
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.