The property acquisition process varies, depending on the policies of the builder, but the elements are similar in most contracts. Passport details, recent 4x6cm photographs and local tax numbers are crucial documents that must be submitted to the seller, by the buyer.
A landowner should apply to the municipality within three months following the title exchange this will be included in our property tax ID number application service.
The process begins with the submission of a non-refundable reservation fee deposit, an initial stage payment, a second disbursement that is time governed, and a final conclusive payment, on receipt of TAPU.
Procuring the services of a lawyer is strongly advisable, albeit not crucial, for those who wish to save extra costs. You can contact us for further details on the legalities of investing in Turkish property and out experts can guide you on what works best for your circumstances.
Turkish lawyers are always available to assist individuals from other nationalities find genuine property deals, and they usually charge in accordance with the overall property worth. Before appointing a lawyer in Turkey, it is advisable to ask for quotes, as well carry out thorough background checks, prior to hiring. Again we can offer advice on choosing a good lawyer.
It can take up to six months for Turkish government offices to issue a TAPU. This is because applications go through a vigorous process, from the local TAPU office, to the Military offices, where they check if the property is not within Military zones or restricted regions.
If the property in question has already been cleared for the previous owner then the process of obtaining a TAPU should be faster and in some cases they can be processed in as little as one day following a change in the law.
The TAPU plays an important role in property ownership in Turkey. A foreigner who buys an apartment within a complex or a house in a project set to be built, is issued with a common-hold document that is based on zoning and plans.
All projects are generally inspected by the municipality for compliance with the building license. Approval means the developer will be issued with a general legal document called the Iskan.
Property owners must also acquire their own Iskan, to enable connection to public utilities, and they are also liable to pay certain bills, namely: council tax, household bills and insurance. Owning a land deed is imperative, but it is equally important to inspect records at the region’s Land Registry, to ensure that the TAPU exists.]]>