Step by step this safe way to write a property purchase contract in Turkey
Last Updated: 2023-07-27
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Step by step this safe way to write a property purchase contract in Turkey
A contract of sale in which a specific person, the seller, transfers his right, which is his ownership of a certain thing, to another person, who is the buyer, and in return for this the buyer is obligated to pay the value of the thing he bought with an amount of money. The contract of sale is one of the binding contracts for both sides, as this contract generates obligations for each of the two parties involved, namely the seller and the buyer. These are the steps for writing the contract securely.
What are the most important steps that you should pay attention to when signing a property purchase contract in Turkey?
Ensuring that the signature takes place in a legal department: Never compromise on this matter. You must always make sure to sign a property purchase contract in Turkey within an organized legal department for which the Turkish government is responsible in order to ensure that there is no possibility of fraud and illegal robbery of your money. Beware of accepting to sign the contract in a place outside the departments of the state or outside a real estate company, for example, because this puts you and your money at great risk. In this case, you will not be able to file a property theft report because the law does not protect idiots. Sometimes you find people who deal on the basis of trust, and we say that there is no trust for those whom we do not know well.
The second step is to have a real estate company: Do not try to find a property in Turkey for sale without the presence of a real estate company, because often your choice will be somewhat incorrect. But if we have a real estate company, this means that you are on the path of safety and security because real estate companies always bring you what you want and with the specifications you set, and they also send experts to inspect the property. You probably will not be aware of the many pitfalls that they will reveal to you. And here we have to warn you not to put your trust in any real estate company, as there are those who are not trustworthy, but you should look for those who are very famous and reputable.
Care should be taken to mention all the information in the purchase contract: When you reach this stage, you should not neglect to mention any information, whether small or large, in the contract, because this issue will protect you greatly in the coming days. First of all, you must mention all the details that relate to you, i.e. your name, phone number, the profession you occupy, and most important of all, the price of the property that you paid. Was the full amount paid in one payment or did you pay it in partial payments and if you paid it in intermittent payments in each payment? How much was the amount. Also, all information related to the seller must be mentioned, as happened with the buyer, and the price that the seller received for his sold property must be mentioned with utmost accuracy. Finally, it is necessary to mention all the information related to the property, whether internally or externally, without omitting any of its details so that this deficiency does not cause problems for you.
Make sure you have a successful lawyer by your side: You will always find this advice given to you when deciding to buy Turkish property. When you reach the stage of signing contracts, be careful not to take any step without a successful lawyer at your side who knows how to speak Turkish fluently. And the task of this lawyer in this project is that he will be keen that all your affairs go as they should, so he organizes the papers, authenticates them, examines the information contained in them, and the sort of things about which you will not understand anything. It is true that this lawyer will not work in your favor in a charitable way, but the fees he will charge are only a small part of the money that you are likely to lose if it were not for his presence in the whole thing.
You should make sure to open a bank account: The purchase contract will not be within the safe zone unless you comply with all the procedures required of you. Among those procedures, you have to have a bank account in one of Turkey's banks; The matter of opening this account is very easy, as all paths are provided. And you should know that this is not only good for the property, but it is excellent for what comes after that as well because it will make it easier for you a lot.
Stay away from the real estate that is hovering around problems: If the property you intend to acquire is suspicious or has some red lines around it, we advise you to try to stay away from it as much as possible because it will only bring you trouble. This property is represented by placing a mortgage or seizure and so on from many other cases. In all actions, caution must be your ally.
Your real estate steps in Turkey will always be safe because Turkey aims to maintain its economy, which is characterized by rapid development and stability as well. According to what we have, the Turkish domestic product has more than tripled since eighteen years ago and until today, this country seeks to be among the major top ten countries, so it will not risk this situation to deceive you.
Edited by Mersat Real Estate ©
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