Title deed is a document issued by the General Directorate of Land Registry and Cadastre showing the address, location, ownership and registration information of the land and independent section in the land registry register. TKGM LOGO
The General Directorate of Land Registry and Cadastre (TKGM) is one of the oldest institutions established in 1847 as Defterhane-i Amire and is the legacy institution of the Ottoman Empire to the young Republic of Turkey.
The General Directorate of Land Registry and Cadastre is authorized to archive land registries, and its land registry offices are located in every city in Turkey. It does not matter if you lose the title deed, the information in the land registry is essential. Land registry is transferred and archived by this directorate.
All properties in Turkey offer property rights. When you own your own property, you and your family have all the rights to it.
There are 3 types of title deeds in Turkey:
1. Share Deed: It is a type of title deed that shows the partners of a real estate. The number of partners and the names of the owners are clearly written in the share title deed.
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2. Land Title Deed with Condominium: It is the land title deed for your share of the independent section such as floor, apartment, warehouse, workplace that you want to buy on the land to be built or built.
3. Detached Deed: This is when the immovable property belongs to a single person. Both a natural person and companies and institutions can own a detached title deed.
Title Deed Transfer
The transfer of immovable property is called title deed transfer. The title deed transfer takes place at the relevant land registry offices upon the seller’s application. There are 2 ways to apply to the Land Registry Office. You can easily make your application process by making an online appointment through the official website of the General Directorate of Land Registry and Cadastre. The other way is to go to the relevant government office and enter your Turkish ID number on the queue management system to get a queue. However, priority is given to those who make an appointment online.
Things to Know About Title Deed Transfer Procedures
– Applications can be made until noon on weekdays.
– The buyer and seller must be present at the relevant land registry office for the title deed transfer. However, the transaction can also be completed through proxies with the necessary documents.
– You must be at the Land Registry and Cadastre Directorate building 15 minutes before your appointment time.
Documents Required for Title Deed Transfer
– Identity cards of the buyer and seller and a photocopy of each,
– A document showing the real estate declaration value,
– “No Tax Debt” letter from the municipality to which the immovable is connected,
– Original and photocopy of the title deed of the immovable,
– Compulsory DASK insurance for the residence or workplace, (If the immovable does not have DASK insurance, it must first be purchased from any insurance agency since the purchase and sale cannot be made)
– Power of attorney if the real estate agent or a fully authorized person will carry out the purchase and sale transaction.
Sellers who have these documents with them can handle the transaction without any problems. However, different documents are required for the transfer of legal entities.
Documents Required for Transfer of Companies and Legal Entities
– Signature circular of the company official
– Original and copy of the company’s tax certificate,
– A copy of the registry gazette with the last board election,
– An authorization document clearly stating the authorization and the identity information of the authorized persons for the sales of immovable property
– Power of attorney if the sale will be made by proxy,
– A letter from the relevant municipality regarding the current value of the immovable subject to fees and no tax debt.
How Does the Title Deed Transfer Process Work?
For title deed procedures, a preliminary application is first made to the land registry office. The person is informed about the transaction via SMS sent to his/her cell phone. Title deed fees are paid through banks. The buyer and seller apply to the Land Registry Directorate with the requested documents. An application receipt is received and the process begins. All issued documents are certified and delivered to the authorities. After the submission of all documents, the title deed is transferred. After the transactions carried out in a short time, the title deeds of immovable properties such as land and houses change hands.
