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ARTICLE · 04 APRIL 2018

Turkey Updates Rules For Title Deed Transactions

Moroglu Arseven
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Turkey has revised rules for executing mortgage deeds, meaning that credit institutions and agricultural credit cooperatives can now conclude mortgage contracts ...

TurkeyReal Estate and Construction
E. Benan Arseven
E. Benan Arseven
Sevi İslamageç
Sevi İslamageç
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Turkey has revised rules for executing mortgage deeds, meaning that credit institutions and agricultural credit cooperatives can now conclude mortgage contracts without being required to execute the mortgage deed in person before the title deed registry. Furthermore, parties are no longer required to apply in person to register debt or credit contracts at the Land Registry.

The Law Amending Certain Laws for Enhancing the Investment Environment number 7099 ("Omnibus Law") was published in Official Gazette number 30356 on 10 March 2018. The Omnibus Law makes changes to the:

  • Article 26 of the Land Registry Law number 2644
  • Article 9 of the Law on Organization and Duties of the General Directorate of Land Registry and Cadastre numbered 6083.

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