Turkey real estate dictionary

What is TCIP - Compulsory Earthquake Insurance is a type of insurance that covers the material damages of earthquakes and disasters that occur as a result of earthquakes. TCIP is a compulsory insurance and must be presented in the title deed transfer process of all residences. TCIP is made by authorized insurance companies on behalf of the Natural Disaster Insurance Institution . The insurance cost...

What is a Plugin? Each area suitable for use in a real estate, such as flats and offices, is called an independent section. The areas that are not part of the independent section but reserved for the use of the independent section are called extensions. Water tank, garage, sections where electricity, water and natural gas meters are located, sections such as coal burners and toilets are considered as...

What is Ecrimisil? The right to compensation resulting from the use of a real estate without the owner's permission is called ecrimisil. In order for an Ecrimisil lawsuit to be filed, the owner of the real estate must not have allowed the use of the property, that is, there must have been an unfair occupation. In addition, the condition of the defendant's malicious intent is sought. In the Ecrimisil case,...

What is a Master Bathroom? Bathrooms and toilets in the house are designed for common use. The master bathroom, on the other hand, is a bathroom type for personal use that can only be entered from within the master bedroom. The master bathroom usually includes a shower. Depending on the width of the area, a toilet and a sink can also be located. In houses with a large square meter, there may be a bathtub...

What is Duplex? Two-storey apartments with stairs are called duplexes. Although duplex literally means a two-storey house, only detached buildings are not duplexes. A duplex can also be the top floor (attic duplex) or an apartment located on the lowest floor. Such duplex apartments are also called floor duplex or floor duplex. Duplex detached buildings are known as duplex houses or duplex villas according...

What is Drainage? Drainage is a water discharge system applied around the building to remove ground or surface water from buildings. A drainage system is installed to ensure moisture and water insulation in the buildings and prevent ground damage. However, drainage is not a substitute for waterproofing applied to the building foundation. It helps waterproofing to last longer. This makes the building more...

What is Turning? The area measure equal to 1000 m2 is called acre. Generally, the term acre is used to indicate the size of the area in the purchase and sale of lands such as fields or plots. There is no different acre unit depending on the nature of the land. Acre was also used as a unit of measurement in the Ottoman period. However, acres were formerly used as equivalent to 918,393 m2. It was changed...

What is Timeshare? The type of real estate that can be rented by different persons during the year or purchased for a certain period of the year is called time-share. The timeshare system, which provides shared ownership, is generally preferred in thermal holiday villages or summer areas. Timeshare can be rented for at least 15 days a year. At the end of the date specified in the timeshare agreement, the...

What is Sublease? The process of renting a workplace to someone else by giving the right to use the fixtures in it is called sublease. This method, which is generally preferred in the transfer of rental businesses, can be carried out with the written consent of the real estate owner. According to the Turkish Code of Obligations, the owner of the real estate has no right to object to the sublease unless...

What is a Deposit? In case of damage to the real estate during the tenant's residence, the security deposit paid before the rental to cover the costs is called the deposit. The amount of the deposit is determined by the monthly rental price. The owner of the property may request a deposit up to 3 months' rent from the tenant. The deposit, also known as the security deposit, is withdrawn when leaving the...