These
details are to act as a rough guide only as each
developer and development may have different
payment schemes available.
When
you have found the property of your dreams a non-refundable
holding deposit is given to the developer to
hold the plot or property.
It
is usually secured for 30 days at this point.
To
secure the title
of a property, an application is then sent to the
land registry
office.
Here
they will check the necessary
searches and checks, and transfer of the title
is done by the land registry office.
In Turkey, it is
compulsory for the vendor and the purchaser to
both be in attendance when the details are
recorded in the property register.
The
construction company will draw a contract with the
purchaser laying out all of the terms and conditions of the purchase.
A legal translator will
be in attendance at all stages to act on behalf
of the Purchaser.
The
translator then
takes the purchasers passport (s) to the Notary for
translation.
This is
required for
the security and property location checks.
The translation takes a
maximum of half an hour, after which the
passport (s) will be returned to the purchasers.
Once the application has been
accepted by the Land Registry Office, it takes
2-3 for months for the security and property
location checks to be approved.
On
new build ,
within 3 months of the buildings completion,
the purchaser has to complete an affidavit and submit
it to the local government for tax purposes.
The
Construction companies are generally happy
to guide purchasers through this process from
start to finish.
