Turkey real estate guide

What is a Promise-Sale Contract, What are its Conditions? A promise to sell contract is prepared in order to formally undertake that a real estate will be bought and sold at a future date. In the real estate promise contract, the buyer party will receive that property on the date specified in the contract and with the declared price; the selling party confirms that it will make the sale under these...

What are the Documents to be Submitted in the Special Conditions of the House Sale? Real estate purchase and sale transactions are carried out at the land registry offices. There are some documents that the parties must submit to the title deed directorates in order to carry out the deed transfer process. The documents required from the real estate owner for the title deed transfer are as follows:...

What is Forced Sale, What are its Conditions? The process of confiscating the real estate registered on the persons who do not pay their debts through enforcement and the sale of these real estates by the state is called forced sale. What are the Conditions of Forced Sale? People who are in a creditor position can apply to the court in case their debts are not paid. According to Article 32 of the...

What is Land Registry Power of Attorney, What Should Be Considered? By granting a power of attorney with a notary, financial transactions can be carried out on behalf of another person. It is possible to sell, sell, buy or sell real estate. It calls itself the power of attorney for the title deed. Each of its parties can acquire, sell or sell real estate in a power of attorney transaction. in addition...

What is Allotment, How is it Done? Allocation: is dividing the property into plots and registering it in the real estate registry. However there are certain conditions for this process, there should be no right of easement, explanation or mortgage on the land to be allotted. In addition, places in danger zones such as disasters, landslides or floods cannot be allocated. Also, lands that do not have a road...

What is the Case for Dissolution of Partnership in Turkey Real Estate, What are its Conditions? The real estate in which more than one person has shares in the deed is called shared property or shared real estate. In case one or all of the stakeholders want to allocate their own shares, a lawsuit must be filed for the dissolution of the partnership. The lawsuit for the dissolution of partnership, also...

What is Shared Real Estate, How to Buy and Sell? Immovables in which more than one person has a share in the title deed are called shared real estate. There are two types of proprietary real estate: Shared ownership: In this type of shared deed, it is clear how many shares each shareholder has on the real estate. Co-ownership: The share of shareholders acquiring real estate through inheritance is...

How to Sell a Bank Mortgage House? In order to become a home owner in the long term by paying in installments, a housing loan can be obtained by applying to banks. The home loan lender mortgages the real estate until the loan debt is fully paid off. In cases where the debt of the house is not paid, the bank has the right to sell the real estate. Can a Bank Mortgage House Be Sold? People who buy and...

What is Energy Performance Certificate, Is It Mandatory? Energy performance is evaluated by considering energy consumption such as heating and cooling systems of buildings and greenhouse gas emission level. Then, energy consumption classification is made with one of the letters A, B, C, D, E, F, G. A refers to the most efficient and G refers to the most inefficient energy consumption class. As a result...

How Long is the Evacuation Period in a Home Sale? People who want to buy a house with a tenant or the property of the owner of the property should clarify the period of evacuation of the house. If there is no agreement between the parties, the property owner must immediately evacuate the house he sold. When the title deed transfer takes place, the house must be evacuated and ready to be handed over. If...