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ARTICLE · 30 JUNE 2022

Real Estate

Pekin Bayar Mizrahi (in alliance with Norton Rose Fulbright)
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On 28 June 2022, law numbered 7413 ("Law") which consists of amendments to certain laws was published in the Official Gazette. The Law, which includes a significant amendment to the Notary Public Law...

TurkeyReal Estate and Construction
Duygu Ozmen
Duygu Ozmen
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New Authority for Notary Publics in respect of Sale of Real Properties

On 28 June 2022, law numbered 7413 (“Law”) which consists of amendments to certain laws was published in the Official Gazette. The Law, which includes a significant amendment to the Notary Public Law, introduces a new authority to conclude real property sales agreements. -This was an authority that was previously exclusively given to the land registry offices.

As per the Law, beginning from 1 January 2023 (provided that the relevant electronic systems are established by the relevant authorities by the said time), real property sale agreements can also be executed before the notary publics. Some of the notable provisions of this new authority can be summarized as follows:

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