5 Questions 5 Answers On How Not To Be Cheated When Buying A House In Turkey
WHAT TO PAY ATTENTION TO THEM SO AS NOT TO BE CHEATED WHEN BUYING A HOUSE
The dream of buying a house in Turkey can turn into losing money to 'imaginary houses'. There are thousands of people who have taken out Turkish bank loans and gone into debt and are victims. Fraud has increased in recent days, especially in the purchase of housing from the project. What should those who buy a house pay attention to? We asked your expert...
Housing fraud is one of the most common cases today. In the real estate sector, there are also those who sell and escape from the Model House, and those who do not deliver on the date of the commitment…
X construction who was recently tried for failing to give his apartments after selling homes to 130 people over a model, was sentenced to 316 years and 3 months in prison and a judicial fine of 1 million 275 thousand TL. "Those who defraud victims with the promise of no longer selling housing should know that they will receive very serious prison sentences at the end of the process," the plaintiff's lawyer said in the ruling.
Turkish Lawyer also said that "Knowing that sellers can face such penalties will ensure that things are taken more seriously in the sector" and made important warnings about the points that home buyers should pay attention to. Does it make sense to buy a house from the project? What are the details to consider to avoid being Turkish property victimized and minimize the risks?
1. WHAT SHOULD BE CONSIDERED WHEN BUYING A HOUSE FROM THE PROJECT?
People who buy a house in the case of construction and seeing it from the model should check whether the project has a construction permit, avoid buying projects that have not been established on the real estate. Because when the easement is not established, it is not even clear which independent part of the real estate you purchased, and you only pay money on a written promise.
Again, if there is a Turkish construction license, it is important whether the construction is sealed or not, whether it is made in accordance with the license. Because these require technical and professional knowledge, it is good for them to necessarily receive a valuation or assessment report on the housing they will receive, or to review the reports that banks receive if they use a Turkish bank loan. Because these reports contain all kinds of information in the land registry and municipal records related to the project, and you are sure about the legal status of the Turkish house you bought.
2. IS THERE AN AUDIT MECHANISM FOR THOSE WHO SELL AN EXPENSIVE PRODUCT SUCH AS HOUSING TO THE CUSTOMER WITH A PICTURE OR MODEL?
There is a regulation on prepaid home sales in this regard. In accordance with this regulation, the Turkish Ministry of Commerce and the provincial organization conduct the necessary audits. In this sense, the administrative authority from which those who receive Turkey housing from the model can file their complaints is the Turkish Ministry of Commerce. Home victims can make these complaints via the web, as well as by submitting petitions manually.
3. WHAT ARE THE ADVANTAGES AND DISADVANTAGES OF BUYING A HOUSE FROM THE PROJECT?
The main advantage of buying a Turkish house from the project is the price advantage. At the early stage of the Turkey project, you will benefit from subsequent increases in value, as prices are kept appropriate.
The downside is a lot. Because it is not certain whether the project you are told will be finished, it involves a certain amount of risk. So choosing a company is important. On the other hand, since a document that has been completed and a settlement document has been obtained, that is, a document in which all legal requirements have been met, is not at the stage of purchase, it is also a point of uncertainty whether this document will be received in the future. It is extremely important that rights holders follow these rights.
4. CAN RENT BE REQUESTED FROM THE CONSTRUCTION COMPANY IF THE HOUSE IN QUESTION HAS NOT BEEN DELIVERED ON THE DUE DATE IN THE CONTRACT?
If there is such a provision in the contract as written in the contract; if not, the aggrieved party may seek compensation in accordance with the general provisions of the law. If the account of this compensation and under what condition it will be paid is not specified in the contract, it is determined according to the account that an expert appointed by the court will make. In the meantime, victims can claim them if they have not only lost rent, but also other damages caused by the late delivery of the House in Turkey.
5. IN WHAT CASE DOES HE HAVE THE RIGHT TO WITHDRAW? CAN THE PAYMENT BE REFUNDED IF THE HOUSE IS NOT FINISHED ON THE PROMISED DATE?
According to the regulation, the consumer in Turkey has the right to withdraw from the contract within 14 days from the date of establishment of the contract, without any justification and without paying criminal conditions.
In cases that exceed this period, he has the right to return from the contract without any justification for up to 24 months, provided that he has not received the housing. However, in this case, the seller; a preliminary agreement to sell or sale of housing due to taxes, fees, and similar costs from the date of the contract with the legal obligations arising from the contract price for the first 2 months of 2 percent, 4 percent for 3 to 6 months, 6 to 12 months 12 to 20 percent and 8 percent as of 6 may request that compensation to be paid for four months.
Of course, if the seller is acting in violation of the contract, the consumer may return from the contract without any interruption or compensation without the above-mentioned deductions, as well as claim the resulting damages.