If it is impossible to be present at the transaction for the purchase of real estate, buyers often resort to issuing a power of attorney. Let's deal with the specifics of the power of attorney for the purchase of real estate in Turkey.
A power of attorney is a written authorization issued by one person to another person for representation before third parties in legal relations. In other words, a power of attorney is a document that allows your trustee to act on your behalf.
For sufficient information about the price and conditions of buying property in Turkey, refer to the main page of the site.
In what cases is a power of attorney issued?
Of course, a power of attorney for the purchase of real estate is issued when the buyer does not plan to be present at the transaction and paperwork. Here are the most common cases in which buyers draw up a power of attorney to purchase real estate:
1. The buyer is located in another city or country
2. The buyer cannot be present at the transaction for health reasons
3. The property is purchased for several people, and in order not to distract everyone, a power of attorney is issued for one
4. The buyer does not want to spend his time on the execution of all documents; having issued a power of attorney, he saves himself from the need to visit the registration authorities and prepare documents for the transaction.
Buying property in Turkey with power of attorney
Where is the power of attorney for the purchase of real estate in Turkey issued?
A power of attorney for the purchase of real estate is issued by a notary in Turkey. In Turkey, a power of attorney for the purchase of real estate is issued only by a notary with an invited translator.
If you plan to issue a power of attorney to purchase real estate in Turkey in your country, then you will need to visit the Turkish consulate or embassy to issue such a document.
When issuing a power of attorney for the purchase of real estate in Turkey, the presence of both the principal and the trustee is required.
Turkey is included in the list of countries that have signed the Hague Apostille Convention. If your country is also a signatory to this convention, you can apply to any notary in your country for a power of attorney. But before that, consult with your real estate agent, who will tell you the specifics of issuing a power of attorney in Turkey, as well as what powers should be written in the document.
After receiving the power of attorney in your country, you need to apostille the notarized power of attorney in the authorized bodies, as well as translate it with a Turkish notary.
Who can be a trustee?
The trustee can be the real estate agent you work with or any other person you trust. The most important requirements for a trusted person:
• Adult
• Capable
• Voluntary consent to issue a power of attorney for him
What documents are needed to issue a power of attorney?
To issue a power of attorney for the purchase of real estate in Turkey, you need to provide a foreign passport of both the principal and the trustee, as well as photographs.
What are the types of notarized power of attorney for the purchase of real estate in Turkey?
One-time - provides for a limited number of actions to be performed by a trusted person, for example, sign a contract for the sale of an apartment or receive Tapu at the registration center.
General - provides the authority to perform any actions related to the acquisition of real estate in your name.
Conditions for buying property in Turkey with power of attorney in 2023
You can also issue a power of attorney for a fixed period or indefinitely
We do not recommend that you issue a general power of attorney. It is enough to prescribe in the power of attorney all the actions that the trustee must perform.
All powers of the Notarized Power of Attorney are written in detail in Turkish and read by the translator in your native language before signing. A notarized power of attorney for the purchase of real estate in Turkey usually includes the following powers:
• purchase of real estate in Turkey in your name
• registration and receipt of Tapu (document of ownership) in the cadastral center
• obtaining a technical passport for the facility
• opening utility accounts in your name, etc.
Conclusion
For more information on obtaining a notarized power of attorney for the purchase of real estate in Turkey, as well as for the selection of property for sale in Antalya and Turkey, please contact Antalya Estate.