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Title Deed
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Title Deed
A Comprehensive Guide to Tapu Processes by Estates Istanbul
Navigating the intricacies of property ownership documentation, or “tapu,” is an essential yet often complex endeavor for both buyers and sellers. This document serves as an authoritative record of ownership and is fundamental to any property transaction. Estates Istanbul is pleased to provide this detailed guide to demystify tapu categories, the significance of tapu colors, required documentation, and the step-by-step process involved.
What Is Tapu?
A “tapu” is an official document that certifies the ownership of a property, whether it’s a specific land parcel or an individual unit within a building. The document delineates critical details such as the owner’s identity and the characteristics and location of the property. It is issued by tapu registration offices and is indispensable for activities like property transfer or mortgaging.
Types of Tapu
- Kat Mülkiyetli Tapu
This is issued for properties that are part of a completed construction and subdivided into independent units. Each unit is registered separately, and the respective owners are listed on the tapu.
- Kat İrtifaklı Tapu
This type is for buildings still under construction or at the construction stage. It indicates a fractional ownership based on the share of the land allotted to each shareholder.
- Hisseli Tapu
This is for properties owned by multiple individuals but not divided into independent units. All stakeholders are listed, but specific ownership percentages are typically not detailed.
Tapu Colors and Their Significance
Pink-Colored Tapus
These usually represent independent units within a building, such as residential apartments or commercial spaces.
Blue-Colored Tapus
These are typically for vacant land parcels, indicating that no individual units have been constructed on the land.
Documentation Required for Tapu Transactions
For Sellers:
- Original or copy of tapu
- Photocopy of national ID or passport
- One passport-sized photo
For Buyers:
- Photocopy of national ID or passport
- Compulsory Earthquake Insurance Policy
- Two passport-sized photos
How to Proceed with Tapu Transactions
Submission of Application: Submit the required documents, and an application request form will be issued for tracking purposes.
Payment of Tapu Fees: The transaction fees must be paid at the designated bank and the receipts should be kept handy during the tapu process.
Signing the Records: After validation by a tapu official, the records are signed by both the buyer and the seller.
Final Steps: The completed and authorized tapu is handed over, making you the official owner of the property.
By understanding the types and functions of various tapu documents, you’re better prepared to navigate the property market in Turkey. Estates Istanbul is committed to simplifying these complex procedures, ensuring that your property transactions are as seamless as possible.