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Old 24th August 2015, 04:10   #1 (permalink)
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Unhappy Leasehold property in Turkey

Hi,im in abit of a pickle,i have an apart in Turkey,no tapu as it is a 99 year lease,i have power of attorney and ipoteck etc.The company is selling up and want me to sell my apart or transfer it to Turkish persons name,i know i can do poa from the uk for someone to sell it for me but im not sure how i go about transfering it into a turkish persons name.I do think i need to speak with a lawyer but wanted to get advice here if i could,im feeling abit intimidated and pressured at the moment.Havnt managed to sleep with concern.
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Old 24th August 2015, 08:39   #2 (permalink)
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Re: Leasehold property

Do not transfer the property into a Turkish Persons name ,if the company want to sell up and you are minded to do the same let the company buy you out and please get independent legal advice do not enter into an agreement using there solicitors ,do what is best for you
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Old 24th August 2015, 09:00   #3 (permalink)
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Re: Leasehold property

akbukowl offers good advise.
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Old 24th August 2015, 14:13   #4 (permalink)
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Re: Leasehold property

Possession is nine tenths of the law. Don't give anyone anything without being completely happy with the decision.
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Old 25th August 2015, 06:35   #5 (permalink)
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Re: Leasehold property

What reasons do the company that is selling up give you when requesting you sell or transfer your property?
imo don't sign a thing or agree to anything until you have had good independent professional legal advice.
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Old 25th August 2015, 15:18   #6 (permalink)
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Re: Leasehold property

Thankyou all,they have said that i must sell as the new company doesnt want this property on its books,they have sent my tapu details to a alocal agent ready for me to sell up but i really dont want to.I want to speak with a lawyer who can correspond with me via email etc as im in the uk xx
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Old 26th August 2015, 07:04   #7 (permalink)
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Re: Leasehold property

Is it just your property the new company dose not want ? It sounds a bit suspicious to me. I'd hang on there and wait for them to get in touch with you again. Surely, no one can force you to sell if you do not want to. Why do they want only a Turkish purchaser in your property ? Don't let them sweet talk you into anything if you have concerns. There's just too many scams going on with property, and this may be another one. Let us know what happens, please.
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Old 26th August 2015, 12:30   #8 (permalink)
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Re: Leasehold property

Quote:
Originally Posted by natnat View Post
Hi,im in abit of a pickle,i have an apart in Turkey,no tapu as it is a 99 year lease,i have power of attorney and ipoteck etc.The company is selling up and want me to sell my apart or transfer it to Turkish persons name,i know i can do poa from the uk for someone to sell it for me but im not sure how i go about transfering it into a turkish persons name.I do think i need to speak with a lawyer but wanted to get advice here if i could,im feeling abit intimidated and pressured at the moment.Havnt managed to sleep with concern.
Sorry to hear this is causing you stress natnat

Do you know if the other apartments are 'leaseholds or freeholds' & who owns/owned them?

It 'may' be that your property is stopping the sale they want to achieve... In which case your leasehold becomes far more valuable.

How dare they 'send your property details to agents'! If, they have? Or are they just saying that as part of a scam to make You feel that you don't have a choice in the matter?

Either way, they cannot force you to sell & I don't see why you should have to pay a lawyer to find out what they're really up to!

Although you don't want to sell it maybe the better option in the long run as they are sure to get up to all sorts to get their own way! & you'll be left with all sorts of legal fee's (finding an honest lawyer is one of the hardest parts)

Is there anyone over there you trust who could make some enquiry's for you?

Best wishes
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Last edited by tintagel; 26th August 2015 at 12:32..
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Old 26th August 2015, 12:44   #9 (permalink)
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Re: Leasehold property

In have given her contact details of someone who can advise. Hopefully she will report back the out come.?
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Old 27th August 2015, 12:24   #10 (permalink)
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Re: Leasehold property

Thankyou all so much for your concern and advice,im in contact with a lawyer now who is taking all the details about what is happening,they have sent all the tapu details to a local agent in preperation for me selling,im in shock to be honest xx
Thankyou Evo for the name of the lawyer,i am in contact with her xx
Yes just my property,mine is the only one with the 99 year lease in the block that belongs to them xx
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