Real estate purchase and sale tax is a type of fee collected from both the buyer and the seller during the purchase or sale of a real estate (such as land, plot, residence, workplace).
It is the process of dividing a plot of land or land into multiple new parcels within the framework of appropriate plans and projects, while it is registered as a parcel in the land registry.
Thanks to the zoning plan, it is determined in advance how a settlement will grow, where houses will be built, and where parks, roads or school areas will be located.
Type correction is the process of changing the quality information (i.e. "type") of a real estate (such as land, plot, field) recorded in the land registry to reflect the actual situation.
This insurance system, which came into effect in 2000 after the 1999 Marmara Earthquake, is run by the Natural Disaster Insurance Institution (DASK).
If the sale is made through a real estate agent, both the buyer and the seller are obliged to pay a commission of 2% of the sales price.
The commission is only taken from the tenant and a written contract is required for this transaction to be considered valid.
Real Estate Procedures Carry Legal and Financial Responsibilities. Authorization is forbidden to realize without document and have penalties.
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