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Old 8th July 2014, 12:24   #1 (permalink)
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final payment before TAPU?

Hi everyone.

I am confused about something and wonder if anyone can offer advice?

I am close to completing on a property in Side built by Mecitoglu. My contract with Mecitoglu states that my final payment and receipt of title deeds take place on the same day " simultaneously". Now I have been told that final payment should be made on key delivery date, but it could take 3months to YEAR to get the TAPU. It seems odd that the contract specifies that the final payment and Tapu occur on the same day, yet this is not what occurs. It also seems odd to hand over final payment and not know when I will receive the deeds. I am a bit anxious about my legal position in the time waiting for the TAPU...

Is this normal? What process have others experienced? Maybe there is nothing to worry about but i just wanted to check.

Any thoughts gratefully received.
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Old 8th July 2014, 13:00   #2 (permalink)
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Re: final payment before TAPU?

No way should you hand over any money till you have the TAPU
Yes it can (and should) be done all on the same day .
If it is all above board, why on earth should you have to wait for your tapu
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Old 8th July 2014, 13:05   #3 (permalink)
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Re: final payment before TAPU?

Normal practice in property sales in Turkey for the money to be handed over in the Tapu office as the deeds are changed over. You are surmising that it can take years I would suggest you ask questions as to what has previously happened in the complex.
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Old 8th July 2014, 13:10   #4 (permalink)
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Re: final payment before TAPU?

Always find advice on this on Tlf confusing.

On one hand buyers are advised never give a penny until you have the Tapu- meanwhile sellers are advised all monies up front before you complete sale.

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Old 8th July 2014, 13:23   #5 (permalink)
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Re: final payment before TAPU?

Hi, side saddle can you tell us who gave you the information as to paying the final amount and having to wait for your Tapu?
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Old 8th July 2014, 13:40   #6 (permalink)
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Re: final payment before TAPU?

hi Lindy lou the information came from the company rep . Basically the final payment is expected on the date of key delivery ( which in the contract is also specified as the deeds transfer day).But apparently all the properties on the complex are put in together so this can take anything from 3 months to a year. I was told that as this is a government office they cannot say how long it will take. None the less payment in full is expected on key delivery date.
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Old 8th July 2014, 13:42   #7 (permalink)
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Re: final payment before TAPU?

hi chinook, the complex is new and so I have none to ask who has previously lived there
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Old 8th July 2014, 13:52   #8 (permalink)
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Re: final payment before TAPU?

Dont take delivery of the keys until the tapu is available, was your contract notarised ?

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Old 8th July 2014, 13:58   #9 (permalink)
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Re: final payment before TAPU?

It is quite normal in Side to just get the key on the date of the last payment yet wait a while for the Tapu to come through. I have bought 2 x properties in Side - the first one it took 2 years after the final payment to get the Tapu! The second property it took 10 months. But you have the key and can live there - no problem - so only problem would be if you want to sell soon after purchasing - which is unlikely anyway.
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Old 8th July 2014, 14:05   #10 (permalink)
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Re: final payment before TAPU?

Quote:
Originally Posted by angelaturkey View Post
It is quite normal in Side to just get the key on the date of the last payment yet wait a while for the Tapu to come through. I have bought 2 x properties in Side - the first one it took 2 years after the final payment to get the Tapu! The second property it took 10 months. But you have the key and can live there - no problem - so only problem would be if you want to sell soon after purchasing - which is unlikely anyway.
Yeah, that's what I was told too, 10 Years ago...........!

Do NOT part with any more money until you have Both Tapu & Habitation certificate!

There is NO valid reason why they cannot issue you your Tapu! Habitation cert may well depend on what is being built, but if genuine, hold back enough money to cover the cost of getting it - Please -

You might want to use the search facility for more information on this company, Tapu's & Habitation certificate issues - Best wishes
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