Legal Guide

Appraisal Report to Become Compulsory for Foreign Real Estate Buyers According to the announcement published by TKGM (Turkish General Directorate of Land Registry and Cadastre), foreign property buyers will need an obligatory appraisal report to receive a title deed. This new law will apply in Turkey from the 4th of March 2019. In that way, the Turkish government aims to secure foreigners during real estate purchases. Directorate plans to apply that rule for all real estate sales nationwide. Consequently, the appraisal reports will be conducted also for...