What is the electronic taboo in Turkey, what are its types?
In light of the spread of the new Corona virus, The electronic taboo has become one of the best ways to register real estate in Turkey remotely. The General Directorate of Land Registry and Land Survey of the Ministry of Environment and Urbanization launched the electronic Land Registry system in Turkey, coinciding with the spread of the new Corona virus, A third of real estate sales in Turkey were made according to the electronic title deed system in June 2020.
What is the electronic taboo?
In light of the boom and growth of the real estate sector in Turkey and the continued demand of investors to buy real estate in the Turkish lands, the Turkish government continued to launch all means to help investors to buy real estate in Turkey easily through the use of the electronic title deed to register their property while they are in their country electronically, where you will learn about the electronic title deed, which is:
What is the electronic taboo? It is an electronic system launched by the General Directorate of Land Registry and Land Survey of the Ministry of Environment and Urbanization, and it is the document that regulates a specific property. The ownership of the property is proven by the person mentioned in the document, It contains information about the property. and real estate survey numbers, It specifies the location of the property. It also provides you with electronic property registration forms in the electronic title deed, And mortgage documents through electronic signature.
A third of real estate sales in Turkey are made according to the electronic title deed system
Coinciding with the outbreak of the Corona pandemic, The electronic taboo system in Turkey has achieved, which was launched by the General Directorate of Tabu, The Real Estate Survey of the Turkish Ministry of Environment and Urbanization, In March 2020, A great success in facilitating the completion of a large part of the electronic taboo transactions in Turkey from a distance, In order to provide a more precautionary climate from the new epidemic of Corona that invaded the world, It changed its lifestyle.
The General Directorate of Real Estate Land Registry in Turkey said, In June 2020, 113,000 real estate sales were completed. Through the electronic taboo system, i.e. approximately one third of the total number of transactions, Which amounted to 357 thousand sales transactions.
The General Directorate of Land Registry and Land Survey carried out this achievement in July. Which witnessed an unusual movement in transactions related to real estate sales in general, and sales of apartments in particular, Especially in conjunction with the huge movement witnessed by the residential apartments market, After lowering interest rates.
The electronic taboo system allows auditors to complete their real estate transactions completely via the Internet from a distance, It remains for them only to review the Tabu directorates, To do the last signature on the documents in the Tabu Directorate, The system also allows them to obtain a title deed, and title deeds registration forms, And mortgage documents through electronic signature.
The General Directorate of Land Registry and Land Survey provided the site with a guide. Allows users to get acquainted with the detailed steps needed to complete various transactions, Accompanied by several instructional videos, Which makes it easier for the auditors to perform their transactions with ease and smoothness.
It is expected that the electronic taboo system will contribute to saving approximately 100 million Turkish liras. Of the costs and expenses of transactions completed in the directorates of Land Registry and Land Survey throughout Turkey.
Owning real estate in Turkey
In light of the increase in real estate ownership in Turkey and the increase in the number of Arab investors in the Arab countries, a lot of people are interested in the issue of title deed, which is one of the most important real estate matters through which you register the property you owned in the Turkish Tabu Directorate:
There were many questions from apartment buyers in Turkey and questions about the types of title deed in Turkey, as we explained to you in detail in this article everything related to extracting the title deed.
What is the normal tapu in Turkey
(Tabu) “title deed”: It is the document that regulates a specific property, The ownership of the property is proven by the person mentioned in the document, It contains information about the property. and real estate survey numbers, It specifies the location of the property. This document is regulated by the Directorate of Real Estate Registry of the Turkish Ministry of Environment and Cities, known in some countries as real estate.
The title deed (Tabu) is only given to the owner of the real estate (the legal owner). As for the persons who own rights to the property in question other than the right of ownership (such as the lessor or the mortgagee), they are not given the title deed.
If the property is owned by more than one person, Only one bond is granted, It details the share of each owner of the property.
The title deed shows the ownership of the person whose name is mentioned in the real estate deed. If only one person’s name is mentioned in the owner field without mentioning a percentage such as 1/3 or other, This means that the property is fully owned by the person mentioned in the bond only.
If a certain percentage is mentioned, this means that there is a partner in the property. And that the person whose name is mentioned owns the property to the extent of the percentage mentioned in the deed.
Partners in a single property are considered partners in all sections of the property. The partner in the real estate does not have a designated part of the real estate. But all the partners share in the whole property.
