A title deed is an official document that is used as proof of ownership of real estate. The deed must be registered with the local land registry office and then signed by both the seller and the buyer in order to make it legally valid. Once the deed is registered, it will become a permanent part of the property ownership history and will remain in effect until the title is transferred to another owner.
The title deed in Turkey:
In Turkey, the title deed, or “property registration,” is an important part of the legal system, ensuring that all property rights are registered and protected by the state, while preserving property rights. The title deed plays an important role in the development of real estate projects, land transactions, and other economic activities. It is also used to protect people from fraud and illegal activity related to real estate investments. Tapu is an essential resource for anyone looking to buy or sell a home or property in Turkey.
The content of the title deed document in Turkey:
The title deed(Real Estate Registration Certificate) is a document issued by the local authorities in Turkey. It contains information about the owner of the property and his rights to the property. This includes details such as:
The name of the owner, a personal photo, and the nationality of the owner of the property.
Ownership history and total land area.
The type of property, the floor on which the property is located, and the building number.
The value of the property is in Turkish lira.
It contains the registration number of the land in which the property is located.
The detailed address of the property.
The method of paying the value of the property is the cash or installment payment mechanism.
The date of delivery of the property, if the property was under construction.
The title deed is an important document for anyone who buys or sells real estate in Turkey and must be presented at all times when purchasing or transferring land.
Types of title deed in Turkey:
In Turkey, there are several types of title deeds that can be obtained for real estate, including:
The blue title deed in Turkey:
The blue title deed is known in Turkey as the agricultural title deed, which is the title deed of agricultural land registration. The blue title deed is granted in Turkey in the event of purchasing land for the purpose of agriculture or similar work such as: raising poultry and practicing agriculture of all kinds.
The blue title deed in Turkey has been colored in this color to distinguish it from the red title deed in Turkey, or what is known as the residential title deed.
This contract is considered proof of ownership of the agricultural property located in Turkey.
Seller hereby transfers to Buyer all legal rights, title and interest in and to the Property.
Buyer agrees to accept said property from Seller in its present condition.
The red title deed in Turkey:
Red title deeds in Turkey are a form of real estate ownership that gives its owner certain rights to use the land. The red title deed in Turkey is also granted for residential real estate of all kinds, whether apartments, shops, villas, independent houses or houses within residential complexes. The red title deed is also divided into Turkey into three types, including:
Socialist property deed:
The socialist property deed in Turkey gives citizens the right to own and manage property in a collective and cooperative manner.
This form of ownership contrasts with traditional individual ownership of property.
The contract allows for collective ownership of land, buildings, and other resources that are used for the benefit of all members of the community.
Through this system, people can pool their resources to build infrastructure, launch initiatives, and support local businesses.
This act ensures that everyone is treated fairly and equitably, with all members having equal rights and access to resources.
By creating a more equitable property system, the Socialist Title Deed helps to promote economic stability and security for all members of society.
Full title deed:
A complete title deed in Turkey is a legal document that provides evidence and proof of ownership of a particular piece of land or real estate. It is issued by the local land registry office and contains all necessary information about the owner and the property, including its size, location, boundaries, etc. The title deed also records Any obligations or restrictions attached to the land or property, such as: mortgages and other liens as such, it is an essential document to ensure that the owner has clear and uncontested rights to his land or property.
Easement title deed:
This type of type is considered an easement, which means that it is not a full or complete title deed.
It is a title deed that preserves for each person his right to the property prior to commencing construction.
Papers for obtaining a title deed in Turkey:
The following are the stages of obtaining a tapu in Turkey, including:
The first stage: Bringing the tax number, which is a document that is extracted from the tax department and is free of charge.
The second stage: presenting a valid passport, and it is important to translate it into the reliable Turkish language.
The third stage: submitting the property insurance policy against earthquakes.
The fourth stage: Bringing the personal identification cards of both the seller and the buyer, and it must be valid.
Fifth stage: One of the most important papers that must be submitted when applying for a title deed in Turkey is the (real estate appraisal) document, which is extracted by the specialized company licensed by the Turkish government.
Sixth stage: Provide recent personal photos for the seller and the buyer, and make sure that they are of high quality.
The last stage: A copy of all the previously mentioned documents must be submitted, translated into the correct Turkish language and notarized by the notary or notary.
Advantages of obtaining a tapu in Turkey:
Obtaining a title deed in Turkey has many advantages, including:
One of the biggest benefits is the security it provides.
Having a title deed proves that you own the property and that ownership cannot be taken from you without legal permission.
It also makes it easy to transfer ownership, making it possible to sell or rent your property easily.
In addition, having a title makes it easier to obtain financing, as lenders are more likely to approve real estate loans with title deeds.
Finally, having a title can help lower taxes as some of them are calculated based on the value of the property.
title deed tax in Turkey:
The title deed tax is a tax imposed by the Turkish government on those wishing to buy real estate in Turkey, and it is not possible to transfer ownership of the property in the title deed records from the seller to the buyer before paying these expenses.
The title deed expenses are calculated on the basis of 4% of the price of the property to be purchased, and are paid in full before the start of the process of transferring ownership of the property.
In conclusion, there is no doubt that the article on the red title deed and the blue title deed in Turkey is a big topic that you cannot elaborate on in detail, but with our consultants we were able to provide you with all the information that revolves around the importance of the title deed in Turkey. Please feel free to visit our website for more information related to Real estate investment in Turkey and how to benefit from the title deed to obtain Turkish citizenship or real estate residence through it.
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