Overseas property news - New property deed system for turks

New property deed system for turks

Turkey is to offer it citizens living abroad an easier way to apply for title deeds online.

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).

Source: VoicesNewspaper.com

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