
are genuine
2-The contract
is in line with
Turkish laws and
officially
acceptable
anywhere in
Turkey
3-The terms
within the
contract are
binding for all
parties
The next step
for both buyer
and owner or
their legally
authorized
agents is to
apply to the
TAPU Office for
transferring of
ownership.
During the
application the
buyer or their
agent are to
provide the
local TAPU
Office with the
following
documents:
Buyer
1-Title Deed or
a document
indicating the
property's exact
location (plot
or parcel number
etc.)
2-2 recent
passport photos
of the buyer
3-Passport
and/or ID Card
of the buyer
Agent
1-An acceptable
Power of
Attorney
2-2 recent
passport photos
of the agent
3-Passport
and/or ID Card
of the agent
Upon your
application the
local TAPU
office will do a
search on behalf
of whether the
property is in a
forbidden zone
or not. After
military
clearance has
been finished
you are given an
official
ownership
document called
the Title Deeds
(TAPU). Without
having a TAPU
you are never
considered to
legally own the
property even if
you signed a
legally
acceptable
purchase
contract with
seller.
This is to
provide basic
information
about the
purchasing
process in
Turkey.
The information
in this post is
of a general
nature and does
not constitute
legal advice,
Text provided by
Turkishhomes4sale. |
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