All about inheriting real estate in Turkey

Real estate buyers in Turkey have a lot of questions and inquiries about this field. Although it is completely safe and outperforms other countries in several stages, there are some aspects that remain mysterious to them. In this article, you can see many details related to the issue of inheriting real estate in Turkey.

Can children inherit real estate from their parents? Are there specific conditions that must be adhered to? This is what we will find below.

Real estate inheritance law in Turkey

Real estate inheritance law in Turkey is governed by civil law and real estate inheritance law in Turkey may be complex and difficult to understand all its rules and regulations. There are two main types of real estate inheritance in Turkey: probate and intestate.

Intestate inheritance is when a person dies without a will and his relatives inherit his property and probate inheritance is when a person dies with a will and his property is inherited according to his wishes i.e. as he recommended and the law of inheriting real estate in Turkey can be very confusing, therefore it is important to seek legal advice if you inherit a property in Turkey and use an expert or a qualified lawyer.

Foreigners' inheritance of real estate in Turkey

If you are a foreigner who inherited real estate in Turkey, you may be wondering about your options and the scope for you to act. You may be able to sell the property, but there are some restrictions stipulated.

The first thing you need to do is to get a notarized copy of the title deed as you will need this when you go to the Local Land Registry office to register the property in your name and you will also need to obtain a Turkish tax number, which you can do at your local tax office.

Types of wills in Turkey

There are different types of wills in Turkey and the one you will choose depends on your personal circumstances in the first place:

-Handwritten Will:

A will completely handwritten by the testator (the person who makes the will). This will does not require a certificate or notarization.

-Official Will:

A notarial will is a will made in the presence of a notary who is the official who can view and certify documents and a notary must be made in Turkish.

-Oral will:

A verbal will is a will issued orally by the testator in front of two witnesses, and the witnesses must be present at the same time as the testator is present when the will is made.

Conditions for accepting the will in Turkey

In order for a will to be acceptable, there must be several conditions that must be met in it, which are as follows:

-The testator must be of sound mind and over 18 years of age.

-The will must be in writing and signed by the testator in the presence of two witnesses.

-Witnesses must be over 18 years of age and not be beneficiaries of a will.

-The will must be dated.

When is the will to be revoked in Turkey?

A will in Turkey is invalid only if it does not comply with the procedures stipulated in the Turkish Civil Code and the will must be in writing and signed by the testator in the presence of two witnesses.

Who inherits real estate in Turkey?

The rules of inheritance in Turkey are governed by the Turkish Civil Code. By law, the property is inherited according to the following rules:

-If the deceased left a spouse and children, the spouse inherits a quarter of the estate and the three children inherit the remaining quarters.

-If the deceased left a spouse and no children, the spouse inherits half of the estate.

If the deceased left children and did not leave a spouse, the children inherit all the inheritance.

Documents required for transferring ownership of real estate to heirs

The documents required to transfer the ownership of real estate to the heirs in Turkey are:

-Property title deed.

-A certified copy of the owner's death certificate.

-A certified copy of the owner's will, if any.

- Inheritance certificate, if any.

- Identity papers for the heirs.

Inheritance tax on real estate in Turkey

Inheritance tax on real estate in Turkey is a tax imposed on the value of property inherited by an individual. The rate of inheritance tax in Turkey varies according to the relationship between the deceased and the heir with rates ranging from 10% to 30%.

In order to calculate the inheritance tax owed on a property, the value of the property must first be determined and then the value of the property is multiplied by the applicable inheritance tax rate to arrive at the amount of tax owed.

Cases of preventing one of the heirs from obtaining a share

There are many cases in which one of the heirs is prevented from obtaining the inheritance, which are as follows:

-If the heir commits a serious crime against another heir or against a third person who has an interest in the estate.

-If the heir intentionally destroys property belonging to another heir or a third person with an interest in the estate.

-If the heir is convicted of a felony or misdemeanor involving moral turpitude.

-If the heir is addicted to alcohol, gambling, drugs or any other substance.

-If the related persons presented to the court valid and convincing reasons.

SERVICES BINAA REAL ESTATE IS PROUD TO PROVIDE TO ITS CLIENTS:

Apartments for sale in Istanbul suitable for obtaining Turkish citizenship.
-Exclusive offers and properties considered the best in the Turkish real estate market.
Real estate prices are studied and guaranteed.
- Ensure the smooth running of the property purchase process and take care of all the arrangements.
Marketing your property and selecting distinguished clients.
An integrated team of experts to answer any questions about a successful real estate investment journey in Turkey, just contact us.

Binaa Real Estate has a great team of experts who can help you buy a property in Turkey. The company has been working in this field for years and has helped many people to buy real estate in Turkey.

You can trust us completely, let us help you find the perfect property for you and your family.

Visit our website permanently and see the most important laws related to the real estate market in Turkey and find adequate answers to your various inquiries, and do not forget that all those in charge of the company are always ready to help in many matters, foremost of which is the issuance of Turkish citizenship.

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