Tapu | Title Deed
- January 13, 2018
- Posted by: elittc
- Category: Guide to Buyers, Real Estate, Real Estate
After you buy an apartment in Turkey and finish all payments you should get TABU it means ownership papers that prove that you own apartment for government
also TABU should contain some information like ownership name and clear picture for him and also apartment details
after that all this information in this official document which supplied and achieved provided by tabu and cadastro general directorate
the title deed ( Tabu ) has to be sealed with stamp in the central part at the bottom of the document
EXPENSES OF PROPERTY PURCHASE IN TURKEY.
TRANSFERRING OWNERSHIP FOR PROPERTY :
Like the most countries all over the world the main condition while signing the title deed ( TABU ) the both of buyer and seller should be exist or someone who has an official agency from notary.
Cost of registered agency from notary :Approximately 100 dollars
Cost of transferring ownership.
4% from total property price that’s why most of people sign their properties less than its real value to pay less amount in TABU directorate
Amount of registration in tabu directorate :Approximately 70 dollars Annually cost
Ownership tax : Very little amount approximately 0.01 paid in end of each year.