The title transfer is the moment the sale is legally completed. A well-prepared transfer takes half an hour; an unprepared one can drag on for weeks.
Appointment and preparation
An appointment is booked at the land registry office. The parties attend with their identification; if a power of attorney is being used, its scope is checked in advance.
Before the transfer, the encumbrance check, the DASK policy, the municipal debt record and any tenancy should all be settled.
Title deed fee and revolving fund charge
The fee is calculated on the declared sale price and by law shared between buyer and seller. In practice the parties may agree otherwise; that conversation should happen at the start.
A revolving fund charge is also collected. This amount is fixed and separate from the fee.
Declaring the price correctly
Showing the sale price below its true value brings a tax penalty and causes the buyer problems later when capital gains are calculated.
The declared price cannot fall below the assessed value set by the municipality. A correct declaration is both a legal obligation and protection for both sides.
Transfer in a mortgaged sale
If the buyer is using a loan, the bank registers the lien in the same transaction and pays the price to the seller. That is why coordinating the bank and the registry appointment matters.
If there is an existing mortgage lien, settling the debt and lifting the lien can be done on the same day. When you work with us we arrange that coordination.
Related sections of this guide
- What is checked on the title deed? Encumbrances and annotations
- I want to sell my home: the process from start to finish
- Tax on a sale: capital gains and the exemption
Terms from the glossary
We are beside you on this
As Konutkent Gayrimenkul we run the sale of your property with you from start to finish: valuation, deed checks, listing, buyer meetings and the title transfer. You can ask your questions by telephone or fill in the application form.
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