The Role Of A Notary In Turkish Property Transactions
The Role Of A Notary In Turkish Property Transactions
Congratulations, you have found one of the best homes to buy in Turkey. You have scouted dozens of properties with your real estate agents and have made your choice. While you are excited, you should know that you need to go through several steps to claim your property. In Turkey, you need a notary to help you execute your real estate transactions.
Who is a notary?
A Notary is called a “Noter” in Turkey and is a public official that has the legal capacity to authenticate various real estate transactions in the country. As a Turkish public official, he can legally authorize various transactions and documents through the powers that the law has granted him. A Turkish notary is indispensable in all real estate transactions.
A Turkish notary is mandated to certify various documents in the country. These include driver’s certificates, passports, personal identities, sales and purchase contracts, private and public agencies, marriage contracts, and so on.
What does a notary do in Turkish real estate?
A notary helps to certify real estate transactions between various parties. This way, they help to avoid potential disputes whenever there is a real estate transaction. Turkish notaries have the power to issue real estate documents and validate all signatures on documents.
Between the notary and Land Registry in Turkey
In Turkey, both the notary and the Land Registry perform similar and conflicting duties. However, the primary duty of the Turkish Land Registry is to ensure that all land registry records are updated. The office of the Land Registry ensures full public disclosure of real estate rights.
This means that anybody that publicly states their interest can visit the Land Registry in the country. This means that the Land Registry holds all real estate records to avoid false claims and disputes. Also, where the Land Registry differs from the notary is the documents that they are only allowed to issue officially. However, both offices perform similar roles because they have the power to authenticate legal transactions.
The benefits of a notary in Turkish real estate transaction
The use of notaries makes buying and selling real estate in Turkey a lot safer and faster. It has been validated that the use of notaries for real estate transactions helps to decrease the intensity of the bureaucratic process. Involving notaries in real estate transactions in Turkey makes the process less complicated.
Buying a house in Turkey: Do I need a notary for this?
Before you buy your dream Turkish house, the zoning status and land registry should be examined. To get the sales contract, you will need to visit a Turkish notary and make the payment. In Turkey, buying a mortgaged property without examining its title deed can make you lose this house. You should consider the property zoning status of any real estate asset before buying.
Otherwise, you could have bought an illegal structure that may have been marked for demolition. If you want to purchase a property in Turkey, you need to ensure that a Turkish notary public signs the contract with you. You need one to oversee and sign the contract – this way, they help you verify that the entire procedure is in line with Turkish property laws. A notary will also help you make any alterations to the title deed if the need arises.
