Is There Any Shareholder in The Land That You Purchased ?
Is There Any Shareholder in The Land That You Purchased ?

Is There Any Shareholder in The Land That You Purchased ?

Every country has their own title deed system and regulations. In Turkey there is many types of title deed. One of these is joint-owned title deed. And it is impossible to know from the title deed if is there any shareholder in your land. But  licensed real estate expert could easily  find out this from the title deed system. We see in some cases that a land sold to  foreign investors as an  independent land by getting help from local agents but after a while the investor finds out that the land had many shareholders. In Turkey there is right of first refusal for shareholders , sometimes you purchase a land after a while you find out that the other share holders have the right of first refusal and one of old share holders could  take back your land. So that you could lose a large part of your investment.

Read The Latest Blogs

Why Should I Hire a Property Management Company
07 Eylül 2021 - by Sancar

Why Should I Hire a Property Management Company

Property Management service is essential for foreign investors. Because every incorrect step or an issue that you ignored can make you face with big problems. Therefore, this professional property management service protects you from bad surprises and risks.

What is the Rental Income Tax and When it's Paid?
07 Eylül 2021 - by Sancar

What is the Rental Income Tax and When it's Paid?

In Turkey rental income tax is paid according to your statement and also calculations is should be done by you. Rental income tax payment is paid with two installments, first is on March and second one is on July

Intersted In more ? Keep Reading
مهتم أكثر؟ مواصلة القراءة
whatsappWhatsapp Support