Hi all,
I think I had my wires crossed earlier with regard to Tapu and contract being new to all this. From what Scunner has told me and from your replies on here, i've gathered the following, I'm sure you will correct me if I am wrong:
The contract he is sending me is to confirm my intention to buy and the vendor's intention to sell at the proposed price. (not the Tapu as I had previously stated) I think he is translating a common Tapu to allow me to see what it says!! The contract hopefully will contain the following (some of which I have now asked for, thanks to Scunners and your advice)
The following is the e-mail which I have sent to them today and hopefully I have asked for all the relevant things to be in the contract. If I have missed anything you think may be relevant or if I'm totally on the wrong track, I'd be grateful if you could let me know:-
I would like there to be a penalty clause in the contract to make sure that I am compensated if the build time runs over that promised Also confirmation of expected completion date. I understand this is common practise when buying a property off-plan.
I need a specification of the property within the contract, including all materials used in construction, fittings to be used etc and a detailed plan of the property along with the total amount of the property.
I will also need to check that there is a proper schedule of payments within the contract, relevant to the stages of the build process. I believe a typical schedule of payments would be to pay at stages such as:
1) Initial deposit of £10,000 after the relevant legal checks have been made by solicitor (hopefully within 1 week from today)
2) completion of the concrete structure.
3) completion of internal and external works (after choosing, tiles, kitchen and bathroom fittings)
4) completion of the garden, pool and landscaping
5) with a final payment due when the keys are handed over and the property has been passed by the state building inspector and inspected by myself.
I also need to ascertain who is responsible for paying the property tax, I believe that this 3% tax is divided equally between the builder and myself, I need to make sure this is stated in the contract also.
I believe my solicitor has to perform the some checks which usually take about 3-4 days before I enter into the contract. I have e-mailed 3 potential solicitors in Turkey and hope to have a solicitor sorted out by Monday 7th Nov. I will let you know their name and details as soon as I have them.
I will also sort out a fair amount to pay for your fee's for helping with the transaction and we can put that into the contract if that is acceptable to you also.
With regard to the schedule of payments I've been led to believe that the bulk of the money paid by me should come at the end of building once I have inspected the property??? Did everyone else do it this way?
Thanks for all your help, I'll keep you posted once I've had word from the solicitors.
take care
Julie
)))
xxxxx
