When you are in the process of buying real estate in Turkey, it is necessary to familiarize yourself with the types of title deeds so that you can obtain the correct document without falling into problems or errors.
If this topic interests you, you can follow these lines with us, where the discussion will focus on the title deed and its types in Turkey, and the contents of that document will be highlighted.
Table of Contents
- What is meant by the title deed document in Turkey?
- Types of real estate titles in Turkey
- Real estate registration fees in Turkey
- Documents required to obtain a title deed in Turkey
- Notes when extracting a title deed in Turkey
- Advantages of buying real estate in Turkey
What is meant by the title deed document in Turkey?
Tapu is the official document that proves ownership of a property in Turkey and is issued by the Land Registry Office and includes information such as the owner's name, address, size and location.
The Title Deed can be used as proof of ownership for legal purposes, such as selling or renting property, and it can also be used to obtain utilities such as water and electricity.
Types of real estate titles in Turkey
Real estate titles in Turkey have many types and options that you can see below:
First: the agricultural title deed (blue)
The title deed is the document that regulates agricultural investment in Turkey and proves ownership of the land. The title deed is issued by the Turkish government and gives full details of the property owner, including the name, address and date of purchase. The title deed also specifies the procedures and costs associated with obtaining the title deed.
Second: The red title deed (residential)
When you want to buy a property in Turkey, you should know several important and basic points about the subject of title deeds and their types in Turkey, the features and characteristics of each type, and the most important point you should be aware of is the difference between the red Title Deed and the blue Title Deed.
The red Title Deed is for residential units (house / villa / apartment) or even the land covered by the organizational plan, and the blue Title Deed, on the other hand, is for agricultural lands, as we mentioned earlier. The title deed document also includes information about the property owner, the property itself, and the numbers identifying the property, In short, it is an important document that proves ownership of the property.
Third: Floor easement title
The floor easement is a type of title deed in Turkey that defines the rights and obligations of the property owners. The floor easement deed includes information and details about the property such as its location, area and number of sections. For the full title deed, the type of property is explicitly specified (apartment - office).
The main purpose of the ground easement is to allow the erection of buildings on the floors of other buildings.
Fourth: Real estate easement title
The title deed of the real estate easement in Turkey can be defined as marking the title deed of a land unless any buildings have been built on it yet, or for a land whose construction has not yet begun.
Fifth: The title deed of joint ownership
Joint title deed is a modern procedure of its kind in Turkey in which “joint ownership” is registered, this term means the property registered in the name of more than one owner and can be used for residential or commercial purposes, this type of title deed is suitable for those who want to buy a property with friends or individuals family.
While buying a property with a joint title, all the partners must submit a statement of their shares in the ownership, for example, if one partner wants to sell his share to another partner, he must first obtain the consent of the other partners.
Real estate registration fees in Turkey
When it comes to buying a property in Turkey, it is important to be aware of the Tapu fees that will be incurred and these fees can vary depending on the type of property being purchased, but in general they are very reasonable and in most cases, Tapu fees are just a one-time payment At the time of transfer of ownership however, there are some other associated expenses that may be required, such as the appraisal of the property by a licensed appraiser and in general, the Tapu fee is a relatively small cost when compared to the total cost of buying a property in Turkey.
Documents required to obtain a title deed in Turkey
The following documents are required to obtain a title deed in Turkey:
A copy of your passport or identity card.
A copy of the sales contract.
A copy of the area plan.
Registration certificate from the Land Registry Office.
Notes when extracting a title deed in Turkey
1 - Getting a title deed in Turkey can be a complicated process, but there are a few things you can do to make it smoother. First of all, make sure you have all the required documents in order and you will need your passport, residence permit, tax number, as well as a deed. The property itself will also need to be obtained by a notary who certifies the documents.
2- Once you have everything arranged, you will need to go to the local Land Registry office to start the process and the staff there will help you fill out the necessary paperwork and submit them for approval and the whole process can take several weeks, so be patient.
3 - Once the title deed is approved, you will be able to pick it up from the Land Registry office and they will give you a receipt that you will need to present to the bank when you go for your mortgage or loan.
4 - The property owner must be present to sign the documents, and the title deed must be registered in the name of the owner and not in the name of the company.
Advantages of buying real estate in Turkey
The real estate sector in Turkey is now considered one of the best investment destinations, especially for Arab investors in the recent period, as they always seek to benefit greatly from the advantages of buying real estate in Turkey.
The advantages of buying real estate in Turkey are many, the most important of which is obtaining Turkish citizenship and obtaining real estate residence where you can apply for Turkish citizenship if the property is worth 400 thousand dollars and prices. Among the advantages of buying a property in Turkey: buying real estate in Europe and the European Union, which will cost you expenses Great starting price hikes of the house plus taxes and fees.
If you have any other questions related to the real estate aspect in Turkey or any aspect of its laws, just contact us so that we provide you with all adequate answers in this regard and to help you find the right property for you and your goals.