New development
The Law on the Amendment of Law on Judges and Prosecutors and
Certain Laws ("Law") was published in
Official Gazette No. 31880 and dated 28 June 2022. The Law
introduces significant amendments to Law No. 1512 on Notary Public,
and authorizes notaries to execute real estate sales contracts.
What does the Law introduce?
The long-debated regulation allowing the execution of real
estate sales contracts by notaries, which is considered an
opportunity for easier and faster execution of real estate sales
transactions through citing examples in other countries, will enter
into force on 1 January 2023 at the latest.
Pursuant to the regulation, upon completion of document
exchanges, notaries will review the title deed records and
documents related to the real estate with the land registry offices
through the land registry information system. As a result of this
review, if there is no legal obstacle to the sale of the real
estate, notaries will prepare a
