ARTICLE
10 August 2023

Notaries Public Can Now Issue Real Estate Sales Agreements

KD
Kolcuoglu Demirkan Kocakli Attorneys at Law
Contributor
Kolcuoglu Demirkan Koçakli is a full-service Turkish independent law Firm based in Istanbul, advising international clients on complex Turkish law matters and delivering practical and commercial solutions in M&A, Energy & Infrastructure, Litigation, Arbitration, Corporate & Commercial, Banking & Finance, Compliance, PPP and Employment.
On 28 June 2022, an amendment was made to Notary Law No. 1512 to authorize the notaries public to issue real estate sales agreements.
Turkey Real Estate and Construction
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On 28 June 2022, an amendment was made to Notary Law No. 1512 to authorize the notaries public to issue real estate sales agreements.

Although the new rules were set to be in effect as of 1 January 2023, the Presidential Decree which was published on 28 December 2022, postponed the amendment's effective date to 1 July 2023 to allow the preparation of the land registry information system.

Recently, the Ministry of Justice published an announcement on 22 June 2023 stating that the notaries public will start issuing real estate sales agreements as of 4 July 2023 in accordance with the Notary Law and the Regulation on the Procedures and Principles Applicable to Real Estate Sales Agreements Issued by Notaries Public.

Applications for real estate sales before the notaries public can be made through "e-appointment/application" system of the Union of Notaries of Turkey using the “e-government gateway” system.

© Kolcuoğlu Demirkan Koçaklı Attorneys at Law 2020

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

ARTICLE
10 August 2023

Notaries Public Can Now Issue Real Estate Sales Agreements

Turkey Real Estate and Construction
Contributor
Kolcuoglu Demirkan Koçakli is a full-service Turkish independent law Firm based in Istanbul, advising international clients on complex Turkish law matters and delivering practical and commercial solutions in M&A, Energy & Infrastructure, Litigation, Arbitration, Corporate & Commercial, Banking & Finance, Compliance, PPP and Employment.
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