Sell, Rent out

Property Sale and Leasing Process

Property sale and lease transactions in Turkey are carried out within the framework of certain legal procedures. People who want to sell a property must first update the title deed records and make them ready for sale. Sales transactions are carried out through the Land Registry and Cadastre Directorate and it is recommended that a notarised sales contract be signed between the buyer and the seller. Factors such as tax obligations, expertise report and DASK insurance should also be taken into consideration.

In leasing transactions, the lease agreement is of great importance. This contract, which regulates the rights of the tenant and the relationship with the property owner, should include the rental price, payment terms, deposit and eviction conditions. Especially in long-term leases, it is useful to make a notarised contract in order to prevent possible disputes. In addition, tax liabilities arising from rental income should also be taken into consideration.