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New system to ease red tape in deed transactions abroad
  14.10.2011


Turkey allows its citizens living within the country to apply for a deed online, but these services will be expanded to serve those living abroad, by hiring deeds recorders in Turkish embassies in countries with a strong Turkish presence.



 


With the new system, expected to start functioning in 2012, a Turkish citizen residing in Germany will be able to conduct purchase or sale transactions for real estate property in Turkey, just by applying to the Turkish Embassy.

Gökhan Kanal, the acting general manager of the Deeds and Land Registry Office, said they plan to request staff for foreign missions from the Foreign Ministry. Kanal says the Recorder of Deeds Office plans to employ its own representatives at diplomatic missions, adding that transactions to be carried out by experts who will be recruited by Turkish embassies abroad will be entered into the online Deeds and Land Registry Information System (BİS).

“In addition to following deeds transactions, our representatives at embassies will also act as real estate consultants. So, our citizens residing abroad will be able to get information on the value of their house or land in Turkey. In a way, these employees will be our real estate ambassadors.”

Currently, deeds transactions across Turkey can be conducted online at any deeds office, thanks to the online registry available. Previously, real estate owners had to travel to the deeds office associated with the property to be handled. The next move the Deeds and Land Registry Office plans is to expand the system on the Internet to make it possible for citizens to complete their transactions without going to a deeds office. Kanal says this will be possible as early as the end of this year. He noted that this was also part of the government program.

The infrastructural work is under way to complete the online registry system. Kanal says in the new system, real estate owners' declarations will be taken as the basis. “So citizens will be able to input the information needed to register a deed online through the Internet. The system will then validate the information entered, including the Turkish citizenship number, the Natural Disaster Insurance [DASK] policy number and the value of the property in question. After the information is processed, the system will send an SMS to the user. The only thing left for the buyer and the seller to do will be to go to a deeds office with a photo to complete the transaction,” he explained.
  
  

Source : todayszaman.com
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