The Most Important Information You Need to Know About the Title Deed

In Turkey, a deed of conveyance could be a document that grants position to the owner of any property in Turkish territory.

There is little question that while you're searching for procedures and steps to have a property in Turkey, you've got already heard plenty about Tapu or deed of conveyance in Turkey.

Today, we'll inform you the concept of Tapu, its types, importance, and therefore the papers needed to get it.

All That Foreigners Should Realize the Title in Turkey!

 

It is improper to simply accept, as a foreigner, the method of shopping for realty in Turkey without knowing the initial information about a way to buy a property in Turkey.

Among the foremost important information for the validity of shopping for a property in Turkey, similarly because the success of the Real estate investment step with none legal problems, is that the possession of a correct title.

The Concept of Title in Turkey

Tapu, a word within the Turkish language, means the title of the property in Turkey.
And it's the papers granted by the Land Registry Department to the new owner of the property in a very procedure to prove his ownership of the property where his name is included in it, additionally to other information associated with the property, which we are going to detail below.

The title is granted in Turkey during the last stage of purchase, because the lack of possession means the legal ownership of the property by an individual, whether Turkish or foreign, isn't recognized.

 

Title Deed Content While Buying a Property in Turkey

The first thing you ought to know as a foreigner wishing to shop for apartments available in Turkey is that the Tapu may be a legal instrument that's extracted from the Land Registry Department in Turkey, where you discover this label: “Tapu ve Kadastro Genel Müdürlüğü”.

The title contains the subsequent information:

• The address of the property you're visiting buy.
• The serial number of the land registration on which the property is made.
• The area of the plot of land on which the property is made.
• The area of the property you're visiting buy, the building number and therefore the floor on which the property is found.
• The financial value of the property is in Turkish monetary unit.
• A personal photo of the possessor, his name, nationality...etc.

This is the foremost important information that has got to be checked for its presence within the deed document, paying attention to the requirement to adapt to the specifications of the property truly.

 

Documents Required to Get Tapu in Turkey

In fact, for any step within the Turkish land sector, you have got to arrange your papers prior to, in order that you are doing not face any embarrassment, narrowness, or delay in transactions.
In general, the tapu doesn't need many papers while extracting or signing it, as its file consists of the following:

• The passport is translated or the private ID is additionally translated into Turkish and licensed by the notary.
• The tax number that is your identification in Turkey with government departments.
• A personal photo of the vendor of the property and two photos of the client.
• Earthquake insurance.
• Energy identity document.
• Legal personal agency within the event that the Real buyer is represented by a person from his relatives or friends.

These are the foremost important documents required by the Land Registry Department from either side of the method of shopping for a property in Turkey before the transfer of full ownership.

Is the Deed of Conveyance a Document That May Be Shared While Buying a Property in Turkey?

Many foreigners wishing to share the ownership of 1 property or group of properties in Turkey are ambiguous about the chance of accepting this by Turkish law, and if accepted, does the law grant the title to both or only 1 person?

Answer

According to the frameworks of Turkish law, one deed is issued to any or all co-owners of the property, with the share of every participant within the property being shown very well.

The Real Estate Registry Department issues to every realty owner a deed of his own, during which the name of the owners and their share of the property, if it's partial or complete, are written.

Turkish law protects somebody's ownership of land, no matter the quantity of householders, by clarifying everything thoroughly.

 

Procedures for Obtaining Tapu in Turkey

The procedures for transferring ownership so as to get the Tapu are subject to simple transactions through which a foreigner can obtain the Tapu as soon as possible, not exceeding in some days 3 days, and it can even be wiped out in the future only.

In general, the transactions for obtaining a Tapu when buying a property in Turkey pass through:
The personal presence of the owner and also the buyer so as to sign the acquisition contract.
Obtaining the tax number from the closest tax department to the buyer's address by presenting the passport only.

Opening a checking account in an exceedingly Turkish bank so as to transfer money to shop for a property, whether or not the procedure isn't necessary if the owner has in our own way to transfer money through Turkish banks exclusively.

Assignment of the apartment contract by the vendor to the customer within the Land Registry Department.

Receipt of the deed of conveyance of the property additionally to the key to the apartment, villa, or any kind of property in Turkey.

 

Types of Tapu in Turkey

When you give some thought to buying apartments purchasable in Turkey or buying land in Turkey generally, you discover that there's a difference within the colors of the deed or the data mentioned. The title is split into types as follows:

Types of Tapu in Turkey are divided into 3 types. Every deed of conveyance in Turkey is ready specifically for the property situation you wish to shop for. Tapu Types in Turkey are listed below:

– KAT MÜLKİYETLİ TAPU:

this sort of tapu is ready when the building of assets that an individual will buy is completed. the entire area of the building, assets type, area unit, and therefore the number of the independent section are among the knowledge within the title.

– KAT İRTİFAKLI TAPU:

this sort of tapu is ready when the building of realty that someone will buy continues to be under construction. The land share information registered within the name of the correct holders is included within the title.

– HİSSELİ TAPU:

this type of tapu are often defined because the tapu type showing the partners of immovable property. The names of the Real estate owners are written open within the title but the data of which partner owns which department isn't mentioned within the tapu.

In addition to tapu types, a tapu has 2 colors and every color encompasses a meaning.

Red Tapu Turkey:

The red tapu in Turkey is ready when a building is totally finished. The red title or tapu is for apartments, villas, or commercial units.

Blue Tapu Turkey:

The blue tapu in Turkey is ready for the lands with none residential units. When someone buys an empty land, a blue tapu is given.

5 Questions You Need to Ask About Tapu in Turkey

The following is Property Superiors for property investment, a group of the foremost common questions that its clients ask our consultants regarding owning a property in Turkey, specifically about the deed of conveyance, with expert answers to them:

Can the Deed of Conveyance Be Extracted Again Just in Case It's Lost or Damaged?

Of course, you have got the proper to get a replacement Tapu by applying to the important estate registry department closest to your area of residence.

Is It Possible to Register the Tapu Within the Name of a Son Under 18 Years Old?

There is no problem therewith if you would like, but the foremost important thing is that it's in the course of the consent of the fogeys and a certificate of marriage certified by the official in Turkey.

 

Does the Property Allow You to Inherit the Property in Turkey and How?

Owning a property in Turkey is free, and thus it is inherited as a guaranteed right that's easily done to the wife, children and relatives consistent with certain conditions.

What Is the Amount of Individuals Allowed to Participate Within the Tapu in Turkey?

Turkish law doesn't specify the quantity of individuals allowed to participate within the Tapu, as long as they need the correct to have the property.

 

Is the Deed of the Property Designated for Obtaining Turkish Citizenship Different?

The deed is that the same in Turkey and its standards are the identical, but within the title for obtaining Turkish citizenship, you discover the phrase “real estate not available within 3 years,” which is that the most vital condition within the land directed to obtaining Turkish citizenship in step with the important estate law.

This was the foremost important information about buying assets in Turkey, which was summarized by Property Superiors for property investment in a very set of points which will be remarked before buying land in Turkey.