Checks – Title Deeds will be checked to ensure person selling property is the owner. İf there have been any changes on the property. Terms in agreement will be checked.
Sale Agreement Translated from Turkish to English by legal Translator. Solicitor, Legal Translator, Buyer and Seller all sign agreement. All parties get two copies of agreement (1 turkish 1 english) Likya Real Estate also gets a copy for our records.
Deposit, Legal fees and Lıkya Real Estate agency fees need paid at this stage. (receipts will be given for all Money paid)
(ALL DEPOSİTS ARE NON REFUNDABLE)
STEP TWO----------------
Transfer of Title Deeds
Solicitor sends paperwork to Title Deeds Office, to be t ransfered into your name.
Title Deeds Office send copy of your passport and title deeds to İzmir for military check. This check is only to ensure your property is not within a certain radius from any Turkish military base. This may take up to three months.
STEP THREE------------
Payment Plan Likya Real Estate will draw up your Payment Plan.(agreed between you and the seller) Payment Plan gives you details of what you need to pay and when. Receipts will always be given for payments recieved.
OPTİONAL
P.O.A. ( Power of Attorney ) İf you wish you can give P.O.A. to either ourselves or the solicitor (or someone of your choice in Turkey), to sign documents on your behalf when you are not in Turkey.( Example – to release title deeds, turning on electric – water )
P.O.A.is setup at the Notary Office (offical Office in Turkey, where all legal documents are drawn up ) P.O.A. does not give persons named on it any claim on your property. Your Title Deeds are in your name and also have your photograph on them. Notary -------------------- £60 approx ( for P.O.A. and Legal Translator )
STEP FOUR--------------- Title Deeds
When authorized by Military in İzmir (approx. 3 months) Release of Title Deeds is done at the Notary (legal Office) in the presence of the buyer (or person with P.O.A) and the seller. If person with P.O.A. signs on your behalf we will send you a copy of your Title Deeds , and keep original safely at our Office until your return to Turkey. Solicitor will register Title Deeds with Local Council Office for property tax purposes.
Payments – When Title Deeds have been Authorized payment for Balance on property Buyers Tax Water-Electric connectıon Earthquake insurance
Are due at this time (or as stated in your payment plan)
COSTS
LEGAL COSTS Solicitor Fee Legal Translator Notary
OTHER COSTS
Likya Real Estate Fee Buyers Tax Goverment Tax Property Tax Water / Electric Connection Fee Earthquake İnsurance (required by law) (cost may change according to Exchange rate)
İf you have any questions please dont hesitate to contact us at