Author Topic: New rule for buying/selling property  (Read 606 times)

0 Members and 1 Guest are viewing this topic.

Offline trainer

  • Full Member
  • ***
  • Posts: 941
  • Age: 57
  • Location: The BORO
  • Last man standing
New rule for buying/selling property
« on: February 15, 2022, 11:57:35 AM »
Our friend is selling there villa and have been told that there is a new rule that all monies must be paid into the Turkish national bank and converted to lira,  the estate agent has said the proses is
Money gets paid into Turkish national bank
It gets converted to lira
certificates are issued one for the buyer one for the seller
The buyer takes their certificate to the tapu office they then can collect their tapu
The seller takes there certificate to there bank and can transfer the money into there account
This was the way it was described to me but the estate agent was having a meeting with the tapu office to confirm the finer details
If this is the case and the money has to be converted to lira I could see some losses for people selling and moving back to there home countries

Share me

Digg  Facebook  SlashDot  Delicious  Technorati  Twitter  Google  Yahoo