Real estate ownership by foreigners or proof of ownership house in Turkey is lifetime ownership, and any foreigner is entitled to real estate ownership in Turkey except for Syrian nationality. There are certain conditions for real estate ownership.
Non-Turk real estate owners have the right, after obtaining the title deed, to register an inheritance file in the housing department in the city council to which the property belongs and bequeathed the property to their families. They are also entitled to apply for permanent residency in Turkey, or to apply for Turkish citizenship if the property price is not less than 250 thousand Turkish liras according to the latest amendments in the Turkish citizenship law in 2018.
It is considered bond ownership, called the tabu, is a deed that is a proof ownership house in Turkey of the property for a person, and there are many types of title deeds in Turkey. Learn about it in detail through the following article.
proof of ownership house in turkey (Tabu):
It is a document that proof of ownership house in Turkey for someone, and it is a document written in the Turkish language, as there is no official language approved in Turkey other than it, there are many types of title deeds in Turkey:
- Real estate easement bond.
- Full title deed.
- The transitional title deed (share deed).
learn about the difference between each type:
When the bond is delivered, some important points are translated by a sworn translator in the Lands and Land Registry Department in the city in which the property is located.
And any foreign resident has the right to buy and register more than one property in his name in Turkey. Provided that the area of land and real estate registered in his name does not exceed 25 hectares.
Advantages of the Proof of ownership house in turkey (Tabu):
The title deed proves the ownership of any person of the property, and it also regulates the right of real estate owners, and states detailed information about the property and its location. Title deeds are considered a document issued by the Turkish Real Estate Registry.
With regard to foreigners, all real estate transactions are carried out for them through the Real Estate Registry Directorate of the region in which the property is located.
The Turkish government has taken, as a step, to reduce the fraud that occurs when buying real estate for foreigners; by providing an electronic portal through which one can get acquainted with the real estate consultancy and information that foreigners wish to obtain before commencing the purchase of the real estate.
You can learn about the services provided through your key Turkey
Types of the proof of ownership house in turkey (tapu):
First, the “Kat Irtifaki” mortgage bond
It is an incomplete proof of ownership and is considered the first stage that must be performed before obtaining the full title proof of ownership house in Turkey.
The buyer or investor gets this bond if the property has not yet been completed (under construction) and has not been formally handed over to the buyer, but the property must be registered in the real estate department’s records and its location and number of each section of it and the owner of the property is mentioned The original for him,
And here, in the event that the construction of the building is completed and it obtains the housing approval from the municipality, the easement deed becomes a complete proof of ownership house in Turkey.
The easement bond is one of the types of title deeds commonly used by real estate investors in Turkey.
As the purchase of the real estate in its early stages of construction guarantees them the maximum possible profit in the property because there is a regular increase in selling prices that occurs from the beginning of the first phase of any real estate project in Turkey until the completion of its construction.
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Second, the complete title deed “Kat Mulkiyefi” as a proof of ownership house in Turkey:
It is a document in which it is marked on the category of complete ownership and in it states the building area, the number of apartments in the building, the place allocated to the buyer, his number, and the floor on which the apartment is located.
With the description of the apartment in detail, and proof of transfer of ownership from the seller to the buyer, the full title deed is considered legally completed and the buyer gets it after the building obtains the housing approval from the municipality.
The buyer has to pay the real estate tax imposed by Turkish law, which is equivalent to 3.9% of the real property price.
What is the housing approval from the municipality? How is it obtained?
After the 1999 earthquake disaster that struck the city of Izmir overlooking the Sea of Marmara near Istanbul, The Turkish state worked on laying new foundations and standards for construction in Turkey and imposed a new approach on building permits to avoid a similar disaster as Turkey is located within an active earthquake belt,
That is why all contracting and construction companies adhere to these standards, including:
- The building should be earthquake resistant
- Ladder for fire and emergency situations
- There are sufficient fire cylinders for the building
With this, a proof of ownership house in Turkey can be obtained from the municipality to prove that the place is in compliance with the Turkish standard conditions and standards for housing, and obtaining this approval is the responsibility of the company that constructed the building.
That is why you must be careful when buying a new property and make sure that there is housing approval from the municipality.
And after obtaining this approval, the easement deed is converted into a complete title deed.
Third, transitional title deeds (share deed):
It is a type of real estate title deeds that prove the buyer’s ownership in the property.
We do not recommend it to the investor, because in most cases the transitional title deeds (partnership bonds) are for old buildings that were built before 1999.
Most of these buildings were damaged by the 1999 earthquake and are subject to compulsory restoration work imposed on them by the Turkish government to strengthen the foundations and columns in them, and we do not advise investors to turn to this type of building.
As for the new buildings built after 1999, the participation bonds are not used as a purchase system.
In general, the share deed is a deed pertaining to real estate whose ownership is shared by more than one person, and each person has a specific share affixed to the bond. And it can be given only one bond that shows the share of each joint buyer in the ownership of the property,
It is also possible for each buyer to be given a bond of his own and in the field of the owner the name of the owner of the bond is written and his share of the property is mentioned. Which proves the presence of partners in the property.
Transitional title deeds are common in vacation properties. The owner enjoys all the legal rights of selling, renting and assigning the part allocated to him in the building.