Types of Tapu in Turkey
- Agricultural title deed in Turkey
real estate or agricultural land, Two names indicating the same name, It is the land whose owner has the right to carry out any agricultural work or the like, such as raising poultry or livestock within the owned land allocated for this project.
The title deed for this type of land is known as the blue tabu.
This is to distinguish it from the red taboo for residential units (house – house – villa – office) or even the lands included in the city’s organizational plan.
But sometimes the agricultural land in the title deed may have recently acquired the status of reconstruction due to a change in the reconstruction plan in the region. While remaining on the bond as agricultural land, due to the lack of review to change the sex of the property, In this case, the information must be provided by the concerned municipalities, , The article types of agricultural title deed can be reviewed for more details.
- Building bonds are a type of Tapu in Turkey
In this type of title deed in Turkey, remember the general property information, Without mentioning the information on the independent sections of the property.
This means that the property is registered as a single block and not as separate sections. such as detached houses, barn and its outbuildings, warehouses and factories.
- real estate easement bonds
They are Tapu bonds that record each section of the property separately. So that a suitable project is planned to be built on a designated plot of land, Then building approval is obtained. After that, the project is divided into independent sections, such as apartments within the architecture.
For each section, a special document is organized showing the location of the independent section and its information. Without considering whether the project has been started or not, The type of real estate in such bonds states that it is construction or agricultural land, due to the fact that the construction of the project has not been completed. After completion of construction and obtaining housing approval, Title deeds are allocated to the property.
- Floor easement among the title deed documents in Turkey
It is necessary to obtain a record of the floor property to protect the rights of the property owner, The floor ownership record is the document obtained to show that the owner has the right of ownership in the specific floor of the building. The floor ownership record in brief is proof that the entire building was built in accordance with the building law.
There is another record called “floor easement” and it is called in Turkish (Kat irtifakı), The construction contractor usually issues it, To obtain the necessary funding for the project, This register specifies the real estate shares and the share of each owner. In the floor easement register, only the middle column is indicated in the property title deed (Tabu). What gives the title deed (Tabu) the status of an easement deed and is not considered a complete title deed.
- full title deeds
It is called in Turkish (Kat Mülkiyeti), These are bonds that record the ownership of real estate after the completion of its establishment completely. and designate its independent sections with approval to use each section separately, Each section has its own full title deed. The ownership of the bond holder is proven on the independent section of the aforementioned building.
Also, title deeds and easement deeds differ from titles of agricultural lands and lands suitable for construction in terms of the information contained therein. Where it is stated in these bonds, The number of the apartment or the independent section, its location in the building, and its share of the land on which the building is built.
In the absence of such information in the title deed, This means that the property in question has not yet obtained the full title right or the right of real estate easement.
But if he mentions the independent division number, its location, its share of the land and other information related to it, and his gender as an urban land, This means that the property has obtained an easement right, In the event that the sex of the property is mentioned as a building, a villa or an apartment, this means that the property in question has acquired the full right of ownership, Where this is known by indicating in the tabu type box: Outright ownership, real estate easement, or transitional ownership.
- housing approval
It is the approval issued by the municipality for buildings that are constructed according to specific standards. Where it proves that the building in question has been constructed in accordance with what was mentioned in the approved construction project. In order to obtain housing approval, the standards imposed by the state must be adhered to. As the presence of a ladder for fire and emergency situations, The construction shall be earthquake resistant. Adequate extinguishing cylinders are provided within the building and others.
The task of obtaining housing approval rests with the contractor or the construction company executing the project. After obtaining housing approval, the easement bonds of all buyers are converted into full title deeds.
- Transitional Title Deed – Participation Deed
Transitional ownership: It is the right of ownership in real estate for a specific period of the year. Where the transitional ownership of the property is determined for a period of 7, 10 or 15 days of the year, for example.
It means: Purchasing a property in partnership with specifying the period of use for this property, It is common in holiday real estate and the like. The owner has all the rights of ownership from selling, renting and assigning his right to other people.
- Joint Land Registry – Tapu Document in Turkey
The joint land registry (Tabu) is a modern procedure of its kind in which the property is registered in the name of more than one person at the same time, This application is considered one of the new investment tools in the Turkish real estate market. Where more than one person can own the same property.
In this type of real estate registry entries, the property is registered in equal or different proportions between the partners according to their desire.
note: We advise real estate investors looking to invest in Turkey to go to one of the companies that provide them with their real estate and investment services, offers, opportunities, and reason for their understanding of the real estate market in Turkey, as well as because of the large Turkish real estate market.