Turkish government reduces a term of real estate registration

Turkish government reduces a term of real estate registration

Buying of real estate in Turkey will be easier and faster. The authorities of the Turkish Republic facilitated the process of property registration for foreign buyers, according to ee24.com citing antalyatoday.ru. Now all the documents will be ready within a few days.

For the completion of the real estate sale in Turkey buyer needs to get TAPU - the title certificate to the property. TAPU is issued by authorities by virtue of the agreement of sale and purchase, residence permit, and permit from military office. The latter document confirms that the piece of land where the real estate is situated, is not within the military zone.

Previously, obtaining of this permit took up to two months, during which the buyer had the uncertain status: the contract was signed, the downpayment was made​​, but the property was not transferred to the new owner. Now, if someone had received permission to this piece of land or the building earlier (since May 2011), it will be valid in future. In other words, if previous deal with the property was approved by the military office, new buyer does not need the permission.