Buying a property in Turkey throgh the electronic taboo is generally an easy thing if you find the right property, and although there are many points and steps that you should focus on when buying a property, the safety and ease of the purchase process remain important factors, and in this article we will explain the importance, advantages of the electronic title deed in facilitating the process of extracting the title deed and real estate transactions.
The necessity of obtaining a Tapu "property document"
No matter how many contructs you make between you and the seller of the property, the purchase contracts "even if certified by a notary public" remain in dispute unless they are fulfilled, and the purpose of any property purchase contract in Turkey is to complete the process of purchasing by transferring the ownership from the seller's name to the buyer's name, and then Extracting a new Tapu document containing your name as the new owner of the property.
The importance of the electronic title deed system in Turkey
After the increase in the number of purchases and sales of real estates in Turkey, and to reduce the pressure and occupancy in the title deed offices, and to facilitate real estate transactions so that there is no need to waste time and keep waiting is lines, the electronic title deed system appears online to facilitate and organize all electronic title deed transactions.
Advantages of electronic title deed in Turkey
Communicate with the Real Estate Registry Department via the Internet, send and receive files, conditions and steps required for any real estate transaction, so that it is not necessary to visit the title deed departments more than once at the end of the transaction if necessary.
Through the electronic taboo system, which will operate mainly on the Internet, real estate information can be viewed and reviewed at any time.
Giving permissions to other people to view real estate's information, such as granting permission to a potential buyer of the property to review the real estate's information in a safe and reliable manner, as if he had checked the title deed department.
Granting an official authorization to any real estate agent to display real estate information or removing this authorization at any time, which will facilitate the sale of real estates and ensure its safety.
Follow-up on purchases after the applicant completes the necessary steps and payments, so that a short message is sent containing the fees to be paid, in addition to specifying a date and time to complete the ownership transfer transaction, so that it must be adhered to and there is no waiting in queues.
It can be controlled by real estate owners to decide whether to allow transactions on their properties or to raise this feature.
The electronic taboo service sets records with the number of users
After the launch of this service in 2020, the electronic taboo service facilitated the work of everyone who wants to conduct real estate transactions, as 113,000 real estate transactions were completed in Turkey using this new technology only in June of the same year, which constitutes more than 30% of the total transactions on real estate in Turkey, which amounted to 357 thousand real estate transactions in total.
If you are in a small city within Turkey or within a village, you will not notice the benefit of the electronic taboo feature in Turkey, but in large cities such as Istanbul, the matter is completely different and all the scales become different.
Considering that Istanbul alone records half of the real estate sold in Turkey, the presence of the title deed service has made the process of buying a property in Istanbul easy for you, so that you do not visit the title dept until after completing all the necessary stages.
In terms of material benefits, it is expected that the system of buying real estate through the electronic title deed will contribute to saving more than 110 million Turkish liras as excess costs, which were necessary due to the old title deed system, and most of them will be canceled or reduced after the new electronic title deed system.
Carefully selected real estate and easy procedures with Glovision
By taking advantage of all the new real estate technology that offers in Istanbul, both in terms of construction and modern specifications, new ways of covering and insulation, as well as ways to conduct all transactions, our team strives to keep pace with everything that would give you the best experience of buying a property in Istanbul in the easiest and best way.
Not only that, but Glovision with its expert real estate advisory team, in addition to the legal support team and after sales customer follow-up teams, will make your new life in Istanbul the experience of a lifetime that you will wish you had started as soon as possible.... Contact our team today and get a free consultation.
