PART I: PROPERTY IN TURKEY FOR RESIDENCE, AND TURKISH PASSPORT FOR CITIZENSHIP 2020 – 2021 – 2022 LEGAL ACQUISITION BY FOREIGNERS FOR BUYING TURKISH REAL ESTATE IN TURKEY
In Turkey, there is one legal process to own Turkish property, which is that ensuring payment by verified Turkish bank cheque should be preferred when decided for risk-free payment and relief to save time for the foreigner Buyer and the Turkish Seller, where they both go to a Turkish bank manager in Turkey and explain the detail that here will be the purchase for the Turkish property, to start the process at the Turkish bank. For these reasons, the bank manager will explain that after the Name Title Change on the Tapu (deed) has been exchanged, the original Tapu (deed) must be returned to the Land registry office to demonstrate that the sale has been completed.
The transfer of the sale’s amount from the buyer’s blocked funds to the seller in countercounted cash or via bank account transfer to finish the Turkish bank payment portion. Therefore, to complete the real estate sale transaction in Turkey quickly, easily, and safely, transfer of the new buyer name on the tapu title record at the Turkish government land registry directorates at 850 offices in Turkey should be done simultaneously at the new buyer’s free will. This will ensure risk-free foreigner real estate ownership in Turkey.
A PRELIMINARY BINDING CONTRACT FOR THE SALE OF REAL ESTATE IN TURKEY TO FOREIGNER, WHICH ARE ENTERED INTO BY PERSONS IN HAND WRITTEN OR WHICH ARE ISSUED BY THE T.C. PUBLIC NOTARIES, IS REQUIRED WHEN BUYING PROPERTY IN TURKEY FOR OFF-PLAN PROJECTS AND ONGOING CONSTRUCTION AND LEARN MORE ABOUT THE NEW ERA IN TURKEY’S LAND BUYING AND SELLING IN 2022.
Do not imply the transfer of Turkey real estate tapu or natural ownership.
They are contracts that include a future transfer commitment. Such contracts are not used to transfer real estate in Turkey.
If things do not go as planned, the seller has the right to deny such terms of sale at any time, risking a time loss in Turkish civil courts, as well as ongoing legal and lawyer fees.
The buyer may deny such under condition of sale that the seller does not want to encounter at any time, and the seller may choose to file a criminal complaint with the prosecutors office, which will also mean that the buyer waives all paid amount.
