Author Topic: Tapu. What is best ? Both names on Taapu or just 1 ?  (Read 9518 times)

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Offline savoyboy

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Tapu. What is best ? Both names on Taapu or just 1 ?
« on: March 26, 2013, 10:08:15 AM »
Just wondered what was best to have Tapu in one name or Two names ?

 Do you pay more for council tax if its in 2 names ?

    Is better for my partner to sell if I pop off ?

     Just interested in the pros and cons of 1 name or 2 names on Tapu.
Other than the idea that it is her and my house.
    Love to hear your thoughts on this.
   






Offline phil5257

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Re: Tapu. What is best ? Both names on Taapu or just 1 ?
« Reply #1 on: March 26, 2013, 11:02:14 AM »
We have our Tapu in both names and are assured that the council tax is split 50/50.

The council tax we were charged seemed to be a lot and our Turkish neighbour told us it was based on ground floor area and we have the whole ground floor of a villa. Above there are to duplex apartments and they pay half the council tax we pay - have never looked into this any further but would be interested to know if this is right.

Offline tonysue

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Re: Tapu. What is best ? Both names on Taapu or just 1 ?
« Reply #2 on: March 26, 2013, 11:16:54 AM »
you pay purchase tax @ 4% for every name on the tapu. so 2 names means 2 lots of tax.

Offline lilsoph

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Re: Tapu. What is best ? Both names on Taapu or just 1 ?
« Reply #3 on: March 26, 2013, 11:39:10 AM »
We have recently bought two adjacent plots of land and according to the latest rule, from the horses mouth in Mugla  one can only have a single name per tapu, not two which is what he have on our current land and house.

Offline Scunner

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Re: Tapu. What is best ? Both names on Taapu or just 1 ?
« Reply #4 on: March 26, 2013, 11:47:07 AM »
you pay purchase tax @ 4% for every name on the tapu. so 2 names means 2 lots of tax.

Sorry but that is not the case at all.

Offline Scunner

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Re: Tapu. What is best ? Both names on Taapu or just 1 ?
« Reply #5 on: March 26, 2013, 11:50:00 AM »
I would also say that if you trust the person you are buying with (yes I know in most cases you are married to them  :) )  - if you just have one name on the tapu it means you halve the chances of potential problems in the event of the death of one of you. If you are lucky, the one to drop dead will be the one not on the tapu  ;)

For this reason alone I now always advise one name.

Offline kevin3

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Re: Tapu. What is best ? Both names on Taapu or just 1 ?
« Reply #6 on: March 26, 2013, 11:56:06 AM »
I have not heard anything about "the latest rules".Savoyboy, We've got ours in joint names but it would pay you,I think, to give each other power of attorney if you do that then if any document ect' needs signing only one of you need to be there (one flight cost ect).I t may also help if one of you pops off (re Turkish inheritance laws). !!!     ;)  ;)

Offline grahamturner09

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Tapu. What is best ? Both names on Taapu or just 1 ?
« Reply #7 on: March 26, 2013, 12:03:50 PM »
Power of attorney makes no difference if one pops of and council tax is per property we have two of us on tapu and tax is no different to our Turkish neighbour

Offline Jim Fraser

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Re: Tapu. What is best ? Both names on Taapu or just 1 ?
« Reply #8 on: March 26, 2013, 12:07:13 PM »
I would also say that if you trust the person you are buying with (yes I know in most cases you are married to them   :) )  - if you just have one name on the tapu it means you halve the chances of potential problems in the event of the death of one of you. If you are lucky, the one to drop dead will be the one not on the tapu   ;)

For this reason alone I now always advise one name.
After Scunner posted that comment a few years ago we did our second place in one name, and agreed it makes a lot of sense as we have only one child and no family with previous partners - but have seen major problems with people who have more than one family, and even worse when they were not married.
As for the council tax that is divided equally by the amount of names on the TAPU  so one name pays 100%, 2 names pay 50% each etc.

Offline savoyboy

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Re: Tapu. What is best ? Both names on Taapu or just 1 ?
« Reply #9 on: March 26, 2013, 12:40:49 PM »
So I'm thinking one name is better
 As we are not married.
    Thank you for your help and advice




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