Printer Friendly

Property law and title deed transfer.

ySTANBUL (CyHAN)- What are the most important matters demanding attention when buying a property in Turkey?

The ownership

Who owns the property? The ultimate source of updated information on the ownership of a property in Turkey is the land registry directorate records. Please rely on the information from this office and nothing else. A certificate of land registry may also be an old one, so do not only rely on the certificate.

Liens and remarks on the land registry

A buyer is supposed to check liens and restrictions on the property, so if you buy a property with liens on, it is assumed you are aware of this.

How to check the registration of a property

It is assumed that buyers are aware of liens because land registry records are open to the public. Despite this, registry records are not easily accessed. In practice, it takes tears, time, effort and frustration to find out the information. It is doable, but I suggest that you hire a professional to perform the task for you. As mentioned above, if you do not check the ownership rights before you purchase a property, you are exposed to the risk of buying it with liens.

Check if the owner is able to submit to you the habitation certificate.

The habitation certificate is important; however, there are buildings in which people are living without a habitation certificate. In practice, construction work is done on the basis of a written agreement between the contractor and client. Within the framework of such a contract, a contractor undertakes the construction of a building for a client in consideration of a certain fee. A contractor is under obligation to commence, continue and accomplish construction in a timely manner. In some cases, the habitation certificate is not provided by a contractor. There may be several reasons for this, and the most important reason could be that the final structure of the building is not in line with the plans or the zoning plan. It should be highlighted that occupancy permits can only be granted by authorities upon the completion of the construction. In Turkey, a completed building can enter legal use after obtaining construction, zoning and occupancy permissions. Most locals do not worry about it though, and there are buildings inhabited in the absence of a habitation certificate. However, it is not a good idea to buy a property without a habitation certificate as this is an obstacle to many transactions. For instance, banks will not finance a building without a habitation certificate.

These three items are the most important elements of a property transaction. There are certainly a lot of things to be considered, and if you would like to know about a particular matter please do not hesitate to ask

NOTE: Berk Ecektir is a Turkish lawyer and available to answer questions on the legal aspects of living and doing business in Turkey. Please kindly send inquiries to b.cektir@todayszaman.com. If a sender's letter is published, names may be disclosed unless expressly stated otherwise by the sender.

DISCLAIMER: The information provided here is intended to give basic legal information. You should obtain legal assistance from a licensed attorney at law while conducting legal transactions and not rely solely on the information in this column.

BERK EcEKTyR [Cihan/Today's Zaman] CyHAN

Copyright [c] 2015 Cihan News Agency. All right reserved. Provided by SyndiGate Media Inc. ( Syndigate.info ).
COPYRIGHT 2015 SyndiGate Media Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2015 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Cihan News Agency (CNA)
Date:Dec 21, 2015
Words:569
Previous Article:CHP faces a test over its old coup culture.
Next Article:Insights on Syrian culture and values.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters