Title Deed "Tapu" : Everything You Need To Know

Who must pay the title deed tax in Turkey?

Among all the property taxes in Turkey, the title deed tax is one of the important items that must be taken into account before purchasing the property, because it is a not insignificant payment, as it amounts to 2% of the property price, imposed by the state on both the seller and the buyer, and despite the There is a clear and explicit text in this context, but the fee expenses are usually charged to the purchasing party, meaning that the buyer pays 4% of the total value of the property as a fee to the real estate registry, so this amount must be taken into consideration, and agreed upon in advance between the two parties to the sale contract, about The method of paying the title deed fee is clear between the seller and the buyer, and the commission that the broker will receive must be specified, in addition to the expenses incurred when paying the property sale fees, in the event that there is a broker between the seller and the buyer.

How is the land title tax calculated in Turkey?

As for how to calculate the title deed tax, it is done through an easy calculation, by multiplying the price of the registered property, which we assume is 100,000 US dollars, for example, and multiplying it by the value of the deed tax:

So we say 100 thousand dollars, multiplied by 4, it gives 4000 thousand dollars, which is the fee to pay for the title deed.

Do tax exemptions and deductions apply to the Tapu tax?

Because tax exemption in Turkey applies only to the value-added tax when purchasing the property, which amounts to 18% for commercial properties (shops - offices), and between 1 - 8 - 18% for residential properties, the tax exceptions and reductions in Turkey do not apply to Title deed tax, as the real estate tax exemption law in Turkey does not include ownership transfer costs, annual taxes, service fees and monthly subscriptions, as tax exemption in Turkish real estate is limited only to value-added tax.

When should the land title tax be paid in Turkey?

As we previously confirmed, the Turkish government imposes certain fees on registering the property (tapu) that must be paid by anyone who wants to buy a property on Turkish lands. Ownership of the property in the registration records cannot be transferred from the seller to the buyer without paying these expenses, and these fees are paid in full. Before transferring ownership of the property, this tax must be paid when owning a property in Turkey and when carrying out the process of transferring ownership of the property from the owner to the heirs. The tax is paid in Turkey when the transfer of ownership is carried out, and the tapu tax is due in Turkey at the time of registering the tapu document.

How and where is the land title tax paid in Turkey?

Since the transfer of ownership of the property in the title deed records from the seller to the buyer is not possible without paying the title deed tax, paying the title deed tax in Turkey is within the Land Registry Department in Turkey.

As for the method of paying the title deed tax in a proper manner, we at Easy Buy Estate - the first real estate consultant in Turkey - express our readiness to receive your real estate consultations by contacting us through our official contacts.