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(PRWeb UK) April 16, 2012
The process of buying property in Turkey is easy enough, but there are areas that can travel up to alert investors Colordarcy, especially when it comes to Tapu (Title Deed)
.Tapu
are the most important documents you need as an investor in Turkey, according to the properties Colordarcy. Tapu is basically the title deeds of properties in Turkey, be it an apartment, house, land or complex.
Without
Tapu, investors can not legally property, sell property or complete the buying process in Turkey. So to avoid the horror stories often seen on TV, Colordarcy urge investors should ensure that documents are processed as soon as possible.
One important thing to note is that the act Turkish title is not really an action in the English sense of the term. So the title to the property can not simply be transferred simply by switching to a potential buyer
.
Investor
or legal representative must visit the office to include the bill of sale. The whole process will be in Turkey and is a legal requirement for foreign buyers using a translator. Once signed the contract between the seller and the buyer, an official act will enter the transaction in the log book and list the name of the buyer as the new owner.
Loxley McKenzie
Colordarcy Managing Director commented: If you buy property in Istanbul or in other areas of Turkey, with foreign ownership restrictions, you will not get a Tapu. Before investing, remember that without Tapu, will not have the legal right to the property you purchased and you could risk losing your money well.
One important thing to remember is that without Tapu, investors will not be able to sign for DASK government insurance covering the property against the threat of earthquakes.
Editor’s Note
of:
Colordarcy is a leading real estate investment company specializing in search of a good positive cash flow for investment around the world. Colordarcy investment portfolio includes some of the best real estate properties for sale in Atlanta, in Brazil, Florida, Turkey and Great Britain.
For more information, support, image or logo image, please contact:
Steve
billing
PR Manager
Tel: +44 (0) 207 100 2393
-mail: press (at) colordarcy (dot) com
Web: http://www.colordarcy.com/
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