Preparation before the transfer
The seller prepares the title deed, identity document and DASK earthquake insurance policy; the buyer prepares an identity document and the payment plan. A letter confirming that no property tax is owed is obtained from the municipality; any debt is settled before the transfer.
Appointment
The title deed appointment is booked through the land registry's electronic system. The sale price and the parties' details are entered into the system before the appointment date.
Fees and charges
The title deed fee is calculated on the sale price; the law sets it separately for buyer and seller, and in practice the contract states who pays. The land registry's service fee (döner sermaye ücreti) is paid separately. Declaring the actual sale price, and paying the fee on it, protects both parties from penalties later.
If a mortgage is used
The bank's valuation report is obtained beforehand; the mortgage is registered at the land registry on transfer day. The loan amount is transferred directly from the bank to the seller; how the remaining balance is paid must be stated in the contract.
Transfer day
The parties or their representatives attend the land registry office. The registrar reads out the transaction, the parties sign, and payment is made at the same time as the transfer. If someone acts under a power of attorney, it must be drawn up by a notary, or apostilled if issued abroad, and expressly include the authority to sell.
After the transfer
The new owner transfers the electricity, water and gas accounts into their name and notifies the building or estate management. The property tax declaration is filed with the municipality by the end of the year in which the transfer takes place.
We schedule the title deed process for our clients, collect the documents in advance and attend the land registry on transfer day. Contracts are reviewed by our office's lawyers.