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1 min read Real Estate Law
What to Watch for in a Title Deed Transfer
Checks to perform before a title deed transfer in property sales, and the risks to avoid.
GL
G&G Law
G&G Hukuk
The title deed transfer is the moment ownership formally changes hands; the checks made beforehand are therefore of great importance.
Pre-transfer checklist
- Reviewing the title record for any attachment, mortgage or annotation
- Confirming zoning status and condominium ownership details
- Setting out the sale price and payment terms in writing
- Checking the scope of the power of attorney in proxy transactions
Performing legal due diligence during your purchase prevents potential loss of rights from the outset.