At Hukuk&Co, we recognize the complexities involved in buying and selling real estate in Türkiye. Whether you're a foreign investor seeking to acquire property or a local seller navigating the sales process, we provide comprehensive legal support to protect your interests at every step. Our experienced team ensures that all legal aspects, from initial negotiations to the closing of the deal, are handled with expertise and compliance with Turkish property laws.
We offer a wide range of legal services for both buyers and sellers in real estate transactions, ensuring smooth, legally secure, and efficient deals. Whether you're acquiring or selling property, we are equipped to guide you through each stage of the process.
A well-drafted, clear, and enforceable contract is crucial in real estate transactions. We assist clients in preparing, reviewing, and negotiating contracts to safeguard their interests. For sellers, we ensure the contract reflects the agreed terms; for buyers, we ensure all conditions are in place for a secure transaction.
Before proceeding with any transaction, due diligence is essential. We conduct thorough checks on property titles, ownership status, and any legal issues such as unpaid taxes, encumbrances, or disputes. Sellers are assured of a clean title, while buyers receive a fully verified ownership history.
Both buying and selling property involve various taxes and fees, such as stamp duty, capital gains tax, and notary fees. We provide clear advice to sellers on their tax obligations and potential capital gains tax liabilities, while helping buyers ensure they meet all tax requirements, including verifying there are no outstanding debts on the property.
Foreign buyers face specific regulations when purchasing property in Türkiye. We guide them through the necessary legal requirements and approvals, including obtaining permission from Turkish authorities. For sellers, we ensure compliance with restrictions or additional requirements related to foreign buyers.
Disputes may arise during the buying or selling process, whether over contract terms, property conditions, or issues with the Land Registry. We offer effective dispute resolution services to protect your rights and avoid costly litigation.
Transferring title deeds at the Land Registry is a critical step in completing a property transaction. Our team ensures that the transfer process is smooth, ensuring compliance with Turkish law and making sure both parties fulfill their contractual obligations.
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At Hukuk&Co, we adopt a clear and strategic approach to both buying and selling real estate. Our focus is on minimizing risks and ensuring compliance with legal, tax, and regulatory requirements throughout the transaction.
Stage One: Property Search & Selection
- For Buyers: We help identify properties that match your preferences and budget, collaborating with trusted real estate agents to find the best options available.
- For Sellers: We assist in preparing your property for sale, advising on market conditions and facilitating communication with potential buyers to ensure a smooth transaction.
We coordinate with real estate agents who understand your needs to ensure the search and negotiation process is efficient and transparent.
Stage Two: Property Inspection & Verification
- For Buyers: We verify building permits to ensure legal compliance, check for any encumbrances or liens that may affect ownership, and confirm that there are no unpaid taxes on the property.
- For Sellers: We assist in preparing the property for inspection, ensuring there are no hidden issues that could deter potential buyers, and verify that the property’s title is free from legal disputes.
Stage Three: Sales Agreement and Payment Terms
- For Buyers: We clarify payment options, including cash or installment plans, ensuring that payment terms are clear, fair, and legally binding. We help draft or review the sales contract to protect your interests.
- For Sellers: We ensure the sales contract reflects the agreed-upon terms, including payment details, deposit amounts, and property handover processes, safeguarding your rights.
Stage Four: Title Deed Transfer & Ownership Change
- For Buyers: We oversee the title transfer process at the Land Registry, ensuring full legal compliance and completing all required documentation.
- For Sellers: We manage the ownership transfer, ensuring that the correct documentation is submitted and that you receive payment promptly once all contractual obligations are fulfilled.
Stage Five: Post-Transaction Services
- For Buyers: We coordinate the setup of utilities (water, electricity, gas) and ensure that property taxes are up-to-date.
- For Sellers: We handle final tax payments, ensure compliance with capital gains tax regulations, and help transition property management services to the new owner if needed.
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- Legal Expertise: We provide in-depth knowledge of Turkish real estate law, ensuring compliance for both buyers and sellers.
- Due Diligence & Verification: We perform comprehensive checks to confirm the property’s legal status, offering peace of mind for both parties.
- Contract Negotiation & Drafting: We create fair, clear contracts that protect the interests of both buyers and sellers.
- Dispute Resolution: We offer dispute resolution services, from negotiation to litigation, to resolve any issues that may arise during the transaction.
- Tax Planning: We assist both buyers and sellers with navigating complex tax requirements, minimizing liabilities, and ensuring compliance with Turkish tax laws.
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Contact Us Today
If you're considering buying or selling property in Türkiye, expert legal guidance is essential. At Hukuk&Co, we provide a full range of services to ensure that your real estate transactions are legally secure, efficient, and in compliance with all regulations. Whether you’re a buyer or seller, we are here to assist you every step of the way.
Contact us for a confidential consultation, and let us help you navigate the complexities of buying and selling property in Türkiye.