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Legal Information
The ownership is anchored in article 35 of
the Turkish Constitution. This article stipulates that anyone is entitled to
ownership and that these rights can only be restricted by other legal
stipulations. The restrictions may consist, for instance, of zoning schemes,
restrictions applicable to foreigners and matters such as having the right of
way.
The ownership regulations
are elaborated in the Turkish Civil Code. This describes how ownership is
acquired. For the purchase of real estate by a foreign person, especially the
entry in the land register is important.
In Turkey there are
regional directorates of the land register in 15 places, which are subdivided in
provincial or district offices. In principle, the land register is accessible to
everyone.
In Turkey the ownership of
real estate is obtained by entry in the land register (article 633 Turkish Civil
Code) and the simultaneous delivery of the real estate. These two steps must be
taken in the way described in the Turkish Civil Code; moreover, all formalities
must be fulfilled. Any non-observance of the formalities will result in failure
to acquire the real estate, which in turn causes great disappointment to both
the buyer and the seller.
On the next pages, the two steps will be
discussed in greater detail as well as the defects that may occur.
Acquiring real estate in
Turkey involves many regulations. Not only must formal regulations be taken into
account, but foreign persons must also heed the various legal exceptions to
acquire real estate.
As more and more
foreigners wish to have a pied-à-terre in Turkey and more and more firms set up
subsidiaries in Turkey, we recommend carrying out a thorough investigation
beforehand.
The zoning scheme, the
antecedents of the selling party and the legal restrictions imposed by the
Turkish legislation are aspects that should be approached objectively and
professionally.
villaland’ s Consultancy’
may offer valuable assistance in this investigation. Indeed, many of our clients’
problems could have been prevented by having an objective and thorough
investigation carried out.
With over 10 years of
experience in Turkey we have become experts on this particular issue. All of
ourconsultants have excellent oral and written command of the Turkish language,
thus minimising any communication problems and enabling us to explain the
contents of official Turkish documents to you.
If you should have any
further queries, would like to receive additional information, or are interested
in a personal conversation, please do not hesitate to contact us.
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