What is it in Turkey?
In Turkey, Land Registry is a written and official document issued by the Land Registry Directorate that shows the owner and ownership of an apartment villa-shaped structure or part of the land built on a plot and land, which is considered valid in the legal field until any irregular situation is proven by Decrees. There is a separate title deed document belonging to each real estate. All information about real estate is included ada .the parcel is included on the IBU title deed document.
What Do the Colors of the Title Deed Document Mean?
what are the types of title deeds?
Within the borders of Turkey, there are two different types of land registry in different colors, pink and blue.
The title deed documents that have blue and pink colors on the title deed document are the same in design and content, have the same right, but are separated from each other by the quality they have.you can see these details in the title deed document
What is the blue color land registry document?
At the same time, the Blue colored land registry document is known as the land registry document, which indicates that the property is a plot, that there is no structure on it yet, or that Deconstruction of that structure has just begun in that region. Plots that have a blue title deed document indicate that condominium ownership has not yet been transferred, even if Deconstruction has been carried out.
What is the pink color land registry document?
The pink-colored land registry document within the borders of Turkey indicates that the apartment is the apartment, the areas of use and certain shares of the property belong to that person, after the completion of the construction of the property, the apartment, the villa, the approved independent sections in that project. Pink colored property deeds are given to condominium-owned properties.
What are the Types of Title Deeds?
There are three different types of title deeds belonging to real estates and properties within the provincial and district borders of Turkey. These are the title deeds of the floor easement, the title deed of the condominium belonging to that poroje and the title deed with shares. In addition to informing the buyer of the colors of the title deed document, or people who want to own a new property, they should definitely know these types of title deeds, which differ depending on the current structure of the real estate, its location or ownership.
The types of title deeds and their descriptions are as follows;
1- Floor Easement Deed
The floor easement deed is established on the building at the construction stage.
Floor easement is established on buildings that have not yet been started or are in the construction phase in that region. The Decayed land under construction is registered by the regional provincial and district Land Registry Directorate. The official title deed document issued by the land registry office in order to show the shares of the rights holders who will buy an apartment from that place or have received it, is also called a floor easement deed. The building that has the floor easement deed is registered with the Land Registry Office; therefore, the document that has an official property is given to the buyer.
In the land registry document with a floor easement in the apartment, the door numbers of the apartments in the building, the shops, the areas belonging to those who will own the property, it was determined that the buyer is the owner of the property with that number. In other words, the area of each right holder in the property mentioned by the persons who have a floor easement in that area is determined separately. For this reason, persons and persons who have rights over the property in the apartment or villa also have a number of legal rights. In addition, a person who wants to own a property,or people who have a floor easement deed from a structure within the borders of Turkey and want to buy a house, can withdraw a housing loan from banks through this structure. Banks provide housing loans to buildings that have a floor easement deed.if the buyer has a floor altitude in the property he will buy, he needs to pay attention to whether there is a floor altitude
2- Land Registry with Floor Ownership
what is a condominium title deed?
Condominium title deed, documents that determine the property owner's rights over real estate.
a term used to separately define and indicate the property owner's private property right established on areas suitable for use on their own, such as floors, cellars, stores, warehouses of a finished building whose construction has been completed, and connected with common places. The condominium title deed in that complex is a type of title deed that takes place by registering each part of the completed construction on the rights holders separately. The title deed of the condominium in the building built on the plot, the documents showing that the owner of the property has the right of ownership of the independent Decontrol on the real estate.
In the title deed of the condominium owner, the characteristics of the building or villa are written. Information such as the face measurement, square meter, quality of the building located on the plot, the number of the independent section and common areas are included in the condominium title deed so that the buyer knows his right. “When the construction of the building is legally completed correctly and the buildings that have a residence certificate, that is, the porogeny is completed, the floor easement deed is converted into a condominium title deed.” People who want to buy a property with a mortgage loan are the most suitable type of title deed for people.
3- Share Deed
what is a share deed?
The value of immovable property that has any Share deed is low.it is useful to know this by the buyer when buying
A share deed in a property is an official document in which the numbers and names of the persons of the shareholders who have a share in any property are separately determined. In the share deed, the shares of the shareholders in that property do not appear separately in the total area; that is, it is not clear which area belongs to whom in this title deed document. Everyone has a share in a common proportion of any place on the immovable property. The shareholders make the distinctions of the seats by the division by consent-i taksim that they will make among themselves, that is, by Decoupling.
If you want to own a property, you should first learn the title deed type of the property you want to buy and make your future plans and investments accordingly.
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