+90 542 208 1 208
+90 542 208 1 208

We are well aware of the difficulties of making a decision to buy property outside of your own country and taking the necessary steps. People you don't know, locations you don't know and
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LEGISLATION TERMS

  • Building Permit (Zoning Permit)

The "building license", known as the zoning permit, is the type of license issued by the Municipalities or the Directorates of Environment and Urbanization for the construction of the building. Construction cannot start without a building license.

  • Land Title Deed

It is the document that shows the ownership of a land. This deed is called ‘share title deed’ or ‘soil title deed’.

  • Floor Easement

It is the easement (usage / utilization) right established on the buildings under construction. (It is a type of right that gives the right holder the right to use it on that property.)

  • Residence (Inhabitig) Permit

In case the real estate is constructed and completed in accordance with its approved project, it is a document issued by the relevant Municipality and showing the permission to use the building.

  • Floor Ownership (Condominiums)

It is a kind of private property established on the parts of (floor, apartment, business office, shop, store, cellar, warehouse, etc.) a completed structure which is suitable for use separately according to the Law of Ownership.

  • Floor Easement Title Deed

It is a document issued with the establishment of floor easement in the buildings that under construction and showing the right of use on the property.

  • Floor Ownership Title Deed

It is the document which shows the ownership of the property after the residence permit has been obtained in the completed buildings.

  • Transition from Floor Easement to Floor Ownership

When the building with easement is completed, it is to change the quality of the main real estate in the land registry by applying to the Deed Office together with the inhabiting (building use permit) certificate. The expression of "Floor Easement" in the title deed records is to be changed to "Floor Ownership".

LEGISLATION TERMS

  • Mortgage (Hypothec)

It is a record placed on a property by the debtor in favor of the creditor and recorded in the title deed register to ensure that a debt will be paid. The mortgage is removed when the debt is paid in full.

  • Real Estate Sales Promise Agreement

It is the contract that constitutes the basis of trading transactions between the customer and the company in a project whose title deed is not ready yet. In the sector it is named as “Real Estate Sales Promise Contract" olarak.

  • Apartment Net Square Meters

It is defined as the sum of the usage areas (lounge + rooms + balconies + wet spaces) of the independent section. In general usage language; It can also be described as “Sweepable Area..

  • Apartment Gross Square Meter

It is defined as the sum of the areas where walls and supporting systems are added to the net area of the apartment. In an other saying; it can also be defined as common areas on the floor where the apartment is located (except elevator, stairs, floor hall).

  • Apartment General Gross Square Meter

It is calculates by adding the common area share to the gross square meter of the apartment. Car parks and technical areas are not included in the relevant common area share. General Gross Square Meter, is the square meter that constitutes the basis for sales.
 

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