A real estate change hands or transactions are made on it, and this gains legal validity with official transactions carried out in the land registry. Therefore, every step taken during the land registry transactions is of great importance. Here is the basic information you need to know:

1. What is a Title Deed?
   A title deed is an official document showing the owner and ownership status of a real estate. The title deed is issued by the General Directorate of Land Registry and Cadastre and is under state guarantee.
   
   
2. Types of Title Deeds
   Condominium Title Deed: It is issued for independent sections that have been completed.
   Floor Allocation Deed: It is issued temporarily for independent sections in projects where construction is ongoing. •    Shared Deed: Indicates that the property has more than one owner.
   Land Deed: It is issued for plots or fields that have no structures on them.
   
   
3. Title Checks During the Purchase Process
   The following checks must be performed before purchasing a real estate:
   Mortgage, lien or annotation
   Is there a shareholder in the land registry? Should be learned
   Zoning status and municipality approval should be questioned
   Condominium ownership If any, it should be stated in the land registry
   
   
4. How are Title Deed Transfer Transactions Performed?
   The buyer and seller make an appointment and go to the Land Registry Directorate together.
   Documents such as identity, photocopy of the title deed, DASK policy are prepared.
   Depending on the sales price, title deed fee and revolving capital fee is paid.
   The land registry officer approves the transaction after receiving the declaration of the parties and the new title deed is issued in the name of the buyer.
   
   
5. Expenses and Charges
   Title Deed Fee: 4% of the sales price (can be shared between the buyer and seller)
   Revolving Fund Fee
   Tax Debt Inquiry: Debts such as real estate tax etc. must be closed.
   
   
6. Things to Consider
   Transactions should be made with the person specified in the title deed (if a transaction is to be made with a power of attorney, the validity of the power of attorney should be checked).
   Verbal agreements should not be trusted, every transaction should be recorded with official documents.
   A photocopy of the title deed is not sufficient, It is recommended to query the title deed record via e-Government or the directorate.
   

Secure Transaction with Expert Consultancy

Title deed transactions are a process that requires technical and legal knowledge. Incomplete or incorrect transactions can cause serious problems in the future. For this reason, getting support from a real estate consultant who is an expert in the field protects you from risks and speeds up your transactions.